INTERVIEW: China aluminium growth may fluctuate but won’t contract, Rusal exec says

Growth in China, the world’s largest consumer of aluminium, may fluctuate over the coming months but is not expected to contract, according to the head of sales and marketing at UC Rusal.

Roman Andryushin said he shares concerns that there may be pauses in Chinese growth, especially in the second half of the year, as the country works to rebalance its economy and prevent overinflation.
At the same time, he is unfazed that a more contractionary credit cycle will derail Chinese growth.
“Mentally people expect some kind of relief on the demand side – like any market, it shouldn’t be all bullish. We do expect some relief or contractions, and some local spikes, but from a strategic perspective, I believe China will continue to develop and dominate the Asian region,” he told Fastmarkets in an interview.

“As China proved in the downturns of 2008-2009, and then in 2020,...

Published

Andrea Hotter

February 09, 2021

15:57 GMT

New York