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الاقتصادية
China's aluminum output hits new high
China achieved a record high in aluminum production during August, reaching 3.98 million tons—close to the previous high of 3.979 million tons—despite the ongoing cap on production capacity imposed since 2017 to curb excessive expansion and ensure energy conservation. The surge in profit margins, coupled with several factors such as rising aluminum prices, decreasing raw material costs, and disruptions in Middle Eastern supplies, has enabled Chinese smelters to operate at high efficiency, with a utilization rate of 99.7% of their production capacity. As factories approach their maximum output levels, Chinese companies are increasingly investing in overseas projects in countries like Indonesia, Kazakhstan, and Angola to sustain growth rates. In the first eight months of 2026, production totaled 31.12 million tons, indicating that domestic output has significantly surpassed last year’s levels, with annual projections reaching 46.7 million tons—exceeding the imposed cap of 45 million tons. This trend reflects strategic shifts toward external expansion to overcome domestic restrictions.
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