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Global Aluminum Market to Be Essentially Balanced in 2015

Experts agree that global aluminum market will be essentially balanced in 2015 during the metals market outlook meeting held by Chalco on December 16, cnmn.com reported today. 
It is widely expected during the meeting that overseas aluminum market will outperform Chinese market and that the medium-to-long term aluminum consumption prospects will be brightened by the transportation sector, it added. 
China will diversify sources of bauxite supply and continue to see tightness in its alumina supply. The country’s aluminum surplus will ease over time, it reported.  

Leading industry institutions, such as Commodity Research Unit (CRU), Beijing Antaike Information Development Co. and China International Capital Corporation Limited (CICC) were present at the meeting.

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