Literature Army: huge potential of China's aluminum profile Market

     West Aluminum - West Aluminum Industry Telecom: For China's aluminum industry, 2012 is a year of challenges. The European debt crisis hinders the global economic development, Indonesia's bauxite export policy increases the risk of domestic bauxite supply, and the electrolytic aluminum industry is facing a reshuffle, all of which are testing the healthy development of China's aluminum industry. What's the current situation of China's aluminum industry and where will it go in the future? Wen Wenjun, vice president of China Nonferrous Metals Association, gave us an answer at the China International Aluminum Industry Exhibition.

    "Before 2014, the impact of Indonesia's bauxite export restriction policy on China's aluminum industry was mainly reflected in the price."

    China's bauxite resources are 60% dependent on foreign countries, and 47% of its imports come from Indonesia. As soon as the news about the change of Indonesia's bauxite export policy is released, it has aroused the industry's concern about the risk of domestic bauxite supply. In view of the market's concern, President Wen said that before 2014, Indonesia restricted the export of bauxite, and the impact on China's aluminum industry is mainly manifested in the price. Before 2014, China can look for other channels to import resources, so we don't have to worry too much about resources. On the other hand, due to the early release of Indonesia's bauxite export ban policy, domestic enterprises have made preparations in advance and made a series of policies to stabilize the market and reduce the impact to Z low.

    "If China's transportation aluminum can reach the level of Western aluminum, it will drive consumption of 10 million tons."

    In view of the embarrassing situation that the current high electricity price drives up the cost, and the purchasing power of the downstream market is not enough to drive the aluminum price, President Wen said that although aluminum smelting enterprises have made losses, the aluminum processing enterprises have still realized the increase of profits. The development space of China's aluminum profile market is very broad, especially the transportation aluminum. If it can reach the level of Western aluminum, it will drive the consumption of 10 million tons Fees. In addition to traffic aluminum, the market potential of aluminum for building doors and windows and construction engineering is also considerable.

"In recent years, China's aluminum industry has made considerable development and progress."

After the interview, President Wen affirmed the progress of equipment and product level of China's aluminum processing enterprises, and hoped that the enterprises could continuously develop and innovate, promote industrial upgrading, expand downstream markets, deepen international cooperation, and promote the development of China's aluminum processing industry towards high-end, innovative and green direction.

(Chongqing Xialu Xinda Aluminum Industry Co., Ltd. Publicity Department collates contributions)

Source: Network

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