11:02 - 25.11.2025

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November 25, Fineko/abc.az. Global aluminum production will increase moderately until the end of 2025 due to stable alumina supply and high demand.

ABC.AZ informs that this is the forecast made by BigMint analysts.

In October, global primary aluminum output increased by 3.6% to 6.29 million tons, after falling by 3% in September, the company cites data from the International Aluminum Institute (IAI). The indicator grew by 0.58% year-on-year.

China, the largest producer, increased output in October by 3.3% compared to September, to 3.77 million tons, Europe (including Russia) - by 3.8%, to 610,000 tons.

BigMint notes that the improvement in the alumina supply situation in October led to the resumption of production at some enterprises and cost reductions. And higher prices and stable demand from the transportation, construction, packaging, and renewable energy sectors have additionally contributed to an increase in metal output in all key regions, analysts say.

In October, aluminum prices approached their highest levels in three and a half years amid disruptions to shipments to the U.S., production cuts in China, and lower inventories at the London Metal Exchange (LME). In November, prices broke the mark of $2,900 per ton, above which they have not risen since May 2022. Since then, the quotes have adjusted somewhat. On November 21, a three-month aluminum contract at the LME was worth $2,780 per ton.