After a long cycle of overcapacity, the supply side reform gradually cleared out the backward capacity of electrolytic aluminum in 2017, and the ceiling of the compliance capacity of electrolytic aluminum was determined to be around 44 million tons, while the current operating capacity has been nearly 40 million tons, and the long-term supply growth is limited.In a carbon-neutral context, aluminum, as an important material for lightweight alternatives, has a promising future in the new energy sector, not to mention the fiscal stimulus awaiting the start of the US and the Democratic administration's preference for new energy.From the large cycle point of view, the aluminum market supply and demand match has begun to reverse.For the year, the Federal Reserve stressed that the loose monetary policy will not change in the short term, the Biden administration's $1.9 trillion fiscal stimulus is imminent, the U.S. real estate industry remains prosperous, manufacturing replenishment is still i
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