Industry News

China’s aluminium production exceeds 10 million tonnes in Q1 2024, with an annual output rise of 4% in March

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Update time : 2024-04-11 17:29:33
According to the Shanghai Metals Market survey, China's aluminium production in March 2024 (31 calendar days) amounted to 3.555 million tonnes, bringing the country's total aluminium output in the year's first quarter to 10.45 million tonnes. 

On a month-on-month basis, China's aluminium production in March 2024 registered an increase of 6.66 per cent from 3.333 million tonnes. On an annual basis, the output edged a growth of 4.25 per cent from 3.41 million tonnes. 

Despite the M-o-M increase in China's aluminium production in March, the domestic daily output stood flat at 114,900 tonnes, suggesting the fact that China's aluminium smelters' daily operating rate recorded no growth in March.

The share of aluminium liquid output rose by 9.6 per cent month-on-month and 1.4 per cent year-on-year to stand at 73.88 per cent. According to SMM aluminium liquid ratio data, the domestic aluminium ingot volume in March was down by 1.24 per cent year-on-year to 928,400 tonnes. 

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