However, in October, there was a decrease in production among primary aluminium processing producers such as aluminium billet, while the proportion of aluminium ingot production increased, reducing the industry’s average molten aluminium share by 2.9 per cent to 70.33 per cent.
Aluminium ingot production rose 5 per cent year-on-year in October, but the total output from January to October decreased 10.5 per cent, totalling 10.21 million tonnes.
SMM survey indicated that China’s aluminium production capacity remained steady in October 2023, with a slight increase in Sichuan. In Qinghai, 10,000 tonnes of aluminium capacity was under routine maintenance, and the new capacity of Inner Mongolia Baiyinhua came into operation only in late October. Thus, currently, China’s aluminium installed capacity is around 45.19 million tonnes, and the operating capacity is about 42.99 million tonnes.
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