Industry News

Australian aluminum industry facing difficulty amid shrinking demand & high electricity costs

Views : 512
Update time : 2020-09-16 20:10:36
According to Miles Prosser, the secretary general of the International Aluminium Institute (IAI), with a worldwide reduction in demand due to the COVID-19 epidemic, the Australian aluminum industry is facing difficulty since the local aluminum producers have to face high electricity costs at disadvantage compared to other countries.

Prosser thought that the Australian aluminum industry would have opportunities if the government could strengthen the plans of the energy market and control electricity prices rightly.
Related News
Read More >>
Stellar Steel invests $450 million in Nigeria to expand African operations Stellar Steel invests $450 million in Nigeria to expand African operations
Oct .29.2025
Stellar Steel invests $450 million in Nigeria to expand African operations
Abul Khair Steel launches world's fastest rebar mill in Bangladesh Abul Khair Steel launches world's fastest rebar mill in Bangladesh
Oct .29.2025
Abul Khair Steel launches world's fastest rebar mill in Bangladesh
Aluminium Association of India seeks 15% import duty to counter dumping Aluminium Association of India seeks 15% import duty to counter dumping
Oct .29.2025
Aluminium Association of India seeks 15% import duty to counter dumping
South Korea imposes 21.62% AD duty on China’s stainless steel plates South Korea imposes 21.62% AD duty on China’s stainless steel plates
Oct .29.2025
South Korea imposes 21.62% AD duty on China’s stainless steel plates