21 AUGUST 2015Shanghai Metal Market
China aluminium extrusion operating rate slump to continue in Aug
Edited by : AL CIRCLE
1 min read
Operating rates at Chinese aluminum extruders will extend July’s declines in August due to sluggish property and export market, Shanghai Metals Market foresees.
The average rate will be 54% for aluminum extruders, with 58% in industrial aluminum extrusion segment and 54% in construction aluminum extrusion segment, SMM’s aluminum research team said.
Operating rates averaged 56.01% in July at 30 Chinese aluminum extruders surveyed by SMM, down 3.34 percentage points year-on-year and 4.16 percentage points month-on-month.
Strong orders from railway sector allowed industrial aluminum extruders to run at 59.08% of their capacity.
Construction aluminum extruders, however, ran at just 55.65% of their capacity because of depressed real estate market and falling export orders from South America.
The average rate will be 54% for aluminum extruders, with 58% in industrial aluminum extrusion segment and 54% in construction aluminum extrusion segment, SMM’s aluminum research team said.
Operating rates averaged 56.01% in July at 30 Chinese aluminum extruders surveyed by SMM, down 3.34 percentage points year-on-year and 4.16 percentage points month-on-month.
Strong orders from railway sector allowed industrial aluminum extruders to run at 59.08% of their capacity.
Construction aluminum extruders, however, ran at just 55.65% of their capacity because of depressed real estate market and falling export orders from South America.
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