Current Demand For Aluminum Plates

Overproduction in five major areas of aluminum sheet materials - Analysis of overcapacity in five major areas of aluminum sheet materials, ceramic aluminum sheets, punched aluminum sheets, aluminum ceilings, mesh aluminum sheets, carved aluminum sheets, special-shaped tile sheets, aluminum sheet materials and other products "From 100 million tons to 800 million tons now, we are still talking about overcapacity," said the deputy secretary-general of the China Iron and Steel Association in an interview with China Investment. Recently, the China Iron and Steel Association announced that China's steel production capacity has reached 800 million tons, but in fact, only 400 million tons of compliant steel production capacity is available, and 400 million tons of production capacity has not been approved by the state.
Since being labeled as overcapacity in 1999, the capacity of the steel industry has continued to expand with the growth of demand. On the basis of demand forecasts, the state has continuously formulated plans for the expansion of the steel industry's capacity. However, as demand has repeatedly exceeded the planned capacity, the market's capacity has also repeatedly exceeded the national plan. For example, the State Council's "Steel Industry Adjustment and Revitalization Plan" in early 2009 predicted that China's crude steel consumption would be 430 million tons, but the actual consumption reached 570 million tons. The China Iron and Steel Association estimated that crude steel consumption would reach 680 million tons, while the state approved only 400 million tons of steel production capacity at the time, and there were still 400 million tons of illegal production capacity in the market to make up for the demand gap.
In fact, in the past 10 years of government micro-control, China's steel, cement, non-ferrous metals and other industries have been defined as "overcapacity" industries, and have been subject to relatively strict land, finance, taxation, project approval and other industrial policies.