China’s net exports of aluminum is expected to reach 660,000 tons this year, but the figure will drop to 300,000 tons in 2006, the Economic Information Daily reported.
Quoting Ding Shenwei, director of the Research Department of China International Finance Corporation, the report also said China would import 500,000 tons of aluminum next year.
Statistics showed in the first eight months of this year, China imported on average of 52,000 tons of aluminum each month, a drop of 39 percent from 86,000 tons in the same period of 2004.
(Shanghai Daily November 28, 2005)
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