铝：铝新疆去产能率先开展、后续关注山东地区去产能进度。《清理整顿电解铝行业违法违规项目专项行动工作方案》终于落地。地新疆地区率先展开，200万吨在建违规产能停止建设，新疆嘉润20万吨违规在产产能和新疆其亚2万在产违规产能停产。我们认为，山东地区去产能行动有望出台，短期政策红利支撑铝价易涨难跌。建议投资者增持st神火（000933）、云铝股份（000807）和中国铝业（601600）。

In this report, Technavio covers the present scenario and growth prospects of the copper busbars and profiles market in Europe, the Middle East, and Africa (EMEA) for 2017-2021. The report also presents the vendor landscape and corresponding detailed profiles of the top six vendors operating in the market. The base year of the report is 2016, and forecasts are made with respect to the base year. The numbers have been rounded off in some of the cases. We have considered the following downstream products in the parent market for copper.To arrive at the market size, we have considered the volume through the sales of copper busbars and profiles in key applications in EMEA. The report considers the volume through the sales from applications such as control panel and distribution board, transformers, switchgear, and others. Individual market size and forecasts based on applications and geography have been provided with detailed analysis for each segment. Forecasts are based on existing market conditions and the analyst's view on the market.

Metal casting is a manufacturing process in which metal (molten or liquid) is poured into a mold made of sand or ceramic plaster. The mold contains a hollow cavity of the desired shape to form geometrically complex parts. Metal casting finds application in planes, trains, mining, construction, electrical equipment, oil wells, pipes, toys, space shuttles, wind turbines, and nuclear plants.

The aluminum industry value chain consists of both upstream and downstream companies. Upstream companies’ operations include mining (extraction of bauxite) and refining (deriving alumina from bauxite). The commonly used process for extracting bauxite is Bayer process. The alumina obtained from bauxite is used as a raw material for making aluminum. Downstream operations include casting, smelting, and fabricating the refined alumina. The refined alumina is treated using an electrolytic process to obtain liquid aluminum, which is then processed into products of different shapes and sizes such as wire rods. Wire rods are used as feedstock for aluminum conductors and cables that find applications in T&D.

The global aluminum plates and sheet coils market is expected to grow at a CAGR of 3.52% during 2016-2020. This is attributable to the growing demand from building and construction, food and beverages, and automobiles and transportation segments. Aluminum plates and sheet coils can be used to build lighter yet stronger cars. The metal guarantees an optimum combination of weight, strength,efficiency, and performance with lower fuel consumption, easy recycling at the end of a vehicle's life, and less emission of toxic gases during processing.The food and beverages segment is the largest consumer in the market. The segment accounted for a share of 36.97% in the global market in 2015. Sheet coils are significantly used in packaging of food and beverages as they extend the shelf life of these products.The market in Asia-Pacific (APAC) is the fastest growing (CAGR: 4.3%) and the largest (44.34%) globally. China is the major producer and consumer of aluminum.The market is driven by an increase in construction activities. The construction market in APAC grew at a CAGR of 5.5% during 2010-2015. The expenditure on construction has peaked in the main emerging markets, and investments in infrastructure development in advanced economies such as Japan, South Korea, and Australia increased by over 2% on average, thereby driving the market growth.