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China’s Aluminum Semis Exports Fall to 270,000 Tonnes in May

iconJul 1, 2014 17:06
China’s aluminum semis exports fell 6.90% to 270,000 tonnes in May from a year ago due to falling exports of plate/sheet, strip and flake, Shanghai Metals Market learned.

SHANGHAI, Jul. 1 (SMM) - China’s aluminum semis exports fell 6.90% to 270,000 tonnes in May from a year ago due to falling exports of plate/sheet, strip and flake, Shanghai Metals Market learned.

The exports in May, virtually unchanged on a monthly basis, registered a 17.15% year-on-year drop of exports in aluminum plate/sheet, strip and flake, the major reason behind the total decline, SMM understood. 

China Customs showed China’s exports of aluminum plate/sheet, strip and flake fell to 129,400 tonnes in May due mainly to waning demand and no price advantages. World’s demand has shifted to high-end aluminum plate/sheet and strip, reducing demand for low-end products.  
 
Outbound shipments of extrusion, foil and pipe/tube remained on an upward track in May, though. 
 
China aluminum semis trade
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