Recycled aluminum market in China
China is a traditional aluminum country. Since the output of aluminum has exceeded 2 million tons in 2000, the annual aluminum output has increased at a geometric rate. The life cycle of aluminum is generally 20 years. If this is measured, China's recycled aluminum resources will be extremely large after 2020.
According to the data of China Nonferrous Metals Industry Yearbook, it can be found that China's production of recycled aluminum has maintained a high-speed growth trend since the 20th century. From the initial two million tons to 6.2 million tons in 2017, the growth rate is very impressive. Moreover, the proportion of China's recycled aluminum production in the world is constantly increasing. As of 2017, China's recycled aluminum production has reached 38.6% of the world's total, and this number will continue to grow in the future. It can be seen that China is regenerating. The advantages of aluminum resources will become more and more prominent in the future.
News Date: August 6, 2018. Reported by Doreen.