Press Metal sees resilient aluminium demand despite global challenges


Press Metal group chief executive officer Tan Sri Paul Koon Poh Keong

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd expects aluminium demand to stay resilient, driven by renewable energy and new growth areas like artificial intelligence (AI) and data centres, while supply constraints continue to support prices despite global headwinds.

“Global aluminium supply constraints have supported metal prices, aided by fragile supply stability amid geopolitical risks. Furthermore, lower raw material prices are positive for our smelting operations,” group chief executive officer Tan Sri Paul Koon said in a statement.

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