According to SMM, China’s imports of primary metal in November were 150,700 tonnes, which brought the cumulative imports to about 1.975 million tonnes, up 44.5 per cent Y-o-Y.
Net imports were approximately 132,000 tonnes, as the country exported 18,800 tonnes in the same month. China’s net imports of primary aluminium in November stood 17 per cent down M-o-M but 23.5 per cent up Y-o-Y. From January to November, the net import volume totalled 1.866 million tonnes, recording a 51.5 per cent increase Y-o-Y.
On the other hand, China’s exports of primary aluminium from January to November decreased by 20 per cent Y-o-Y to 108,000 tonnes.
