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    beware of blind investment

  • China Aluminium Network
  • Post Time: 2007/3/23
  • Click Amount: 616

          Aluminum industry is an important foundation raw material industry for the development of national economy. According to the Nanjing Customs statistics, in Jan of this year, the price of aluminum and aluminum material unmade was 2.74 US dollars per kg, and increase of 33%, up by 5.8% then last Dec.   
       
    It has been learned that in order to limit the export of high energy consumption of aluminum products, China announced a new export drawback policy that canceled or reduced export tax rebate rate of some aluminum In a series of policies and regulations, the momentum of rapid development of the aluminum industry has been brought under effective control, and eliminated a number of high-energy, heavy pollution projects, canceled a number of low technological content and failing to meet the requirements project. But with the release of new international and domestic alumina production, alumina prices showed down trend and the benefit of aluminum and aluminum manufacturers could be further increased. the industry trend is more obvious, aluminum and aluminum production enterprises can expand their export profits to cover the losses caused by the tariffs in order to recovery the export of aluminum and aluminum materials.

    Experts reminded that it should be bewared of blind investment in aluminum industry rebounded again. Customs statistics experts have suggested the relevant departments should guide the enterprises to change economic growth mode. we must concentrate on high-technical and good

    economic returns, limit the raw material production that wastes resources and pollutes the environment, and optimize the industrial structure, establish the self-regulation system to avoid and avert the market risk.


     

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