European Enterprise Association has jointly called on the EU not to ban Rusal

The European Enterprise Association has jointly called on the EU not to ban Rusal. According to foreign news, five European industry associations said they had urged European authorities to block sanctions, tariffs or boycotts of Russian aluminum, which they said could lead to the bankruptcy of thousands of companies. Russia's Rusal produces about 6% of the world's aluminum.

It is expected that the global aluminum production value will reach 498.5 billion US dollars by 2030

The global aluminum market is expected to grow to $498.5 billion by 2030. The compound annual growth rate between 2022~2030 is 5.8%. In terms of volume, recycled aluminum accounted for 29% of the overall aluminum market in 2021 due to its advantages such as lower production costs and lower energy consumption.

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