Industry News

China’s 2023 primary aluminium production establishes a new high recording an 11% annual rise

Views : 32
Update time : 2024-01-25 19:34:03
According to the Shanghai Metals Market (SMM) survey, China produced 3.562 million tonnes of primary aluminium in December (31 calendar days) 2023. That was an annual increase of 3.6 per cent, leading to a cumulative output of 41.513 million tonnes in the entire year. 

The daily average domestic aluminium production recorded a drop of more than 3,800 tonnes month-on-month to stand at around 114,900 tonnes in December. Although domestic operating capacity increased slightly over a month, the electrolytic cells in Yunnan that were shut down previously no longer produced aluminium liquid. 

The annual domestic output of 2023 experienced a rise of 3.6 per cent, found SMM. 

In December 2023, the domestic aluminium liquid alloying ratio remained high, except for some smelters in Inner Mongolia, Qinghai, and other regions that saw an increase in the proportion of ingots. According to SMM, the proportion of aluminium liquid alloying in the aluminium industry increased 0.7 points M-o-M to around 74.1 per cent in December. 

The total amount of aluminium ingot produced in 2023 was nearly 12.06 million tonnes, up by 11.3 per cent year-on-year. 

Related News
Read More >>
EMR’s low-carbon aluminium project secures £3.4M funding from APC EMR’s low-carbon aluminium project secures £3.4M funding from APC
Nov .19.2024
EMR’s low-carbon aluminium project secures £3.4M funding from APC
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Nov .19.2024
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
Nov .19.2024
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
China’s tax policy reforms propel mining gains; USD strength could pose risks China’s tax policy reforms propel mining gains; USD strength could pose risks
Nov .19.2024
China’s tax policy reforms propel mining gains; USD strength could pose risks