China has some primary aluminum capacity to be resumed in H2 2022
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Update time : 2022-07-20 19:10:42
It was estimated that there will be 1.35 million tons of primary aluminum production capacity to be resumed in China in the second half of the year, mainly in Guangxi, accounting for 58.4% of the total production capacity to be resumed.
Besides, approximately 1.09 million tons of production capacity are waiting to be put into operation in the same period, mainly in Yunnan, Inner Mongolia, and Guangxi, occupying 93.6% of the total production capacity to be put into production.
In the second half of this year, there is still 2.44 million tons of new production capacity, accounting for 6% of the current domestic operating capacity.
China’s domestic primary aluminum output is on rapid growth currently, which is likely to restrain aluminum prices.
