[Al Semis] China Aluminum Semis Exports Hit 6-Month High in June as Disguised Exports Soar

Published: Jul 28, 2015 09:14
China’s aluminum semis exports surged 46.43% year-on-year to 410,000 tonnes in June, customs data showed.

SHANGHAI, Jul. 28 (SMM) – China’s aluminum semis exports surged 46.43% year-on-year to 410,000 tonnes in June, customs data showed. 

Disguised exports of aluminum – shaped as aluminum semis and re-melted at destination to become a substitute for primary metal – were behind the significant growth, SMM’s aluminum research team said. 

Extrusion exports hit 163,000 tonnes in June, soaring 133.87% year-on-year and 68.04% month-on-month, customs data showed. Nearly 100,000 tonnes of aluminum extrusion was exported to Vietnam and Malaysia, which might be transhipment points for so-called “disguised Chinese aluminum semis” that will ultimately land elsewhere. 

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[Al Semis] China Aluminum Semis Exports Hit 6-Month High in June as Disguised Exports Soar - Shanghai Metals Market (SMM)