CNIA: China Secondary Aluminum Industry Braces for Positive Factors -Shanghai Metals Market

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CNIA: China Secondary Aluminum Industry Braces for Positive Factors 

Industry News 10:39:38AM Jun 27, 2017 Source:SMM

SHANGHAI, Jun. 27 (SMM) – China’s secondary aluminum industry is benefitting from supply side reform, economic restructuring and improved demand, the China Non-Ferrous Metals Industry Association (CNIA) noted.

Secondary aluminum output reached 6.3 million tonnes in 2016 and will hit 3.35 million tonnes in H1 2017, the CNIA predicted. Many SMEs shut down amid environmental protection checks. 

SMM Breaking News: Let’s Calm Down and Turn Back to Aluminum Industry Chain Itself 

Profit improved at secondary aluminum producers thanks to rising secondary aluminum alloy prices and falling aluminum scrap prices in H1 2017. Many large producers ran at full capacity. 

SMM Sees Aluminum Prices Trapped in Recent Range

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:  secondary aluminum 

Price

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Aluminum Ingot
Oct.18
14000.0
40.0
(0.29%)
Aluminum Ingot - Fo Shan
Oct.18
13960.0
30.0
(0.22%)
Aluminum Ingot - Wu Xi
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14000.0
20.0
(0.14%)
Aluminum Ingot - Hang Zhou
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14040.0
55.0
(0.39%)
Aluminum Ingot - Chong Qing
Oct.18
13980.0
60.0
(0.43%)

CNIA: China Secondary Aluminum Industry Braces for Positive Factors 

Industry News 10:39:38AM Jun 27, 2017 Source:SMM

SHANGHAI, Jun. 27 (SMM) – China’s secondary aluminum industry is benefitting from supply side reform, economic restructuring and improved demand, the China Non-Ferrous Metals Industry Association (CNIA) noted.

Secondary aluminum output reached 6.3 million tonnes in 2016 and will hit 3.35 million tonnes in H1 2017, the CNIA predicted. Many SMEs shut down amid environmental protection checks. 

SMM Breaking News: Let’s Calm Down and Turn Back to Aluminum Industry Chain Itself 

Profit improved at secondary aluminum producers thanks to rising secondary aluminum alloy prices and falling aluminum scrap prices in H1 2017. Many large producers ran at full capacity. 

SMM Sees Aluminum Prices Trapped in Recent Range

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:  secondary aluminum