Chinese aluminium production hits a fresh all-time high in June
Klaus Kleinfeld, chief executive of Alcoa, read from the same script during the company's analysts' conference call last week. He didn't leave much doubt as to where those expected production cuts will come. At current prices “we believe that roughly 6 million tonne of aluminum capacity in China is below the water-line. We expect that very soon, most likely in the third quarter, we will see 1 million to 1.5 million tonne coming offline.”
The only problem is, has anyone told the Chinese? Chinese production hit a fresh all-time high in June, according to figures from the China Nonferrous Metals Industry Association carried on the website of the International Aluminium Institute. Annualised production last month was 17.33 million tonne, 630,000 tonne higher than May and comfortably exceeding the previous all-time high of 16.99 million tonne recorded in February.
China's output of the light metal has been highly volatile over recent months. However, the underlying trend has been clear. China's cumulative production growth in the first half of this year was 49%, a figure that is only partly inflated by last year's relative low base. Little wonder that increasing amounts of metal are seeping out of the country. China flipped back to being a net exporter of primary metal last month to the tune of 6,000 tonne despite a punitive 15% export duty.
Related Tags: aluminum pipe, 3003 aluminum pipe, 2024 aluminum pipe
Persona a contactar : de tai, +15 0 22 12 77 19
Buen trato: comprar del vendedor
Por favor, lea nuestras condiciones de uso. También puede visitar nuestras preguntas frecuentes y ver nuestra información sobre los riesgos relacionados con la falsificación.
|
Esta página es acerca de los importadores y exportadores de Chinese aluminium production hits a fresh all-time high in June Buscar en la categoria : Construcción Buscar en la categoria : production, hits, aluminium, chinese, time, fresh, high |
20400 Cosmética / bellezaReportar abuso
Friday 05 August 2022
Cantidad : Min.Order - Precio : 1,00 €
Aceite de jojoba El aceite de jojoba es un tratamiento esencial para las pieles grasas y con tendencia al acné y suprime la producción excesiva de sebo. Protector, suave y calmante, también ayuda a las pieles secas e irritadas. Este aceite regenera y cuida intensamente la piel sin...
BioProGreen
- bioprogreen
- 40100 - Marrakech - Tensift - Al Haouz
- +212524355671
- +212522023136
- +212661635894
20871 Materias primerasReportar abuso
Sunday 15 April 2018
Te explicaré más por ti 1) la ubicación de la mina: provincia de Majunga, región de Betsiboka (Maivatanana), distrito de Tsaratanana, comuna de Andriamena, 2,5 km de la ciudad de Chromite malgache (del gobierno), privada. 2) reserva real: 16 carreaux, 2KM² / carreaux, 256 carreaux...
- 20871 - VIMERCATE
- +393451574054
12140 InformáticaReportar abuso
Thursday 12 February 2026
Cantidad : 1 - Precio : 4 675,00 €
The Samba G5L printhead technology delivers the speed, versatility and reliability required for a wide range of demanding graphics and specialty applications. The Samba printhead leverages the accuracy and precision of Silicon MEMS (Si-MEMS) processing with the reliability and life...
The Printer Deals
- 12140 - Jakarta Selatan
- 628111362775
