Chinese Secondary Aluminum Producers Suffer from Sluggish Automobile Market, SMM Reports

Published: Sep 28, 2017 13:39
Unlike in years past, most secondary aluminum producers reported no big increase in orders from die-castings producers, despite nearing of 2017 Chinese National Day holiday (Oct. 1-7).

SHANGHAI, Sept. 28 (SMM) – Unlike in years past, most secondary aluminum producers reported no big increase in orders from die-castings producers, despite nearing of 2017 Chinese National Day holiday (Oct. 1-7).

This is because poor automobile market hurt demand for die-castings, SMM explained. 

Some die-castings producers will close during the week-long holiday.  

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Chinese Secondary Aluminum Producers Suffer from Sluggish Automobile Market, SMM Reports - Shanghai Metals Market (SMM)