China Has a Significant Position in the Metal Industry-Aluminum Profiles SUPPLIER

Foreign media said that in the metal market, is China doing as Saudi Arabia's crude oil as Saudi Arabia?

According to the US "Global Post" website reported on June 20, as the world's largest industrial metal manufacturing country and consumer country, China may actually inadvertently play the role of the Organization of the Organization of the Organization of Petroleum. Copy price signals and balance the market.

It is reported that although it is not as obvious as Saudi Arabia played in the infinite time of OPEC, China and metal's trend may be similar.

Until not long ago, in the export market of most industries or semi -refined metals (such as steel, refined copper, aluminum, etc.), China is still an unrelated participant.

However, the exports of steel and aluminum have recently risen, which actually integrates China into the global market of these intermediate metals.

In terms of copper, China is still the main net importer, but it still impacts the global copper market because it improves or reduces imports according to market conditions and domestic demand.

It is reported that China is playing the role of market regulators of metal in the middle stage, which has also had a significant impact on the raw material market, such as iron ore, coking coal, aluminum alumium and alumina.

According to reports, of course, China's increasing influence in the global market has not been ignored and will not be welcomed by other manufacturers. Other manufacturers are taking or considering some measures to curb the exports of Chinese steel and other metals.

But in general, China seems to have changed from a last resort to influential producers.

It is reported that China is currently working hard to restrict its capacity and the state is willing to interfere with the market, which means that its role as a producer is likely to be turbulent and unpredictable.

In this sense, it is not like an old OPEC, but similar to the oil production group. Observing the output and export development trends of Chinese metal manufacturers have become increasingly important because they seem to have become the main driving force for the global market.