In short, the challenges that have been plaguing the industry in recent years
just got worse.
High energy prices and other infrastructure woes eventually led to significant cuts in the country’s primary production capacity in 2014.
That brought dramatic changes in Brazil’s aluminium industry. Metal Bulletin takes a look at some of them:
1. For the first time in over two decades, Brazil's annual primary aluminium production is expected to fall below 1 million tonnes.
The country’s aluminium association, Abal, forecasts a 25% fall in output in 2014, to 978,000 tonnes. That reflects a series of capacity curtailments during the year.
Alcoa cut production this year
, as did BHP Billiton
and Votorantim Metais’ CBA, while Novelis announced it will stop altogether
its non-core primary aluminium production in the country.
The exception is Albras, which has maintained its production levels due to export commitments to Japan, according...