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BEIJING, Dec 7, 2010 - (ACN Newswire) - Cheaponsale.com (http://www.cheaponsale.com/) latest reports shows that before 2012, global aluminum supplies are expected to exceed 51 million tons, and automotive, packaging, construction, power transmission and durable consumer goods will accelerate the aluminum market growth.
At present, China is the world's largest aluminum producer and consumer, consumption accounts for more than a third of the world, and it keeps the very high rate of growth, which greatly promotes aluminum demand. India and Brazil and emerging market demand is also maintaining a higher rate of increase. In contrast, American due to its largest aluminum consumers, the automobile industry and transportation industry, demand decreased, and its aluminum demand is in decreasing trend. In addition, the subprime crisis also for construction and other main aluminum consumption industries caused negative influence.
Under China's growing consumption drive, the Asia-Pacific region becomes the world's largest aluminum market, accounting for about 49.5% of the world. Before 2012, global rolling extrusion product requirements are expected to reach 31.8 million tons.
Power shortages and transportation problems are currently affecting global aluminum industry profits as a major bottleneck. While the rising raw material and energy prices will further compress the profit space, production, cost and operation bring some problems.
Contact:
Cheaponsale.com
Tel: +86-10-65569770
Email: my@cheaponsale.com
http://www.cheaponsale.com/
Topic: Research / Industry Report
Source: Cheaponsale.com
Sectors: Science & Nanotech
https://www.acnnewswire.com
From the Asia Corporate News Network
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