SHANGHAI, Jun. 14 (SMM) – Many aluminum processors in China told SMM recently that anti-dumping measures against China are beginning to take a toll on their overseas orders.
For example, Zhejiang Zhongjin Aluminum expects its export orders to tumble over 40% in July.
NBS: China Aluminum Output Grows in May
To counter falling exports, Luoyang Longding Aluminum is actively adjusting product portfolio and now focuses on domestic air-conditioner foil market.
Customs data showed China exported 460,000 tonnes of unwrought aluminum and aluminum semis in May.
Where Will SHFE Aluminum Head After Touching 6-Month Low? SMM Reports
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