In the global financial crisis today, aluminum processing companies have stepped up their cooperation to jointly deal with trade frictions, and it is particularly important to firmly oppose trade protection. At the 2009 China International Aluminium Processing Forum hosted by Beijing Antaike Information Development Co., Ltd. on June 29th, Wen Jun, vice president of the China Nonferrous Metals Industry Association, stressed: “If we only pursue growth share unilaterally, we will only lose two in the end. We face each other and respond positively to the financial crisis. The global aluminum industry can get out of its predicament."
Despite the difficult economic situation in 2008, China’s aluminum output continues to remain the world’s largest, accounting for more than one-third of the world’s total output. According to Li Defeng, Director of the Aluminum Association’s branch of the Nonferrous Metals Association, since the implementation of the 4 trillion yuan domestic demand policy and the ten major industry revitalization plans started in November last year, China’s monthly output of aluminum has gradually recovered, and its output reached 137.47 million in May this year. Tons, a new high for monthly production.
The growth of aluminum production is mainly influenced by domestic factors, such as the improvement of the automotive, home appliances, and real estate industries, which have played a major role in driving aluminum demand. From January to May of 2009, the domestic automobile production and sales volume hit a record high. Calculated with 100 kg of aluminum processing products per vehicle, the consumption of aluminum processing products reached 1.1 million tons. Coupled with the production of parts and components, it is expected that the consumption of aluminum processing products in the automotive industry in 2009 will exceed the previous year. The same is true of the real estate industry. From January to May, the country’s housing sales area reached 24,644.44 million square meters, a year-on-year increase of 25.5%, and sales amounted to 1,138.892 billion yuan, a year-on-year increase of 3%. Although the national real estate climate index indicates that the real estate market is still at a low point in the industry, the county-level and rural construction markets are more active and have become a new force in stabilizing the construction materials consumer market.
For the aluminum market in 2009, Antai Branch senior expert Wang Weidong expressed optimism: It is expected that domestic aluminum extrusion output will reach 8.1 million tons in 2009, an increase of 7.3% year-on-year. Despite the apparent slowdown in domestic economic growth, the recovery of export processing of aluminum profiles and exports of aluminum alloy profiles has played a significant role in boosting exports. It is expected that domestic aluminum strip production will reach 4.3 million tons in 2009, an increase of 8.9% year-on-year. The domestic aluminum foil output will reach 1.55 million tons, a year-on-year increase of 10.7%. He said that the current aluminum industry must have confidence and reason, and should not blindly invest. What the Chinese market lacks now is not capital, but technology. In the direction of development, we should focus on the promotion of new products.
Mr. Stefan Glimm, executive director of the European Aluminum Foil Association, said at the meeting that since 2007, Chinese aluminum processing materials have been subjected to various types of anti-dumping investigations. "This is indeed a bad news for China. Increasing the protection of trade measures may be the best solution," he said. He also said that sales in North America, Europe, etc., are currently in aerospace manufacturing, automobiles, can-making, and construction. The trend has been declining. Only China’s sales have been growing at a rate of 4%. Therefore, there is a huge potential for market development in China.
In the forum, industry insiders also talked about the issue of excess capacity in the aluminum industry in China. Wang Tao, from the Investment Promotion Department of Chongqing Xi Peng Aluminum Industrial Zone Management Committee, has a unique insight: “The 'surplus' is mainly targeted at the eastern region, and the west is still in short supply. The aluminum gap will reach 600,000 to 700,000 tons.†He said that this financial crisis may accelerate the industrial transfer of the aluminum industry. Fan Shunke, dean of the Institute of Non-ferrous Metals Technical Economics, stressed in his summary: “Although the economy has shown signs of recovery, the aluminum market has started to pick up. However, with the adjustment of China's import and export policies, China’s import and export trade will emerge. Large changes will directly lead to an increase in trade frictions and various trade barriers, which on the one hand require China's aluminum processing industry to actively cope, and on the other hand, require the global aluminum processing industry to unite and cooperate to cope with this time. Financial crisis, we can go better and go further." (Source: China Nonferrous Metals)
Despite the difficult economic situation in 2008, China’s aluminum output continues to remain the world’s largest, accounting for more than one-third of the world’s total output. According to Li Defeng, Director of the Aluminum Association’s branch of the Nonferrous Metals Association, since the implementation of the 4 trillion yuan domestic demand policy and the ten major industry revitalization plans started in November last year, China’s monthly output of aluminum has gradually recovered, and its output reached 137.47 million in May this year. Tons, a new high for monthly production.
The growth of aluminum production is mainly influenced by domestic factors, such as the improvement of the automotive, home appliances, and real estate industries, which have played a major role in driving aluminum demand. From January to May of 2009, the domestic automobile production and sales volume hit a record high. Calculated with 100 kg of aluminum processing products per vehicle, the consumption of aluminum processing products reached 1.1 million tons. Coupled with the production of parts and components, it is expected that the consumption of aluminum processing products in the automotive industry in 2009 will exceed the previous year. The same is true of the real estate industry. From January to May, the country’s housing sales area reached 24,644.44 million square meters, a year-on-year increase of 25.5%, and sales amounted to 1,138.892 billion yuan, a year-on-year increase of 3%. Although the national real estate climate index indicates that the real estate market is still at a low point in the industry, the county-level and rural construction markets are more active and have become a new force in stabilizing the construction materials consumer market.
For the aluminum market in 2009, Antai Branch senior expert Wang Weidong expressed optimism: It is expected that domestic aluminum extrusion output will reach 8.1 million tons in 2009, an increase of 7.3% year-on-year. Despite the apparent slowdown in domestic economic growth, the recovery of export processing of aluminum profiles and exports of aluminum alloy profiles has played a significant role in boosting exports. It is expected that domestic aluminum strip production will reach 4.3 million tons in 2009, an increase of 8.9% year-on-year. The domestic aluminum foil output will reach 1.55 million tons, a year-on-year increase of 10.7%. He said that the current aluminum industry must have confidence and reason, and should not blindly invest. What the Chinese market lacks now is not capital, but technology. In the direction of development, we should focus on the promotion of new products.
Mr. Stefan Glimm, executive director of the European Aluminum Foil Association, said at the meeting that since 2007, Chinese aluminum processing materials have been subjected to various types of anti-dumping investigations. "This is indeed a bad news for China. Increasing the protection of trade measures may be the best solution," he said. He also said that sales in North America, Europe, etc., are currently in aerospace manufacturing, automobiles, can-making, and construction. The trend has been declining. Only China’s sales have been growing at a rate of 4%. Therefore, there is a huge potential for market development in China.
In the forum, industry insiders also talked about the issue of excess capacity in the aluminum industry in China. Wang Tao, from the Investment Promotion Department of Chongqing Xi Peng Aluminum Industrial Zone Management Committee, has a unique insight: “The 'surplus' is mainly targeted at the eastern region, and the west is still in short supply. The aluminum gap will reach 600,000 to 700,000 tons.†He said that this financial crisis may accelerate the industrial transfer of the aluminum industry. Fan Shunke, dean of the Institute of Non-ferrous Metals Technical Economics, stressed in his summary: “Although the economy has shown signs of recovery, the aluminum market has started to pick up. However, with the adjustment of China's import and export policies, China’s import and export trade will emerge. Large changes will directly lead to an increase in trade frictions and various trade barriers, which on the one hand require China's aluminum processing industry to actively cope, and on the other hand, require the global aluminum processing industry to unite and cooperate to cope with this time. Financial crisis, we can go better and go further." (Source: China Nonferrous Metals)