The world’s largest aluminum companies
Aluminum is one of the world’s most widely used non-ferrous metals. Despite some years of supply and demand imbalance, demand figures have risen again in 2017. Along with rising demand, aluminum prices rebounded to an average of 1,968 U.S. dollars per metric ton in 2017. Despite concerns over political uncertainty, the outlook for 2018 continues to be positive.
The main aluminum markets include China and the rest of Asia and Oceania, Europe and North America. Aluminum demand in China grew at a compound annual growth rate (CAGR) of about 15 percent from 2011 to 2012. Although growth has slowed a bit, the CAGR for 2017 still stood at a strong 10 percent. Globally, the main end-users of the base metal include the following sectors: transportation, construction, electrical engineering, machinery manufacturing and packaging.