Looking ahead to 2025, the incremental volume of overseas bauxite mines will be about 20 million tonnes, of which Guinea will contribute the most. Global mines stage to overseas recovery, domestic mines focus on Shanxi reduction recovery. The alumina market is expected to turn into a surplus in the early second quarter, and the domestic first half of the year may need to export overseas.
Lowering import tariffs is an effective strategy for toughening the domestic market, just as higher tariffs are often used to protect local industries. Recently, China further reduced import tariffs on specific recycled aluminium to encourage the inflow of quality products and stimulate domestic demand for quality products.
With the official implementation of the export tax rebate policy on December 1st, aluminum companies have largely completed their short-term order rush to take advantage of the "window period."
When selecting aluminum profiles, material, surface treatment, structural design and load-bearing capacity are the most factors to ensure safety, beauty and compliance with architectural requirements.
We kicked off a month-long "Quality Month" campaign to boost awareness and improve both the quality and delivery standards across our organization. The goal is to make sure we're hitting the highest quality marks at every stage of the process – from R&D, project design to production, inspection, shipping, and service.
Proposed cancellation of the aluminium export tax rebate news, the market reacted quickly, aluminium prices appeared obvious "strong outside and weak inside" trend.