NBS: China’s Sept Al output up 7.1% on year
Oct 19, 2018 16:30
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China’s primary aluminum output in September grew 7.1% on year to 2.79 million tonnes, and the overall high output since 2018 saw the country’s primary aluminum output up 4.2% on year to 25 million tonnes over January-September, according to the latest data released by the National Bureau of Statistics on October 19.
The September output, nevertheless, declined for the second month, down 1.8% on month, as the country’s aluminum smelters have been suffering from the squeeze amid the declining aluminum price on the one hand and the increasing cost in alumina on the other, Mysteel notes.
China’s national average price for aluminum ingot