Author: Paul Ploumis
29 Oct 2014 Last updated at 05:26:57 GMT
BEIJING (Scrap Monster): In Nanhai, the aluminum extruders mostly concentrate on the production of construction aluminum, so the in the market this segment is overflowing with supply, and Nanhai contributes 70 percent of the total supply in the country.
According to the data, which were published in the year 2014, the consumption of aluminum extrusion in China, by the transportation sector, covers almost, 160,000 tonnes. It is expected that the consumption rate of the aluminum extrusion in the transportation sector will increase to 220,000 by the year 2016, and then by the year 2020, the consumption of aluminum extrusion in the transportation sector would increase to 350,000.
Even as the forecasts of the analysts says so the oversupply in the construction aluminum extrusions are confusing and threatening the companies, in China. In the market, the decorative and industrial aluminum extrusions, are running short of supply and consequently, the demand is increasing, so the traders feel it to be a safe time to shift their business in term of demand.