In October alone, China produced 3.8 million tonnes of the light metal, up by a small 0.4 per cent from the same month last year, the NBS data showed. The figure was lower by 0.2 per cent from September, Mysteel Global's calculation based on the NBS statistics showed.
Explore- Most accurate data to drive business decisions with 50+ reports across the value chain
The NBS October figure closely matched preliminary data emerging from Mysteel's survey, which showed that the 89 Chinese smelters under its regular monitoring produced 3.8 million tonnes of primary aluminium last month, up 3.3 per cent on month.
Most primary aluminium smelters continued steady operations in October, supported by a further improvement in profitability across the domestic industry, which climbed to a more than 3.5-year high, market watchers observed.
Responses
