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Harsh domestic aluminum market is behind SCI International’s forecast cut, www.sohu.com said.
China’s automobile sector consumed 194,000 tonnes of aluminum in July, down 17.9% from June and 11.7% from a year ago, www.sohu.com quoted data from SCI International.
China’s automobile production and sales were 1.52 million units and 1.5 million units in July, down 17.99% and 16.64%, respectively, compared with June. www.sohu.com reported.
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