By Nnamdi Anyadike
This file analyses the country of the aluminium industry at the start of the twenty first century, taking a look at the aftermath of the MoU and at developments and advancements within the validated and rising marketplace economies contemplating the alterations and demanding situations confronted by way of aluminium in its middle automobile, packaging and construction end-use sectors.
- A transparent and specific research of the and its significant markets
- A survey of tendencies in mining, refining, processing, end-use and consumption
- Unique and marketplace forecasts
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Extra info for Aluminium. The Challenges Ahead
3). The average smelter operating rate was 95%. 8 million tonnes. 2 million tonnes to the volume at the beginning of the 1990s. Western Europe remains a net importer of primary aluminium, with imports of 2 million tonnes. Order intakes for rolled products developed favourably in 2000, but slowed down towards the end of the year. Up to November, orders exceeded the year-earlier level by 7%. 4 million tonnes. The use of rolled products has been gradually increasing since 1996 (see Fig. 3%. 4 Consumption of rolled and extruded products in Europe (000 tonnes) (source: EAA).
In its initial stages, aluminium alloy was actually trading at a premium to the LME's primary aluminium contract and the automotive industry was left aghast at the extent of the price rise in 1994. In January ofthat year, the price of one of the three LME traded alloy standards, LM24, was around $970 per tonne. Before the end of the year, it was trading at $1900 per tonne. Some senior automotive industry executives described the rise as a slap in the teeth, particularly in light of the fact that their industry had for years been wooed by the aluminium industry, and had recently responded by taking steps to increase the amount of aluminium used per vehicle.
The group has also proposed a special tax on nuclear energy to take away its relative advantage vis-à-vis fossil fuels. The highly energy intensive primary aluminium industry would be severely disadvantaged if a common energy tax were to be introduced. However, despite declarations in mid-2001 from US President Bush that he would not ratify Kyoto, it is evident that the EU intends to honour its commitments and this could have serious effects on the region's primary aluminium industry. UK Climate Change Levy (CCL) In April 2001, the UK's Climate Change Levy (CCL) was introduced despite strenuous lobbying against its introduction by a cross-section of industry.