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China: China's aluminum export surges on strong global demand
China - November 04, 2024 China's aluminum export surges on strong global demand (Voice_over) China has been continuing its role this year as the global leader in the production of primary aluminum products, with manufacturers reporting an increase in demand from foreign clients. According to market research platform Shanghai Metals Market, China's national aluminum output is expected to hit 11 million tons in the fourth quarter this year, a three percent increase from the same period last year. In east China's Jiangsu Province, the chairman of a company that makes 200 tons of aluminum foil products per day says more than half of their output is headed overseas. (Sound_bite) Du Jixing, Chairman, aluminum foil manufacturer: "Our total overseas sales volume from January to September has increased by over 20 percent compared to last year. Overseas sales account for more than 60 percent of our total sales. Demands from all of our export destinations have shown positive growth compared to last year." (Voice_over) Recent data from China's General Administration of Customs shows the country exported 4.3 million tons of unwrought aluminum and aluminum products from January to August this year, a 15 percent increase year on year. That increase in exports is evident at a company that makes aluminum formwork from east China's Jiangxi Province. The manager says they're now filling orders for clients in Southeast Asia, the Middle East and North America. (Sound_bite) Wu Xiaoming, Deputy general manager, aluminum formwork manufacturer: "We are currently shipping an average of 10 to 12 truckloads per day. In September, our factory shipped 123,000 square meters of aluminum foil. By next January, we still have 180,000 square meters to deliver. We will be operating at full capacity in the second half of this year." (Voice_over) Shanghai Metals Market predicts China will end the year with total aluminum production reaching more than 43 million tons, a nearly four percent increase from last year. [Restriction: No access Chinese mainland]
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