Industry News

China’s primary aluminum production hit record high in Nov

Views : 75
Update time : 2024-12-17 16:31:57
According to statistics released by the National Bureau of Statistics (NBS) of China, China's primary aluminum production in November grew by 3.6% year on year a record 3.7 million tons, driven by strong export demand. The production in the first 11 months of the year amounted to 40.2 million tons, a year-on-year increase of 4.6%.

Meanwhile, Shanghai Futures Exchange (SHFE) statistics showed that aluminum inventories totaled around 214,500 tons as of last Friday, a weekly drop of 4.4%, hitting a new low since May 10 this year. The inventory has slid for seven weeks in a row.
Related News
Read More >>
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Apr .29.2025
Vale Q1 Revenues & Earnings Miss Estimates on Lower Iron Ore Prices
Brazil's steel imports may break Mar record in Apr Brazil's steel imports may break Mar record in Apr
Apr .29.2025
Brazil's steel imports may break Mar record in Apr
Nickel prices surge as LME inventories decline & US-China trade tensions ease Nickel prices surge as LME inventories decline & US-China trade tensions ease
Apr .29.2025
Nickel prices surge as LME inventories decline & US-China trade tensions ease
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics
Apr .29.2025
Hydro & Wilson collaborate on wind-powered shipping for greener aluminum logistics