Aluminium: Set for ongoing demand

From blog.hycmlab.com

Aluminium is a metal worth considering for a medium-term buy. Here are the positive reasons for that: • Global aluminium demand growth is set to grow moved by energy transition-related sectors like transportation and renewable energy from China, the US and Europe. Many major economies have a real push now to try and reach ‘net-zero’ carbon emissions and there is a big political drive for renewable energy and electric power. • China’s primary supply growth is set to plateau. China is under pressure to bring down carbon dioxide emissions from primary aluminium smelting and ING thinks capacity could be capped ... (full story)