China Zhongwang Optimistic Over Automotive Aluminum Market

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.   

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