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From primary to processed: Has Gulf tax gap sent China’s aluminium wire export soaring?
21 May 20263MINS
Downstream
Surging aluminium prices driven by the Middle East conflict, fuelled by a tax gap across the Strait of Hormuz, have prompted Chinese producers and traders to ramp up supply of aluminium in processed or semi-fabricated form rather than as ingots. Consequently, China’s aluminium stranded wire export ...
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