Industry Analysis & Industry Trends
The United Kingdom is only a small aluminium producer, typically accounting for less than 1.0% of global output. About 30% of UK aluminium output is newly manufactured, with the remainder recycled from scrap.
The Aluminium Production industry is expected to generate revenue of about £1.73 billion in 2012-13, compared with £2.90 billion in 2007-08 (a compound rate of decline amounting to 9.8% per year). Industry revenue is expected to fall by about 12.6% in 2012-13, due mainly to the closure of a primary aluminium smelter and the consequent removal of 175,000 tonnes of capacity. The price outlook for the year is also subdued. The price of aluminium is expressed in US dollars and is expected to ease in 2012-13... purchase to read more
Industry Report - Industry Investment Chapter
Although this industry relies heavily on capital equipment for production, the share of depreciation in revenue is low. Smelting plants and recycling facilities were established many years ago and all or most of the capital cost has already been written off. In addition, inflation has effectively cut depreciation charges (which are calculated as a proportion of nominal capital cost) relative to other costs such as wages... purchase to read more