18 AUGUST 2014AlCircle.com
China Aluminium at record production in July
Edited by : AL CIRCLE
1 min read
China reported record production of aluminium in July. Primary aluminium production went up 1.2 percent in comparison to June. This has hit a second consecutive record as smelters restarted idled capacity after the demand started improving and LME started going up. Aluminium production in China records 1.98 million tonnes in July, compared to the previous record of 1.95 million tonnes in June. The July production was up 7.2 percent from the same period in last year.
During the first seven months of 2014, aluminium output increased 7.5 percent to 13.5 million tonnes. Primary Aluminium production may rise further due to new capacity. Chinese research firm Antaike expects about 3 million tonnes of aluminium smelting capacity to come onstream in the second half of 2014, after about 1.6 million tonnes started up in the first half of this year. Strong price trends have encouraged output, industry sources said.
During the first seven months of 2014, aluminium output increased 7.5 percent to 13.5 million tonnes. Primary Aluminium production may rise further due to new capacity. Chinese research firm Antaike expects about 3 million tonnes of aluminium smelting capacity to come onstream in the second half of 2014, after about 1.6 million tonnes started up in the first half of this year. Strong price trends have encouraged output, industry sources said.
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