China's aluminum inventories reached a record high this week, caused by rapidly growing supply and weak demand in the country, resulting in sharp price drops, an expert said.The country's overall aluminum stockpiles climbed to 1.25 million metric t…
China's state reserves manager signed agreements today with six smelters to buy 300,000 metric tons of aluminum at 15,137 yuan ($2,434) a ton in a bid to bolster local prices.The State Bureau of Material Reserve will pay about 4 percent more than t…
China saw its refined aluminum output grow 11.0% from a year earlier to 1.73 million tonnes in February this year, according to statistics released by the National Bureau of Statistics.In the first two months of this year, the country produced 3.51 mil…