China aluminum extrusion operating rate to fall further to 58% in May

The average operating rate at Chinese aluminum extruders is expected to fall another 7 percentage points from a year ago to 58% in May, Shanghai Metals Market foresees.

Despite interest rate cuts by the PBOC, it is still difficult for aluminum extruders to secure loans from banks, SMM has learned. This will undermine production at extrusions.

The average operating rate at 30 aluminum extruders in SMM’s survey sample was 56.7% in April, up 6.02 percentage points from March, but down 9.83 percentage points year-on-year.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.