China Zhongwang Optimistic Over Automotive Aluminum Market

Published: Nov 26, 2015 11:24
China Zhongwang Holdings, China’s top industrial aluminum extruder, paints a rosy picture of automotive aluminum market, National Business Daily reported.

SHANGHAI, Nov. 26 (SMM) – China Zhongwang Holdings, China’s top industrial aluminum extruder, paints a rosy picture of automotive aluminum market, National Business Daily reported. 

The company is building the world’s single largest aluminum rolling project in terms of designed annual capacity, the media added. The project, located in Tianjin, specializes in production of aluminum alloy medium-thick plate used in aircrafts, ships, commercial and special vehicles and chemical containers, etc. 

The first phase of the project has an annual designed capacity of 1.8 million tonnes and consists of two production lines. The first line is in debugging process and scheduled to enter operations before the end of this year, National Business Daily 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.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Aluminum Producers' Operating Rates Rebound to 61.9%; High Prices Challenge "Golden March" Peak Season [SMM Survey]
6 hours ago
Aluminum Producers' Operating Rates Rebound to 61.9%; High Prices Challenge "Golden March" Peak Season [SMM Survey]
Read More
Aluminum Producers' Operating Rates Rebound to 61.9%; High Prices Challenge "Golden March" Peak Season [SMM Survey]
Aluminum Producers' Operating Rates Rebound to 61.9%; High Prices Challenge "Golden March" Peak Season [SMM Survey]
[SMM Weekly Survey of the Aluminum Downstream Sector: Downstream Aluminum Operating Rate Continued to Rebound to 61.9%, with High Prices Suppressing the Peak "Golden March" Season] This week, the weekly operating rate of leading downstream aluminum processing enterprises in China rose 2.4 percentage points MoM to 61.9%, overall extending the post-holiday recovery trend, with all segments rebounding MoM, and the industry as a whole entering a normal production pace.
6 hours ago
ADC12 Prices Rose Again This Week[[Weekly Review of Aluminum Scrap and Secondary Aluminum]]
10 hours ago
ADC12 Prices Rose Again This Week[[Weekly Review of Aluminum Scrap and Secondary Aluminum]]
Read More
ADC12 Prices Rose Again This Week[[Weekly Review of Aluminum Scrap and Secondary Aluminum]]
ADC12 Prices Rose Again This Week[[Weekly Review of Aluminum Scrap and Secondary Aluminum]]
[[Weekly Review of Aluminum Scrap and Secondary Aluminum]]Aluminum Prices Strengthened This Week, Rising Costs Drove Up ADC12 Prices
10 hours ago
SHFE Cast Aluminum Alloy Warrants Down 540 mt to 55,360 mt on March 12
11 hours ago
SHFE Cast Aluminum Alloy Warrants Down 540 mt to 55,360 mt on March 12
Read More
SHFE Cast Aluminum Alloy Warrants Down 540 mt to 55,360 mt on March 12
SHFE Cast Aluminum Alloy Warrants Down 540 mt to 55,360 mt on March 12
[SMM Flash News] SHFE data showed that as of March 12, the total registered volume of cast aluminum alloy warrants was 55,360 mt, down 540 mt from the previous trading day. By region, the total registered volume was Shanghai (4,930 mt, down 150 mt), Guangdong (19,242 mt, unchanged), Jiangsu (6,756 mt, down 149 mt), Zhejiang (18,540 mt, down 182 mt), Chongqing (4,144 mt, down 90 mt), and Sichuan (1,748 mt, down 59 mt).
11 hours ago