Even though its aluminium production is in overcapacity, China plans to add 2,000,000 tons to the 800,000-ton inventory accumulated in strategic reserves, which will impact the price of metal in the Chinese market. There has been strong domestic pressure to export this material—considered to be strategic until recently—whose energy input is highly subsidized. The abolition of the tax on semi-finished aluminium exports in May 2015 already resulted in some primary aluminium masked as semi-finished product being sold on the world market.
The Chinese aluminium smelting capacity is amongst the best performing in the world in terms of energy efficiency, the amount of energy to produce one ton of aluminium. This advanced technology has been developed by China and put to use in its gigantic new plants being commissioned on an ongoing basis.
energy sources for
number of smelters
Data 2015 / March 2017
The downward population trend will take more than three decades to reverse.
Over 55% of the aluminum produced in the world comes from China.