Chalco Vice President: China 2010 Aluminum Output Around 17.5M Tons-Shanghai Metals Market

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Chalco Vice President: China 2010 Aluminum Output Around 17.5M Tons

Industry News 01:16:36PM Mar 23, 2010 Source:SMM

SINGAPORE, Mar. 23 -- China is likely to record a 500,000 metric-ton surplus of aluminum this year, Aluminum Corp. of China Ltd. Vice President Liu Xiangmin said Tuesday.

Liu forecast China's aluminum production in 2010 to total 17.5 million tons and consumption 17 million tons.

In the long term, global aluminum prices will be driven by production costs, Liu told reporters on the sidelines of the Asia Mining Congress 2010.

 

Chalco Vice President: China 2010 Aluminum Output Around 17.5M Tons

Industry News 01:16:36PM Mar 23, 2010 Source:SMM

SINGAPORE, Mar. 23 -- China is likely to record a 500,000 metric-ton surplus of aluminum this year, Aluminum Corp. of China Ltd. Vice President Liu Xiangmin said Tuesday.

Liu forecast China's aluminum production in 2010 to total 17.5 million tons and consumption 17 million tons.

In the long term, global aluminum prices will be driven by production costs, Liu told reporters on the sidelines of the Asia Mining Congress 2010.