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In 2018, the global primary aluminum market experienced a supply deficit of 859,000 tonnes.

In 2018, the global primary aluminum market experienced a supply deficit of 859,000 tonnes.

According to foreign reports on February 20, the World Bureau of Metal Statistics (WBMS) released a report on Wednesday showing that the global primary aluminum market posted a supply deficit of 859,000 tonnes for the full year 2018. In 2017, the market’s supply shortfall stood at 1.209 million tonnes. In 2018, China’s demand for primary aluminum totaled 6.0524 million tonnes, up 685,000 tonnes from the previous year. Meanwhile, China’s primary aluminum production increased by 1.036 million tonnes year over year.

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China Aluminum plans to transfer 190,000 tons of electrolytic aluminum production capacity quotas.

China Aluminum plans to transfer 190,000 tons of electrolytic aluminum production capacity quotas.

China Aluminum Corporation announced that its subsidiary, Shanxi Huasheng Aluminum Industry, plans to transfer all of its 190,000-ton electrolytic aluminum production capacity quota to Heqing Yixin Aluminum Industry, a subsidiary of Yun Aluminum Co., Ltd. To date, the parties have not yet entered into any specific agreement regarding the transfer.

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The U.S. aluminum tariff wall is beginning to crumble.

The U.S. aluminum tariff wall is beginning to crumble.

The United States has imposed additional tariffs on imported aluminum and steel products on national security grounds for nearly a year. If the aim of these so‑called Section 232 tariffs was to boost domestic production, the Trump administration could claim some success. Thanks to the resumption of idle capacity, U.S. primary aluminum output has begun to rise sharply—though this trend cannot be attributed solely to the 10% import tariff. However, if the objective also included addressing the growing share of imports—particularly those from Chinese aluminum producers—the maximum effectiveness of these tariff measures may already have been reached.

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Zhejiang Yilong Aluminum Co., Ltd.

Phone: +86-579-87680816
Mobile: +86-13905892867
Contact: Li Jian
Email: lijian@ylly.net.cn
Address: Yulan Road, Kaifa Avenue, Wuyi County Economic Development Zone, Jinhua City, Zhejiang Province

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