In a recent earnings call, Shenhuo shared insights on the evolving dynamics in the global aluminum market, particularly highlighting the impacts of the ban on Russian aluminum. The company noted that this ban is likely to expedite the shortage of foreign aluminum ingots, thereby maintaining high prices for alumina.
As a result of the closing window for primary aluminum imports due to these geopolitical tensions, China’s import of aluminum ingots from alternative countries is expected to decrease significantly. This shift is poised to influence domestic market conditions favorably. Higher prices for Lunar Aluminum are anticipated to boost China’s aluminum exports, benefiting the domestic aluminum industry at large. 
