Liquid Aluminium Supply Grows as Aluminium Price Falls

摘要

Since October 2015, AME has recorded 2.8Mtpa, or 7%, of China’s aluminium smelting capacity supplying liquid metal in China.An increase in the liquid metal supply, as opposed to the standard aluminium ingot supply, indicates how Chinese smelters areadapting to the current market. With the world’s largest aluminium producer, China Hongqiao Group, having reached 100% liquidmetal supply, AME estimates that more smelters will concentrate on liquid metal supply rather than sell ingots on the spot marketto enjoy a US$115/t premium together with downstream facilities.