Chalco: “One Belt & One Road Initiative” to Offer Opportunities for Aluminum Industry -Shanghai Metals Market

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Chalco: “One Belt & One Road Initiative” to Offer Opportunities for Aluminum Industry 

Company News 02:21:41PM May 26, 2017 Source:SMM

SHANGHAI, May 26 (SMM) – The “One Belt & One Road Initiative” will offer new opportunities for aluminum industry, said Lu Dongliang, Deputy General Manager of Chalco. 

World per capita aluminum consumption was 7.6 kg in 2014, with 35 kg in developed countries. The figure was just 11.8 kg in Turkey, the country that boasts the biggest per capita aluminum consumption among countries covered by the “One Belt & One Road Initiative”, Lu pointed out.

Chalco Hikes Aluminum Prices Significantly across Major Markets on May 26

Aluminum consumption will pick up along with economic growth and speeding up of infrastructure construction in countries along the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which will help ease overcapacity in China aluminum market, Lu expects.     

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.
 

Key Words:  Chalco 

Chalco: “One Belt & One Road Initiative” to Offer Opportunities for Aluminum Industry 

Company News 02:21:41PM May 26, 2017 Source:SMM

SHANGHAI, May 26 (SMM) – The “One Belt & One Road Initiative” will offer new opportunities for aluminum industry, said Lu Dongliang, Deputy General Manager of Chalco. 

World per capita aluminum consumption was 7.6 kg in 2014, with 35 kg in developed countries. The figure was just 11.8 kg in Turkey, the country that boasts the biggest per capita aluminum consumption among countries covered by the “One Belt & One Road Initiative”, Lu pointed out.

Chalco Hikes Aluminum Prices Significantly across Major Markets on May 26

Aluminum consumption will pick up along with economic growth and speeding up of infrastructure construction in countries along the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which will help ease overcapacity in China aluminum market, Lu expects.     

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.
 

Key Words:  Chalco