Consumption indicators

摘要

Demand from the Construction sector continues to struggle although primary aluminium demand has been aided by the shortage of scrap. The transport markets remain in good shape on the back of the recovery in both the auto sector and the track and trailer markets. However, can stock shipments continue to disappoint. We expect primary demand to weaken through the rest of Q4. Primary aluminium demand in Western Europe remains firm and the prevalence of strong order books at mills and presses continues to extend lead times for aluminium products. Indeed, bookings for both rolled products and extrusions are still up firmly on a y-o-y basis and are at a similar level to last month.