Chinese recycling Al industry hit by the 5 percent export tariff

摘要

Chinese recycling aluminum producers have reported a sharp decline in production and exports of secondary aluminum alloys since the 5 percent export tariff was imposed on primary aluminum and aluminum alloys on January 1. 2005. Shanghai SIGMA Nonferrous Metals Co., the largest producer of secondary aluminum alloys in China, used to be capable of producing around 10,000 tonnes of secondary aluminum alloys per month, but it only made 3,000 tonnes of the alloys each month this year.