China Reports Decline in November Aluminum Production

China Reports Decline in November Aluminum Production

Monthly Production Decrease

In November, China’s primary aluminum production witnessed a 2.2% decrease, amounting to 3.54 million metric tons, compared to the previous month. This data, released by the National Bureau of Statistics, indicates a notable short-term dip in production levels.

Yearly Production Analysis

Despite the monthly decline, the cumulative production for the first eleven months of the year tells a different story. China produced a total of 38 million tons of aluminum during this period, marking a 3.9% increase from the same period last year.

Broader Nonferrous Metals Sector Growth

The production of a broader range of 10 nonferrous metals, including copper, aluminum, lead, zinc, and nickel, showed a year-on-year increase of 7.1% in November, reaching 6.5 million tons. The cumulative output for these metals in the first 11 months of the year also rose by 7.2%, totaling 67.96 million tons.

Diverse Non-Ferrous Metal Production

The production statistics also cover other non-ferrous metals such as tin, antimony, mercury, magnesium, and titanium. These metals, while not as predominantly featured as aluminum, contribute to the overall growth in the nonferrous metals sector. icon

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