Chief executive Zhang Bo said China’s high demand for the lightweight industrial metal and improving “self-discipline” in production and capacity expansion has already resulted in a much healthier state than some analysts’ believe.
The nation accounted for 53 per cent of the global demand of 30 million tonnes in the first half of the year.
Asked if he agrees with an analyst’s view that aluminium prices may fall 11 per cent in the next four years amid oversupply, Zhang said on Monday: “Our view, and also the view of our industry’s association is that, given the industry’s overall plant utilisation exceeds 80 per cent, and over 80 per cent of the smelters are profitable, nobody [should] have the idea that the industry is in major overcapacity.”
波士顿中国留学生因骚扰民主活动人士被判入狱
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4月24日,来自中国的前伯克利音乐学院学生吴啸雷被美国法院判处九个月监禁。法院要求吴啸雷6月7日前往指定的监禁 […]...
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