China aluminium production up 2.7% in March as Iran war drives prices higher
From brecorder.com
China’s primary aluminium production in March rose 2.7% year-on-year, official data showed on Thursday, as supply fears linked to the Iran conflict supported prices of the light metal. Aluminium production climbed to 3.85 million metric tons in March, according to data released by the National Bureau of Statistics. In the first three months of the year, China churned out 11.41 million metric tons of primary aluminium, a rise of 3.1% from the year-ago period, the data showed. The Gulf region accounts for roughly 9% of global aluminium supply. Supply concerns intensified after Iran moved to disrupt traffic through the ...
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