Demand in China Drives Aluminum Industry Profits Higher

The Aluminum Industry has begun to show signs of stability in recent months. One of the fundamental factors for the turnaround in the aluminum industry has been the continued production discipline demonstrated by China. From 2002 to 2008, China had been a net exporter of aluminum, but has since become a net importer. In fact, The Chinese Government recently announced that restrictions on power that will come into place in an attempt to rein in energy consumption, may also impact the market well. Aluminum plants use a massive amount of energy, and once the power cuts come into effect, the plants are expected to be limited in their ability to produce. The Bedford Report examines the outlook for companies in the Aluminum industry and provides research reports on Aluminum Corporation of China and Century Aluminum Co.