Jim Lennon
Jim Lennon
buying confidence demand funds growth signals supply
There's nothing out there that signals an end to this rally. Supply disruptions and demand growth give funds confidence to keep buying metals.
accelerate annual demand good government growth industry investment steel
Government investment is good for the industry and annual growth in steel demand may accelerate to 10 percent.
added although annual capacity full million open production quickly ramp tons
Although there has been or will be more than 6 million tons of new annual alumina capacity added over the 2005 and 2006 period, how quickly these new entrants can ramp up to full production is open to question.
add appetite capacity chinese continues data despite domestic expected imported million production tons
The data suggests that China's appetite for imported alumina continues unabated despite domestic alumina capacity increases, which are now expected to add around 2.2 million tons to Chinese alumina production this year.