Global aluminium demand set to outpace growth – Fitch

The global aluminium market is likely to experience a number of deficits over the coming years as solid demand growth, driven by the construction and automotive sectors, outpaces production growth, says Fitch Solutions Macro Research. Fitch expects the global primary aluminium market to remain largely undersupplied until 2026, as modest demand growth outpaces that of production. From 2026 onwards, it expects the market to shift into oversupply.