SHANGHAI, Jul. 7 (SMM) – China looks set to become the main source for global aluminum scrap by 2025, Li Shilong, General of CIAR predicted.
SMM Data: China Aluminum Output Grows in June
Secondary aluminum capacity in China has exceeded 10 million tonnes so far, Li pointed out. China will enter the peak of aluminum consumption by 2020.
China Automotive Aluminum Consumption Way Below Forecast
With aluminum products in automobile, home appliance and construction sectors reaching the end of their service life, China will become the main source for global aluminum scrap by 2025.
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