CRU's 21st World Aluminium Conference will take place on the 9-11 May 2016, at the Westin Bund, Shanghai, China.
CRU's World Aluminium Conference attracts influential delegates involved in smelting, recycling, rolling, extruding, trade, raw materials, purchasing, technology and finance. The event is valued for the quality of the presentations, the excellent networking and the business opportunities that arise from important industry meetings.
Why China in 2016?
Excess production from new projects in China is adding to the inventory overhang in an industry already dealing with structural oversupply. Further complicating the situation, China's role as the main driver of global aluminium consumption and economic growth is changing, and its demand growth is set to slow further in the second half of this decade.
Despite relatively good demand fundamentals, particularly in the transportation sector outside of China, average LME prices in 2016 and 2017 will need to reduce further in order to deliver the closures necessary to stop excessive inventory build.
CRU's World Aluminium Conference takes place in China at this crucial inflection point and will attract speakers from leading aluminium producers in China and the rest of the world to debate the issue of overcapacity and when the much needed capacity closures will occur:
- Understand the demand outlook for transportation, construction, packaging and wire and cable
- Gain insight into Chinese overcapacity and the prospects for capacity closures in China
- Discover how currency moves will affect Chinese exports in 2016
- Learn how oil, coal and aluminium will trend in 2016 and whether we will see inflation or deflation
- Ascertain how high current stock levels are and what impact they will have through 2016
- CRU's aluminium conference co-locates with the IAI general meeting enhancing networking opportunities with the industry's leading companies.
For further information:
www.crugroup.com