Research and Markets Adds Report on China Aluminium Rolling Industry
Post Date: 30 Dec 2013 Viewed: 376
In 2011-2012, the investment in China aluminum rolling industry experienced the fastest growth. The investment concentrated in high precision aluminum sheets and strips, tank aluminum sheet, electronic foils, packaging foils and so forth. With the gradual realization of the above-mentioned investment projects, the proportion of high value-added products in the industry will rise significantly in the next few years.
In 2012, China's capacity of aluminum sheets and strips exceeded 10 million tons for the first time, and the annual output reached 7.8 million tons, with the capacity utilization rate of about 74.5%. The aluminum foil capacity hit 3.22 million tons/a, and the annual output amounted to 2.51 million tons, with the capacity utilization rate of roughly 78%.
The report mainly analyzes the output, consumption, import and export volume of aluminum sheets, strips and foils in China, as well as upstream and downstream sectors. In addition, it highlights financial performance, product mix, investment and planning of 17 major players in the industry.
CHINALCO is the world's largest comprehensive aluminum processing enterprise. As of the end of 2012, its capacity of aluminum sheets, strips and foils had hit more than 1.5 million tons, which were operated by its seven subsidiaries. In 2012, due to the decreasing aluminum price worldwide and the rising aluminum price in China, the company suffered huge losses. However, the aluminum price is expected strongly to decline, so the losses will shrink in 2013, but the loss rate will still be high.