According to the official statistics, Chinese primary aluminum output hit a new high in December and the drop of alumina costs increased margins.
Despite the China-US trade war and environmental issues in China, China produced more than 3 million tons of aluminum in a month. The output of aluminum in China totaled around 3.1 million tons in December, which increased by 8.2% compared to the previous month and up by 11.3% year on year.
China produced almost 98,400 tons of aluminum per day last December and 94,000 tons in November last year. The annual aluminum steel output was around 36 million tons in 2018, which rose by 7.4% compared to 2017.
The production restrictions in winter on aluminum were not as strict as it was expected. It was expected that aluminum production will hike by 5% in 2019.
Chinese aluminum output hits new high in Dec 2018
22 Jan 2019 13:24 reported by Ivy Wei
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