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International Aluminium Conference.

Issued at 2013-07-02



The 28th International Aluminium Conference, which will be held on 17-19 September 2013 at the InterContinental Geneve, Geneva, Switzerland, is probably "the key leading indicator of where the international aluminium industry is going", said Erik Dupon, Senior Sales Manager, Danieli Corus. After a less than stellar year in 2012, aluminium is hoping for better as we move through 2013 and beyond.

The outlook for demand from the automotive, aerospace and construction sectors is reasonably buoyant. However any improvement in industry fortunes will be tempered by the vast overhang of inventory round the globe – over 5m tonnes in LME warehouses alone and estimates of another 1.5m tonnes on the ground in China. The aluminium market is rife with anomalies at the moment: low exchange values but relatively high prices delivered to the customer; an industry quite clearly in surplus but reluctanct to rein back all but the highest cost capacity as producers shelter under historically high physical premiums; a large part of the primary smelting business globally operating beyond its means; consumers grappling with an overall aluminium price of which only a part is hedge able.

Decision-making in today's complex, even dysfunctional aluminium market is challenging; getting a handle on where demand, stocks, prices and premiums are headed a major headache. What better place to get a real understanding of industry dynamics and make the most of market opportunities than Metal Bulletin's International Aluminium Conference, this year taking place in Geneva at the heart of the wider European marketplace?


Source: Aluplanet



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