China Aluminum Manufacture Should Weed Out Old Equipments

(China Aluminum Network) With the increasing consumption level and decelerated growth of output, Rusal expected aluminum consumption will increase further, about 7%, building trade and transportation will be the main consumption industries.

From 2010 to 2020, global aluminum demand will doubled, but should control cost. The development of primary aluminum industry just the same as auto industry, weed out backward enterprises every 5 year to reduce cost and emission and improve industry effective rate.

Recently, a report from GIA showed aluminum price was kept decreasing during the past 18 months, while China aluminum production was unlikely to cut down. In fact, China was in the process of expanding aluminum production scale in the remote Western area. Some industry experts hold that production in China will add more 10,000 thousand tons within 3-4 years. This figure was higher than the total annual output of Western Europe and North America.

The report also showed world aluminum demand will hit to 71,200 thousand tons in 2018. At present. The following factors which were stimulated the market demand of aluminum: growth metal demand from developing countries, low per capita aluminum cunsumption in emerging markets, the wider application fields of aluminum products, more usage aspects in auto industry, recovery demand of end market and so on. Furthermore, aluminum can be used in packaging, construction and aerial port as well.

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