Chinese recycled aluminum alloy producers’ operating rate rises in Apr
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Update time : 2020-05-27 20:30:24
It was reported that the operating rate of Chinese recycled aluminum alloy producers was 46.75% in April, up by 10.31% compared to the previous month, while dropping by 8.22% from the same month last year.
Among them, the operating rate of recycled aluminum alloy producers in Jiangsu was about 52.29%, a month-on-month increase of 7.72%; that in Zhejiang was about 41.13%, a month-on-month increase of 7.92%; that in Guangdong was about 60.55%, a month-on-month hike of 8.8%; that in Chongqing was around 38.15%, a month-on-month rise of 12.7%.
Due to the gradual resumption of works from downstream companies in April, the market demand for recycled aluminum alloys increased and the production also increased accordingly, which were the main reasons for the growth in the operating rate of recycled aluminum alloy producers in April.
