Economic Indicators

China Jan-Feb aluminium output up 7.5% to 6.74 million tonnes

2023.03.14 23:30


© Reuters. FILE PHOTO: Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China on November 23, 2019. REUTERS/Stringer

BEIJING (Reuters) – China’s aluminium production rose 7.5% to 6.74 million tonnes in January-February from a year earlier, the highest output for the two months since at least 2015, data showed on Wednesday.

The primary aluminium output in China, the world’s largest aluminium producer, compared with 6.33 million tonnes in the first two months of 2022, data from National Bureau of Statistics (NBS) showed.

New production capacity came on line in January and February in northwest Gansu province, and smelters in the southwestern region including Guizhou, Guangxi and Sichuan ramped up their production.

The rise in output came despite southwestern Yunnan province asking its local aluminium producers to further reduce their power use in February because of a power supply crunch.

Production of 10 nonferrous metals – including , aluminium, lead, zinc and nickel – rose 9.8 % to 11.92 million tonnes in January and February combined, compared with a year earlier. The other non-ferrous metals are tin, antimony, mercury, magnesium and titanium.

The total nonferrous metal output was also the highest for a January and February period since at least 2015, the data showed.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 101,628.23 3.20%
ethereum
Ethereum (ETH) $ 3,144.00 5.11%
xrp
XRP (XRP) $ 2.97 4.71%
tether
Tether (USDT) $ 1.00 0.02%
solana
Solana (SOL) $ 235.61 7.74%
bnb
BNB (BNB) $ 667.55 2.54%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.327796 6.75%
cardano
Cardano (ADA) $ 0.92453 6.82%
staked-ether
Lido Staked Ether (STETH) $ 3,135.57 5.30%
tron
TRON (TRX) $ 0.244277 2.92%
chainlink
Chainlink (LINK) $ 23.89 5.92%
avalanche-2
Avalanche (AVAX) $ 33.96 9.32%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 101,485.19 3.37%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,714.19 5.63%
the-open-network
Toncoin (TON) $ 4.95 2.01%
stellar
Stellar (XLM) $ 0.400702 5.72%
hedera-hashgraph
Hedera (HBAR) $ 0.311949 7.21%
sui
Sui (SUI) $ 3.84 6.91%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 6.50%
weth
WETH (WETH) $ 3,145.21 5.08%
leo-token
LEO Token (LEO) $ 9.73 0.48%
polkadot
Polkadot (DOT) $ 5.88 7.61%
litecoin
Litecoin (LTC) $ 112.84 8.15%
bitget-token
Bitget Token (BGB) $ 6.91 6.40%
bitcoin-cash
Bitcoin Cash (BCH) $ 418.74 4.16%
hyperliquid
Hyperliquid (HYPE) $ 21.82 6.82%
usds
USDS (USDS) $ 0.998813 0.03%
uniswap
Uniswap (UNI) $ 10.96 8.49%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,325.77 5.08%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
near
NEAR Protocol (NEAR) $ 4.63 7.20%
official-trump
Official Trump (TRUMP) $ 27.34 6.12%
pepe
Pepe (PEPE) $ 0.000013 13.01%
aave
Aave (AAVE) $ 302.40 8.02%
mantra-dao
MANTRA (OM) $ 4.70 4.85%
aptos
Aptos (APT) $ 7.46 8.89%
internet-computer
Internet Computer (ICP) $ 8.81 3.37%
ondo-finance
Ondo (ONDO) $ 1.33 7.19%
whitebit
WhiteBIT Coin (WBT) $ 28.21 0.82%
monero
Monero (XMR) $ 212.97 3.36%
ethereum-classic
Ethereum Classic (ETC) $ 25.67 4.54%
mantle
Mantle (MNT) $ 1.13 4.38%
bittensor
Bittensor (TAO) $ 461.96 3.36%
crypto-com-chain
Cronos (CRO) $ 0.133219 4.43%
vechain
VeChain (VET) $ 0.044568 6.05%
dai
Dai (DAI) $ 1.00 0.03%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.414545 5.10%
render-token
Render (RENDER) $ 6.30 9.53%
kaspa
Kaspa (KAS) $ 0.124735 5.55%