According to foreign news on May 12, the Chinese Nonferrous Metals Industry Association, the vice president of the documentary army, said in an interview that although the Chinese company's bauxite stocks are still declining this year, given the large amount of aluminum in Malaysia, the Philippines and West Africa. In the case of soil and mineral deposits, there will be no shortage of bauxite supply in China.
He also said that in the second half of this year, China's first bauxite imported from West Africa will be shipped to Chinese ports.
After the government cancels export tariffs, the export volume of China's aluminum-related products may increase, but given the recent decline in international aluminum premiums, China's aluminum exports are expected to increase more moderately.
He also said that the application of domestic aluminized iron sheets in the construction industry is increasing.
He also pointed out that the China Nonferrous Metals Industry Association will hold a meeting in Qingdao this October to discuss bauxite trade, aluminum consumption and related commodity financing.
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