Fast-growing semi-products output helps aluminum ingot stocks to get down
2013-08-16 18:21:48 【Print】
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Aluminum ingot stocks in Chinese market had been keeping increasing since the third quarter of 2012, and the stocks reached record high in this April
. Afterwards, the stocks started to decrease, to which one of the reason is the purchase by Chinese State Reserve Bureau . Another more important reason is the fast-growing aluminum semi-products outputs . However, Chinese demand for aluminum slowed down obviously together with the economy . The blooming of aluminum semi-production does not reflect strong end consumption and cannot solve the problem of serious oversupply .