Hydro Estimates 08’ Aluminium Demand to Rise 22% in China

Norwegian mining producer Norsk Hydro ASA announced Tuesday that primary aluminum demand in China is estimated to grow 22%, down from 38% of the previous year. The slow is due to weak increase of exported semi-finished aluminium products. The company also predicts that price of March aluminium in LME will rise. COPYRIGHT All rights reserved. The copying, republication or redistribution of WAM News Content, including by framing or similar means, is expressly prohibited without the prior written consent of WAM.