China Records Increase in Aluminium Exports for November; Rusal Group Secures New Sales Contract

China’s Aluminium Export Trends

China, a significant global aluminum market player, reported an increase in aluminum exports in November, reaching 489,595 tonnes. This marks an upturn from the 440,258 tonnes exported in October. However, for the January-November period, China's total aluminum exports were down by 15.3 percent year-on-year, totaling 5.19 million tons.

Market and Strategic Implications

This rise in November exports suggests a potential rebound in demand or shifts in export strategy. The overall annual decrease highlights broader economic and trade impacts on the aluminum industry. China's pivotal role in global aluminum supply means these fluctuations could significantly influence worldwide market dynamics.

Rusal Group's New Aluminum Sales Contract

In parallel developments, Rusal, a leading aluminum producer, has entered into a new sales contract through one of its group companies with an associate of En+. This deal, part of Rusal's ongoing commercial activities, emphasizes the company's role in the global aluminum market and its strategy to expand its commercial reach.