September 07, 2008

China may become net primary aluminum importer

According to China Securities Journal, China is expected to become a net primary aluminum importer in the fourth quarter of 2008.

According to the report, global primary aluminum production will reduce by around 7 million tonnes to 8 million tonnes due to snowstorms in China.

Chinese primary aluminum consumption is projected to rise by 20% to 12.44 million tonnes this year.