Norsk Hydro CEO Sees Market Mostly Balanced This Year

The video discusses the impact of China's aluminium market on global prices, highlighting China's significant role in both demand and production. It covers ongoing supply reforms in China, targeting companies with unauthorized capacity and addressing environmental issues. The potential reduction in China's production capacity could affect the global supply-demand balance. Outside China, there is limited capacity growth, with some developments in India for domestic use. The video concludes with expectations for a balanced market, contingent on developments in China.

What factors are influencing aluminium prices in China?

How is the supply reform in China affecting aluminium production capacity?

What impact could the reduction of 30% in aluminium production capacity have on the global market?

What challenges do producers outside China face in maintaining supply discipline?

What is the expected balance of the global aluminium market this year?