China Automotive Aluminum Consumption Way Below Forecast 

Published: Jul 6, 2017 16:58
China’s consumption of automotive aluminum in April was much lower than Sublime China Information (SCI)’s forecast.

SHANGHAI, Jul. 6 (SMM) – China’s consumption of automotive aluminum in April was much lower than Sublime China Information (SCI)’s forecast. 

Henan to Eliminate Long-Idled Aluminum Capacity by 2018

SCI data showed aluminum consumption in China’s automobile industry was 273,000 tonnes in April, down 17.9% from March and down 1.4% from a year ago. Consumption amounted to 1.18 million tonnes from January through April, up 6% from a year ago. 

SMM Data: China Aluminum Output Grows in June

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 for 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
SMM AICE Visits VAFIE: Understanding the Logic Behind Chinese Aluminum Companies’ Expansion into Vietnam
1 hour ago
SMM AICE Visits VAFIE: Understanding the Logic Behind Chinese Aluminum Companies’ Expansion into Vietnam
Read More
SMM AICE Visits VAFIE: Understanding the Logic Behind Chinese Aluminum Companies’ Expansion into Vietnam
SMM AICE Visits VAFIE: Understanding the Logic Behind Chinese Aluminum Companies’ Expansion into Vietnam
1 hour ago
Domestic and overseas aluminum diverge and consolidate to repair, Middle East tensions ease disrupting aluminum price risk premium [SMM Aluminum Morning Meeting Minutes]
2 hours ago
Domestic and overseas aluminum diverge and consolidate to repair, Middle East tensions ease disrupting aluminum price risk premium [SMM Aluminum Morning Meeting Minutes]
Read More
Domestic and overseas aluminum diverge and consolidate to repair, Middle East tensions ease disrupting aluminum price risk premium [SMM Aluminum Morning Meeting Minutes]
Domestic and overseas aluminum diverge and consolidate to repair, Middle East tensions ease disrupting aluminum price risk premium [SMM Aluminum Morning Meeting Minutes]
[Aluminum Divergence Consolidation Recovery Inside and Outside China; Middle East Tensions Ease, Disturbing Aluminum Price Risk Premium] Overall, recent improvement on the macro front, interest rate hike expectations remaining on hold and easing the marginal constraints on the nonferrous metals sector, along with the continued rise in the proportion of liquid aluminum in China, have supported aluminum prices. However, the continued rollout of long-term aluminum capacity outside China, weak traditional end-use demand in China during the traditional off-season, and disturbances from Middle East geopolitical uncertainties are expected to result in aluminum prices consolidating on a strong note.
2 hours ago
US Seeks Public Comments on Expanding Metal Tariffs to Include 14 More Products
2 hours ago
US Seeks Public Comments on Expanding Metal Tariffs to Include 14 More Products
Read More
US Seeks Public Comments on Expanding Metal Tariffs to Include 14 More Products
US Seeks Public Comments on Expanding Metal Tariffs to Include 14 More Products
The US Department of Commerce published a notice in the Federal Register soliciting public comments on including 14 additional derivative products within the scope of the Section 232 tariffs on steel, aluminum and copper. The products proposed for inclusion include aluminum powder, welder parts and tank semi-trailers. Previously, although the US had adjusted the scope of the metal tariffs, it still maintained a 50% tariff rate.
2 hours ago
China Automotive Aluminum Consumption Way Below Forecast  - Shanghai Metals Market (SMM)