Analysis On The Basic Characteristics Of Aluminum Industry In China
Sheet of aluminum is one of the basic non-ferrous metals, with non-ferrous metals industry price volatility, cyclical strong, high dependence on foreign raw materials, the degree of competition is more intense and so on.
Aluminum industry in China is mainly composed of the industry chain upstream mining and smelting midstream and downstream aluminum processing parts, such as concrete can be divided into the production of bauxite, alumina, electrolytic aluminum and aluminum processing industry segment.
Aluminum light weight and corrosion resistance, mainly including the construction of the real estate industry downstream, power cables and transportation.
Resources Reserves, bauxite global reserves are mainly distributed in Guinea, Australia, Brazil, Vietnam and Jamaica, the top five countries together accounted for about 70% of total reserves, China accounted for only 3% of the world's total reserves. And consumption, the consumption of aluminum in the global consumption accounts for about 50%, the characteristics of resource endowments make our bauxite a lot of dependence on imports.