Saturday, June 28, 2014

Chinese primary aluminum imports climbed 10.23% in May

Chinese primary aluminum imports climbed 10.23% in May
The data released by the General Administration of Customs indicates that the imports of primary aluminum grew significantly during the month of May this year. On the other hand, the imports of waste aluminum by the country dropped during the month.
The country’s imports of primary aluminum totaled 24,049 tons during the month of May ’14. The monthly output rose 10.23% upon comparison with the output during the same month a year ago. The Chinese welded steel pipe imports had totaled 21,817 tons in May 2013.
As per Customs data, the country’s average import price of primary aluminum averaged at $ 2,026.78 per ton during the month of May.
The cumulative primary aluminum import by the country during the initial five months of the year totaled 212,484 tons, 162.11% higher when compared with the output during the corresponding five months during the previous year. The January-May primary aluminum imports had totaled 81,067 tons during 2013.
China imported 169,583 tons of waste aluminum during the month of May this year, falling by nearly 15% year-on-year. The cumulative imports of waste aluminum during the first five months of the year totaled 929,516 tons, marginally lower by 1.85% when compared with the imports during the corresponding five months in 2013.

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