Could China’s Extreme Increase in Aluminum Imports Spark an Imbalance in the Sector?

Earlier this year, China exported much less aluminum than it imported, which is rare because China is the world’s largest producer of aluminum. In 2018 and 2019, China, a huge exporter of semis, exported about 5.2 million tons of semi-manufactured products.

The last time China was a net importer was in 2009. The aluminum import surge is expected to be short-lived, just like in 2009. However, it might be possible that we are witnessing structural…

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