Norsk Hydro CEO on Aluminium Pricing, Tariffs, China

The video discusses the current state of the global aluminium market, highlighting a global deficit and reduced production expectations. It examines the impact of trade situations and tariffs, particularly in the US, on aluminium prices. The role of China is analyzed, noting its significant production and consumption levels, as well as increased exports due to price arbitrage. The video also covers growth in the US market, especially in downstream businesses and the automotive sector, where aluminium is increasingly substituting other materials.

What is the current situation in the global aluminium market?

• There is a global deficit affecting pricing.

• There is a surplus in the market.

• Demand expectations have increased.

• Production growth is at an all-time high.

How have US import duties affected aluminium prices?

• They have decreased prices.

• They have had no impact on prices.

• They have stabilized prices.

• They have increased prices.

What is the current trend in China's aluminium production growth?

• It is declining at 5%.

• It is growing rapidly.

• It is stable at 3%.

• It is between 0 and 1%.

What is the impact of China's increased aluminium exports?

• It has resulted in a 27% increase in exports.

• It has balanced the global market.

• It has reduced China's market share.

• It has decreased global prices.

What is the growth rate in the US truck and trailer market?

• 7.8%

• 5.2%

• 6.9%

• 3.5%