SCI International Cuts China Automotive Aluminum Consumption Forecast to 210,000-220,000 Tonnes in 2015-Shanghai Metals Market

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SCI International Cuts China Automotive Aluminum Consumption Forecast to 210,000-220,000 Tonnes in 2015

Industry News 10:57:52AM Sep 08, 2015 Source:SMM

SHANGHAI, Sept. 8 (SMM) –SCI International cut its forecast for China’s automotive aluminum consumption in 2015 to 210,000-220,000 tonnes from 250,000 tonnes predicted early this year, www.sohu.com reported.

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. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


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SCI International Cuts China Automotive Aluminum Consumption Forecast to 210,000-220,000 Tonnes in 2015

Industry News 10:57:52AM Sep 08, 2015 Source:SMM

SHANGHAI, Sept. 8 (SMM) –SCI International cut its forecast for China’s automotive aluminum consumption in 2015 to 210,000-220,000 tonnes from 250,000 tonnes predicted early this year, www.sohu.com reported.

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. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.