Europe could cut 2.5 mil mt/year of aluminum capacity: analyst

Problème numéro 1, le coût de l'énergie en Europe :

"I would say anything in Europe other than Scandinavia because of low-cost power is fair game" for curtailments, he said. The analyst said the current grid price for power in Europe is $70/MWh, but the smelters need a $30-40 power price to be profitable at the current aluminum price.

Annonce de fermeture de toutes les usines :

He said many of Europe's power contracts expire at the end of this year and next, "and when those end, they will shut the door one by one."

Construction d'usines au moyen orient :

To keep the supply base up, Middle East capacity is expected to rise as there is "a lot of capital to build there."

pour gagner le niveau de production de la demande..