Daily Management Review

China pushes aluminum production to the highest since 2015


In comparison to the same time last year, China's aluminum production increased 7.5 percent in the first two months of this year, according to data released by the National Bureau of Statistics on Wednesday. The easing of quarantine restrictions boosted demand projections and helped the economy.

According to the data, China's primary aluminum output increased to 6.74 million tons in January and February from 6.3 million tons during the same time last year. The world's biggest producer of the metal is China.

China produced more metal overall in January and February of this year than it had since at least 2015.

The easing of China's quarantine regulations in the latter part of last year, along with policies to support the economy and the building industry, support higher local aluminum demand. The metal is used in manufacturing of packaging materials, transportation and building industries.

source: reuters.com