According to the latest data from the General Administration of Customs, in April 2024, China exported 520,000 tons of unwrought aluminum and aluminum products, an increase of 12.9% year-on-year. From January to April, the cumulative export volume was 2 million tons, up 8.8% year-on-year.
In April, China exported 130,000 tons of alumina, a year-on-year increase of 78.8%. The cumulative export volume from January t
On April 17th, President Biden proposed raising tariffs on Chinese steel and aluminum to 25%, citing "unfair competition," during his visit to the headquarters of the United Steelworkers Union.
Following suit, Mexico's President Lopez signed a decree on April 22nd imposing temporary import tariffs ranging from 5% to 50% on 544 items including steel, aluminum, textiles, clothing, shoes, wood, plastics
According to Baichuan statistics, in April 2024, China's alumina production reached 6.826 million tons, representing a year-on-year increase of 2.45%. The average daily production was 227,500 tons, which was an increase of 0.29 thousand tons compared to March 2024, where the daily production was 224,600 tons. China's primary aluminum production was 3.4935 million tons, showing a year-on-year increase of 5.39%
According to foreign reports on April 22nd, market participants have indicated that against the backdrop of ongoing production cuts at smelters, the global alumina market is expected to be supported by a decrease in production in the second quarter, while the latest sanctions imposed by the United States and the United Kingdom on Russian aluminum could disrupt potential trade flows.
Although the FOB price of Austr
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