SHANGHAI, May 10 (SMM) -- China's total imports of scrap aluminum stayed high at 2.686 million mt in 2011, though falling 5.9% from a year earlier. As domestic scrap aluminum recycling increases, Chinese aluminum recycling businesses now use more domestically produced aluminum scrap. On the other side, the increase in secondary aluminum production in China led to stronger demand for the scrap. China’s scrap aluminum supply structure will change in the future and the use of aluminum scrap will become more widespread.
Under these circumstances, SMM has launched China Scrap Aluminum Industry Chain Analysis 2011 to help market players understand the current status and development prospect of scrap aluminum supply and demand, accurately grasp aluminum scrap price changes and obtain comprehensive understanding of the Chinese scrap aluminum market. Hot topics in this report include:
1. What are the current statuses of and forecasts for China scrap aluminum supply and demand?
2. How will Chinese scrap aluminum prices move in the coming year?
3. What are the purchasing statuses and costs for overseas scrap aluminum from Chinese main secondary aluminum manufactories?