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China’s aluminum industry reform has earned global recognition.

2017-12-10

In recent years, driven by China’s rapid economic growth, the country’s aluminum industry has made remarkable strides, ranking among the world’s leaders in both output and technology. China has thus become the world’s largest producer and consumer of aluminum. Consequently, the global aluminum industry landscape has undergone a profound transformation, with pricing power shifting from being dominated by developed countries to being led by China.

Recently, the issue of overcapacity in the global aluminum industry has sparked extensive debate and controversy. China’s aluminum sector has been portrayed as a force that negatively impacts the worldwide aluminum market, prompting some countries to adopt trade protectionist measures and initiate anti-dumping investigations against China. Moreover, at certain international aluminum industry forums, it has even been argued that overcapacity in China’s aluminum industry is driving down aluminum prices.

Recently, the Chinese government has adopted supply-side structural reform as its overarching policy direction and, with unprecedented vigor, implemented a series of related policies and measures—such as reducing excess capacity, rectifying and shutting down illegal and non-compliant electrolytic aluminum projects, carrying out environmental remediation, and expanding aluminum applications. Over the course of their implementation, local governments and aluminum enterprises across the country have proactively responded to the national call, strengthened industry self-regulation, and pursued innovation-driven development, enabling outdated production capacity to exit the market in an orderly manner and ensuring strict enforcement of the rectification and suspension of illegal and non-compliant projects, thereby achieving positive results.

Chen Quanxun, President of the China Nonferrous Metals Industry Association, at… 2017 At the China International Aluminum Week, it was revealed that, driven by supply-side structural reforms, China’s primary aluminum consumption has been steadily rising, with notable progress in expanding aluminum applications. Since the beginning of this year, aluminum prices have posted a significant increase, and the industry as a whole is showing strong momentum. The aluminum sector has also succeeded in phasing out outdated production capacity. 240 Ten thousand tons, encourage and guide 566 The exit of tens of thousands of tons of low‑competitiveness production capacity from the market has effectively improved supply; illegally constructed electrolytic aluminum capacity must be shut down immediately, involving… 537 Ten-thousand-ton capacity and under-construction facilities operating in violation of laws and regulations must be immediately halted. 619 Ten thousand tons, effectively curbing the trend of excessively rapid growth in new electrolytic aluminum capacity.

In recent months, the Chinese aluminum industry has been making frequent moves. According to Wen Xianjun, vice president of the China Nonferrous Metals Industry Association, experts and business representatives from multiple countries have expressed approval of China’s supply-side structural reform, noting that this year’s improvements and positive trends in the aluminum market are closely linked to China’s efforts. “The reforms in China’s aluminum industry have earned the respect of the international community.”

Ron Nepp, Secretary-General of the International Aluminium Association, and Konstantin Zatulin of Rusal both stated that China’s supply-side structural reform is unique worldwide, has had a positive impact on the healthy development of the global aluminum industry, and underscores China’s influence on the global aluminum sector. They expressed strong approval of the outcomes of China’s reforms.

From the perspectives of the market, the industry, and the international arena, China’s supply-side structural reform and the policy measures recently introduced have proven to be both proactive and effective, earning widespread respect and recognition worldwide.

Meanwhile, as green and environmentally friendly development has become a global priority, achieving sustainable industrial growth remains an enduring challenge for countries worldwide. Since the beginning of this year, China has successively introduced action plans for air pollution prevention and control, as well as measures to suspend or limit production during the winter season, and… 2018 The Environmental Protection Tax Law, which will take effect starting in [year], along with this series of laws, regulations, and policies, imposes stricter new requirements on environmental governance and green development in China’s aluminum industry, underscoring the country’s unwavering commitment to the principles of green and sustainable development.

China’s aluminum industry has continuously upgraded its equipment and technology, with more efficient, larger-scale machinery being put into operation. Consequently, energy‑saving and emission‑reduction targets have been steadily improved, leading to a substantial reduction in aluminum production energy consumption. 2012 Year to 2016 In [year], China’s comprehensive energy consumption for alumina production decreased from… 583.2 kilogram of standard coal / ton down to 382 kilogram of standard coal / tons, with a decline of 34.5% ; The comprehensive AC power consumption of aluminum ingots is from 13844 kilowatt-hour / ton down to 13599 kilowatt-hour / tons, reduce 245 kilowatt-hour / Tons. Strengthening energy conservation and emissions reduction, and prioritizing green and environmentally friendly practices, have become a shared consensus in the industry’s development.

Driven by supply-side structural reform, China, as a major player in the global aluminum industry, is shifting its focus from sheer size to quality and competitiveness, steadily advancing toward becoming a leading aluminum powerhouse. This transformation has earned it widespread respect and recognition worldwide, while countries around the globe are increasingly acknowledging the strength and rising prominence of China’s aluminum sector.


 

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