SMM’s preliminary estimation suggests a 3.6% growth in China’s 2023 aluminium output

It is to be noted here that China's domestic operating aluminium capacity at the end of 2023 was about 42 million tonnes, up by 3.88 per cent from 40.43 million tonnes in 2022.

Production cuts in Yunnan province due to the dry season from November to May showed impacts in November by reducing monthly aluminium output but spared the last month of 2023. Addition of new capacities in some of the major producing regions could have offset the production in December 2023.

However, the volatile market condition, with the recent raw material supply crisis due to the fuel depot blast in Guinea, demands closer attention to the situation.