Business »  Topic »  Global headwinds, slowing economy shrink Q2 domestic aluminium demand by 6%

Global headwinds, slowing economy shrink Q2 domestic aluminium demand by 6%


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Global headwinds and a slowing economy in the country shrunk domestic aluminium demand by six per cent during the September quarter of FY20 to 0.96 million tonnes (mt).

On a year-to-date basis, the domestic demand grew marginally by 0.1 per cent. Firm demand in aluminium consumption has been one of the bright spots for the domestic producers, helping them to combat headwinds like tepid LME (London Metal Exchange) prices. Aluminium prices ...


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