Since the beginning of this year, the non-ferrous metals industry has promoted supply-side structural reforms, strengthened industry self-discipline, and created a good market environment. The non-ferrous metals industry has generally shown a trend of stable production and continued improvement in benefits, and has basically achieved a dynamic balance of supply and demand. At the recent '2017 China International Aluminum Week' event, Chen Quanxun, president of the China Nonferrous Metals Industry Association, said that in recent years, the non-ferrous metal industry has generally shown a stable operation of production, fluctuations in prices, and continued improvement in benefits. Among them, there are not only the industry's own efforts, but also the help of policies. Wenjun Jun, vice chairman of the China Nonferrous Metals Industry Association, said that on the one hand, the production of non-ferrous metals industry has shown a stable trend. The output growth rate of ten non-ferrous metal smelting products has been narrowing month by month, and the deep processing products close to consumption such as copper and
aluminum have remained stable. Steady growth; on the other hand, the effect of cleaning up and rectifying illegal electrolytic aluminum projects has further emerged. Data shows that from January to October, the national output of ten non-ferrous metals was 45.22 million tons, an increase of 3.4% year-on-year, and the growth rate increased by 2.2 percentage points year-on-year. Among them, copper output was 7.37 million tons, an increase of 6.3%, a decrease of 2.1 percentage points; the output of electrolytic aluminum was 27.23 million tons, an increase of 3.7%, and a decrease of 1.1% in the same period last year; lead output was 4.18 million tons, an increase of 4.7%, a decrease of 1.4 percentage points; Zinc output was 5.05 million tons, down 2.1%, and it was an increase of 0.4% in the same period last year. Since 2017, thanks to the structural reforms on the supply side, the price of electrolytic aluminum has continued to rise, from 13,000 yuan per ton at the beginning of the year to the 15,000 yuan mark. Benefiting from the sharp rise in metal prices, nearly 90% of the 118 listed non-ferrous metal companies have achieved profitability. Chen Quanxun introduced that in the past five years, the industry has eliminated 2.4 million tons of outdated production capacity and encouraged and guided 5.66 million tons of low-competitive production capacity to exit the market. This year, my country has launched a special action to clean up and rectify illegal projects in the electrolytic aluminum industry with unprecedented intensity, and used environmental remediation actions to force companies to shut down production capacity in stages, effectively improving market supply. It is worth noting that although the aluminum industry won its first battle to reduce overcapacity this year and basically achieved a dynamic balance of supply and demand, structural contradictions such as rising costs, insufficient innovation, and financing difficulties have not been fundamentally resolved. The foundation for continued improvement in the industry needs to be further consolidated. Affected by limited production during the heating season and environmental supervision, bauxite mines in Shanxi, Henan and other places have ceased production, and the supply of bauxite is tight, leading to a rapid increase in costs. In October 2017, the average complete cost of the electrolytic aluminum industry was 15,500 yuan/ton, an increase of 30% year-on-year, and it has now exceeded 16,000 yuan/ton. The report of the 19th National Congress of the Communist Party of China pointed out that my country's economy has shifted from a stage of rapid growth to a stage of high-quality development. Aluminum is a 'lightweight, green and renewable' metal, but the industry still has problems with insufficient and unbalanced development. It is imminent to promote the development of the non-ferrous metal industry to higher quality. Chen Xuesen, deputy director of the Strategic Development Department of Aluminum Corporation of China, analyzed that the first is the insufficient development of downstream aluminum intensive processing and the insufficient supply of high-end; the second is the imbalance of domestic aluminum smelting capacity and bauxite resource guarantee capacity, and the capacity withdrawal in some high-energy-consuming areas is not smooth. The third is that the gradual improvement of environmental protection standards puts forward higher requirements for energy saving and emission reduction in the electrolytic aluminum industry. Wenjun Jun said that the government’s determination and enforcement of electrolytic aluminum production capacity has been unprecedented. “It is expected that the supply-side structural reforms of the electrolytic aluminum industry in 2018 will include strict control of new production capacity, clean up and rectification of illegal and illegal production capacity, increase in environmental standards, and heating season limits. Production and other policies will not be relaxed at all, and inventory is expected to have an inflection point.” Analysts believe that the aluminum industry is expected to achieve a dynamic balance of supply and demand in 2018. In the future, undeclared non-compliant production capacity will be shut down, and the supply of the aluminum industry will fall short of demand. It is expected that aluminum prices will continue to rise. ————The article comes from the Internet. If there is any infringement, please contact to delete it.
In today's world, have risen to an unexpected level of aluminum extrusion rail. It has gained a lot of popularity and has come up with different kinds of variations in its content.
We want to continue to organize Zeyi to make it more efficient and profitable so that both, our clients and our employees can get more out of their time.
Digging into our roots and acknowledging out heritage can be fruitful on both a high-quality and professional level of custom aluminium extrusion.
