China, the world’s leading aluminum producer, is a net exporter of the metal, but It was importing record volumes as its rapid recovery from the coronavirus outbreaks last year caused local prices to far exceed international values., which opened a so-called arbitration for the entry of cheaper metals from abroad.
Domestic production was constrained by controls on energy use by energy-intensive industries in several Chinese regions.
Chinese imports of bauxite, the main aluminum ore, were 7.7 million tonnes in November, customs said, down 19% from 9.54 million tonnes in October and down 6.6% year-on-year. .
Bauxite imports from January to November fell 5.2% year-on-year to 98.69 million tonnes.
Source From: Ambito
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