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Home Steel News EGA: Global demand for aluminum rods to increase
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Asia & Pacific China Middle East & Central Asia Europe Africa North America South & Central America Global

EGA: Global demand for aluminum rods to increase

29 Dec 2017 15:25 reported by Eva

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It is reported that the Emirates Global Aluminium (EGA) wanted to become one of the top five aluminum producers in the world over the next five years. Alex Lin said that the global power-related infrastructure will promote the growth of global demand for aluminum rods. He mentioned that due to the continuous growth of electricity demand, many Southeast Asian countries including China and India, African countries and Middle East countries will vigorously develop the power infrastructure.

Mr. Lin said in an interview, "These countries have great demand for adequate, stable and sustainable power supply, so their power sector has bright prospects." In the next few years, he said, these countries will invest billions of dollars in electricity-related infrastructure. These investments will be implemented in the form of cooperation with companies both at home and abroad and in the form of joint ventures.

Mr. Lin said that the power and energy projects of China, India and many Southeast Asian countries will bring great demand for aluminum rods for the world Aluminum Inc, which will bring unprecedented opportunities for the development of the company.

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