Industry News

China’s aluminium production exceeds 10 million tonnes in Q1 2024, with an annual output rise of 4% in March

Views : 57
Update time : 2024-04-11 17:29:33
According to the Shanghai Metals Market survey, China's aluminium production in March 2024 (31 calendar days) amounted to 3.555 million tonnes, bringing the country's total aluminium output in the year's first quarter to 10.45 million tonnes. 

On a month-on-month basis, China's aluminium production in March 2024 registered an increase of 6.66 per cent from 3.333 million tonnes. On an annual basis, the output edged a growth of 4.25 per cent from 3.41 million tonnes. 

Despite the M-o-M increase in China's aluminium production in March, the domestic daily output stood flat at 114,900 tonnes, suggesting the fact that China's aluminium smelters' daily operating rate recorded no growth in March.

The share of aluminium liquid output rose by 9.6 per cent month-on-month and 1.4 per cent year-on-year to stand at 73.88 per cent. According to SMM aluminium liquid ratio data, the domestic aluminium ingot volume in March was down by 1.24 per cent year-on-year to 928,400 tonnes. 

Related News
Read More >>
Rio Tinto and BHP Group to jointly conduct battery-electric haul truck trials at the Pilbara for sustainable mining operations Rio Tinto and BHP Group to jointly conduct battery-electric haul truck trials at the Pilbara for sustainable mining operations
May .28.2024
Rio Tinto and BHP Group to jointly conduct battery-electric haul truck trials at the Pilbara for sustainable mining operations
China’s average alumina spot price jumps by RMB33/t over the weekend to stand above a 2-year high China’s average alumina spot price jumps by RMB33/t over the weekend to stand above a 2-year high
May .28.2024
China’s average alumina spot price jumps by RMB33/t over the weekend to stand above a 2-year high
LME aluminium benchmark price expands to US$2599/t; SHFE price gains US$14/t LME aluminium benchmark price expands to US$2599/t; SHFE price gains US$14/t
May .28.2024
LME aluminium benchmark price expands to US$2599/t; SHFE price gains US$14/t
Fostering economic ties: RUSAL participated at the 8th China-Russia Expo Fostering economic ties: RUSAL participated at the 8th China-Russia Expo
May .28.2024
Fostering economic ties: RUSAL participated at the 8th China-Russia Expo