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Home / Metal News / China Aluminum Output to Keep Growing in March, SMM Predicts, with Operational Capacities Rising

China Aluminum Output to Keep Growing in March, SMM Predicts, with Operational Capacities Rising

iconMar 10, 2017 13:15
Source:SMM
There were 28 working days in February, and China’s aluminum output increased to 2.84 million tonnes, up 21.1 percent year-on-year.

SHANGHAI, Mar. 10 (SMM) – There were 28 working days in February, and China’s aluminum output increased to 2.84 million tonnes, up 21.1 percent year-on-year. Output totaled 5.88 million tonnes during the first two months of 2017, up 21.6 percent year-on-year. 

China’s aluminum operational capacities approached to 37 million tonnes, up nearly 7 million tonnes on a yearly basis. Supply was still on the rise, as new capacities came online. Meanwhile, low-cost aluminum capacities also sprung up in Xinjiang and Inner Mongolia due to high profits. By the end of February, China’s aluminum operational capacities were up by around 1 million tonnes on a monthly basis. 

SMM expects the operational capacities in China to grow further in March, and aluminum output to increase to 3.16 million tonnes in March, up 17.9 percent year-on-year.

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

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

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