Earlier this year, China exported much less aluminum than it imported, which is rare because China is the world’s largest producer of aluminum. In 2018 and 2019, China, a huge exporter of semis, exported about 5.2 million tons of semi-manufactured products.
The last time China was a net importer was in 2009. The aluminum import surge is expected to be short-lived, just like in 2009. However, it might be possible that we are witnessing structural…
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