Post #35427

🌫 China has ramped up aluminum production to a record 129,000 tons in response to rising prices and strong demand. However, the aluminum industry is nearing the annual production capacity limit of 45 million tons set by the government in 2017 to curb structural oversupply and carbon emissions. — BBG Citigroup anticipates further price increases as the market faces its largest supply shock in 50 years. mt в max