NBS: China’s July primary aluminum output up 3% on year
Aug 14, 2020 15:00
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China’s production of primary aluminum rose 3.1% on year or 2.6% on month to reach 3.1 million tonnes during July, according to the latest statistics released by China’s National Bureau of Statistics (NBS) on August 14. Driving the rise in production has been mainly the handsome profits the smelters are earning, industry watchers suggest.
Over the first seven months of 2020, China’s total aluminum production amounted to 21.1 million tonnes, being up 2.5% on year and quickening from the 1.7% on-year rise seen over January-June, the NBS data also showed.
The results of Mymetal’s survey of domestic output last month showed a similar trend. Based