Today' Focus

        Constellium N.V.  announced that it has extended its long-term contract with aircraft manufacturer Pilatus to support its new executive jets aircraft program. With this agreement Constellium will supply an increased volume of aerospace plate to ...

Domestic News

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

  • China Aluminium Network
  • Post Time: 2017/7/12
  • Click Amount: 168

    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
      Copyright and Exemption Declaration :①All articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ②Articles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ③If any articles copied by our website concern the copyright and other problems, please contact us within one week.