Home > News > China

China plans to release 900,000 tons of primary aluminum reserves to ease hiking prices

Friday, Jun 18, 2021
点击:

   It was reported that China planned to release 800,000 to 900,000 tons of primary aluminum from the national reserves in early July in order to ease the current continuously hiking aluminum prices.

  China, the largest producer and consumer of primary aluminum in the world, had an annual consumption accounting for around 56% of the world's total aluminum consumption each year.
  It was understood that the recent increase in aluminum prices was due to the production reduction at smelters in Yunnan and Inner Mongolia.

Recommended exhibitions

Notice of Postponement of ALUMINIUM CHINA & Lightweight Asia
Notice of Postponement of ALUMINIUM CHINA & Lightweight Asia 2020......
China Lightweight Vehicle Summit 2018
China’s automobile industry development has faced with enormous pressure on energy and environmental protection. In ord......
Aluminum company promises to hire 550 in heart of Appalachia
An aluminum company says it will build a $1.3 billion plant in the heart of Appalachia, promising to hire 550 people and......
Aluminium China 2017 to Drive Industry Transformation in Lig
This year’s Aluminium China in Shanghai from 19-21 July is set to mark a new period of growth in the aluminium industry......