Industry News

China’s aluminum consumption in automobile industry drops while for medical usages surge in H1 2020

Views : 222
Update time : 2020-09-03 22:36:37
Due to the impact of the COVID-19 epidemic, the consumption of aluminum used in China’s automobile industry dropped by nearly 17% in the first half of this year compared to the same period a year ago. However, the demand for medical aluminum materials had a year-on-year surge.

Besides, the need for aluminum used in package and electronics also rose due to a change in lifestyles such as home isolation, remote education, and remote work.

According to some companies, they are seeking to develop markets in the Belt and Road countries, Southeast Asia, and other regions as the trading condition became severer, and they also speeded up the set-up in the domestic market distribution networks.
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar