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        1.Does RUSAL have any plan to expand business in China amidst economic globalization? In your opinions, what advantage does RUSAL has?全球一体化的背景下,俄铝是否有计划“走进中国”?您觉得俄铝具备的竞争优势是什么?The Asian market and China in particular has always been an impo...

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    China is close in becoming major source for aluminium scrap by 2025, CIAR projects

  • China Aluminium Network
  • Post Time: 2017/7/12
  • Click Amount: 136

    According to the latest report published by Shanghai Metals Market and forecasted by Li Shilong, General of CIAR, China is going to turn out to be the major source for global aluminium scrap by 2025.

    Li Shilong said that the secondary aluminium capacity in China has surpassed 10 million tonnes as of now. The country would enter the peak of aluminium consumption by 2020.

    China is close in becoming the main source for aluminium scrap as the aluminium products in various sectors including automobile and construction is reaching the end of their service life.

    According to a report published by China Nonferrous Metals Industry Association Recycling Metal Branch (CMRA), secondary aluminium production in China will reach around 9 million tonnes growing at CAGR 8 per cent through 2020.

    A new report showed that the global aluminium scrap recycling market is estimated to expand at a 7.59 per cent compound annual growth rate in the years to 2021.

    Source: AlCircle.com
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