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Excess aluminum production hit a 7-years record high

2015-07-17

An analysts point out that the massive producing of aluminum in Asia will lead to serious over supplement around the world, which even cover the benefit from the increasing demand from north American market.

Vice president from the headquarter of Harbo Aluminum Intelligence Unit , which located in Austin, Texas, predicted that the over supplement amount will reached 2.1 million, which 1.8 million of it are made in china.

Annual increase speed in china is 7.3% and 12.3 in 2014, according to a report from Aluminum association.

“Generally speaking, to make china ‘economy become slowly doesn’t mean to stop it.” Villegas said.

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