SHANGHAI, Dec. 5 (SMM) --
According to the China Nonferrous Metals Industry Association (CNIA), China’s alumina output was 2.67 million mt during October, up 18.39% YoY. YTD output through October was 28.78 million mt, up 19.66% YoY. Alumina output fell due to weakening demand.
According to the CNIA, China’s aluminum output was 1.49 million mt during October, up 15.51% YoY, but down slightly MoM. Annualized capacity of October output was 17.55 million mt, down 1.68 million mt from September.
According to the CNIA, China’s output of aluminum semis was 2.08 million mt during October, up 14.62% YoY. Based on SMM survey results and spot market conditions, aluminum semis output has begun to decline, so SMM predicts the growth of output will continue to slow in November.