Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Despite the curbs in Inner Mongolia, China reported a rise in its aluminium production in March from the prior-year period.

 

Primary aluminium production rose by 8.5pc to 3.28mn mt in March mentioned the data released by the National Bureau of Statistics.

 

In the last month, the curbs in Inner Mongolia rocked the market, as the local government announced that no new energy-intensive projects will be approved in Inner Mongolia. The local government also declared that it would be closing few industrial projects failing to meet energy consumption targets. 

The industrial output of 10 non-ferrous metals including copper, aluminium, lead, zinc and nickel rose by 12.7pc to 5.48mn mt in March from the prior-year period. 

Leave a Reply

Your email address will not be published.