In the first half of 2017, China's aluminum output was 30 million 250 thousand tons, and traffic aluminum was the fastest growing
According to the prospective industry research institute "China aluminum industry market demand forecast and investment analysis report" data show, in June 2017 China's aluminum production 5 million 884 thousand tons, an increase of 13%, 1-6 month cumulative production of 30 million 250 thousand tons, the cumulative growth of 9%.
In recent years, the proportion of aluminum used in construction in China has been above 30%. The building with aluminum and real estate investment growth high correlation, the current real estate inventory pressure is still large, the next few years the growth rate of real estate investment in low wavering or progressive decline, building aluminum growth will also change.
Transportation aluminum is currently the second major demand areas of aluminum. In recent years, the growth rate of aluminum in transportation has always maintained above 10%. It is one of the fastest growing fields in the downstream industries of aluminum.
In the power industry, aluminum is mainly used in wires, cables, transformers, coils, induction motors, rotors, buses and so on. With the growth of China's capital construction investment growth and the continuous improvement of the metal shell penetration in the consumer electronics industry, the demand for aluminum in the power electronics industry will continue to grow rapidly.