SHANGHAI, Apr. 1 (SMM) –
China’s alumina output during January and February totaled 7.36 million mt, up 25.94% YoY, according to the China Nonferrous Metals Industry Association (CNIA). New alumina capacity came online rapidly in late 2013 as the commissioning of aluminum capacity in northwest China accelerated, resulting in a sharp growth in alumina production. The sharpest growth among alumina production regions came from Shandong, Shanxi, and Inner Mongolia provinces.
China’s aluminum semis output for the months January and February totaled 5.82 million mt, a gain of 17.59% YoY, according to the CNIA.
Operating rates during January at aluminum extrusion producers surveyed by SMM were down by 6% YoY, despite a 2% YoY growth in February. Operating rates during January at aluminum plate/sheet, strip and foil producers dropped by 2%, but rose 6% YoY during February. Operating rates at aluminum wire and cable producers were down in January and February by 6% YoY, and 14% YoY, respectively. As such, SMM believes the output data provided by the CNIA is suspect.