Huicheng: seize the opportunity to develop imported aluminum alloy business

Published: Sep 8, 2020 13:23
Source: Huicheng international trading co., Ltd.

SMM News: the New solid waste Law was formally promulgated on September 1, 2020, and China strives to basically achieve zero import of solid waste by the end of 2020. As early as April 2019, the solid waste Department of the Ministry of Environment announced that a new industry standard for converting solid waste into resources would be introduced in 2020.

Huicheng International Trading Co., Ltd. is keenly aware that after the implementation of this policy, the amount of imported waste aluminum will decrease. From October 2019, the team quickly investigated the overseas aluminum alloy market and selected high-quality suppliers from production equipment, production capacity, quality certification system, transportation and other links. With the assistance of SMM, we have actively carried out domestic trade and steadily imported aluminum alloy ingots to domestic small and medium-sized aluminum alloy factories and traders every month from November 2019, among which many well-known brand enterprises have stable quality. service recognition has been praised and renewed by buyers.

Huicheng International Trading Co., Ltd. will continue to develop its overseas resource advantages and rich international trade experience to serve the Chinese market.

"Click to understand and sign up: 2020 China Automotive New Materials Application Summit Forum

Scan the QR code above to view the business cards of the participating companies and sign up online

Scan the code and apply to join the SMM Automotive Industry Exchange Group.

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 to learn 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
India Auctions Record 200 Mineral Blocks, Boosting Aluminum Supply Chains
6 mins ago
India Auctions Record 200 Mineral Blocks, Boosting Aluminum Supply Chains
Read More
India Auctions Record 200 Mineral Blocks, Boosting Aluminum Supply Chains
India Auctions Record 200 Mineral Blocks, Boosting Aluminum Supply Chains
[SMM Aluminum Express News] India auctioned a record 200 mineral blocks in FY 2025–26, including 30 bauxite blocks, a key focus for aluminum and industrial supply chains. This marks the highest annual auction volume ever, with bauxite ranking third after limestone (76) and iron ore (40). The auctions strengthen domestic raw material security and value addition under transparent processes.
6 mins ago
Indonesia's President Pushes for Bauxite Processing to Boost Jobs and Auto Industry
2 hours ago
Indonesia's President Pushes for Bauxite Processing to Boost Jobs and Auto Industry
Read More
Indonesia's President Pushes for Bauxite Processing to Boost Jobs and Auto Industry
Indonesia's President Pushes for Bauxite Processing to Boost Jobs and Auto Industry
[SMM Aluminum Express News] President Prabowo Subianto emphasized that downstream processing (hilirisasi) will create high-quality job opportunities, especially for young people in industry and technology sectors. He highlighted Indonesia's huge potential in the natural resource-based automotive industry, using the example of bauxite: "We have bauxite. Bauxite is processed into alumina, then into aluminum. Aluminum becomes cars. But we don't process our bauxite. Japan doesn't have bauxite, yet they make the best cars. Right? This is what we have to do." The statement underscores the government's push to move up the value chain—from raw bauxite to finished products like aluminum components for vehicles—creating jobs, increasing added value, and reducing reliance on raw exports.
2 hours ago
Macro Geopolitical Risks Have Yet to Subside, Aluminum Prices Maintained a Fluctuating Pattern [SMM Aluminum Morning Meeting Summary]
2 hours ago
Macro Geopolitical Risks Have Yet to Subside, Aluminum Prices Maintained a Fluctuating Pattern [SMM Aluminum Morning Meeting Summary]
Read More
Macro Geopolitical Risks Have Yet to Subside, Aluminum Prices Maintained a Fluctuating Pattern [SMM Aluminum Morning Meeting Summary]
Macro Geopolitical Risks Have Yet to Subside, Aluminum Prices Maintained a Fluctuating Pattern [SMM Aluminum Morning Meeting Summary]
[Macro-Geopolitical Risks Have Yet to Subside, and Aluminum Prices Maintain a Fluctuating Trend] Continued destocking in LME inventory has provided bottom support for LME aluminum, but with tightening liquidity and profit-taking by bulls, upside momentum remained insufficient, and the backwardation structure has weakened somewhat. China’s social inventory rose to a high for the same period in nearly five years, and the inventory buildup cycle has yet to end; high inventory and weak spot fundamentals jointly suppressed upward momentum. Divergence between domestic and overseas drivers continued, the SHFE/LME price ratio kept weakening, and prices were mainly under pressure in the short term.
2 hours ago