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Electrolytic aluminum will become the new focus of China's de capacity

wallpapers Tech 2020-09-22
[Liu zhe said that China is a country with less copper and more aluminum. There is excess electrolytic aluminum production capacity. The whole industry is basically in a state of loss, and the capacity utilization rate has been around 70%. ][in the past few years, from the perspective of growth, the growth of global electrolytic aluminum was mainly concentrated in China, and the production of electrolytic aluminum in other parts of the world was basically stable at about 24 million tons. ]Since 2010, more than 90% of the domestic electrolytic aluminum production capacity has been invested in Qinghai, Xinjiang, Inner Mongolia, Gansu and other western regions with low electricity prices. ]The overcapacity of electrolytic aluminum has become a global problem. China and the United States reached a consensus during the G20 summit to jointly deal with global electrolytic aluminum overcapacity. The list of achievements of the Hangzhou meeting of the heads of state of China and the United States shows that China and the United States recognize that due to the slow recovery of the global economy and the sluggish market demand, the excess capacity in the electrolytic aluminum industry has increased, which has become a global problem and needs to be addressed collectively. China and the United States will work together to deal with the problem of global electrolytic aluminum overcapacity. The US side welcomes China's efforts to promote supply side structural reform with the goal of de capacity. Both sides also recognize that subsidies and other types of support provided by the government or government supported institutions can lead to market distortions and global overcapacity problems, and therefore need to be addressed. China and the United States also pledged to strengthen communication and cooperation, and to take effective measures to meet relevant challenges, so as to strengthen market functions and encourage adjustment. Liu Zhe, assistant to the president of Wanbo New Economic Research Institute, said in an interview with the first financial daily that dealing with the problem of global electrolytic aluminum overcapacity is the consensus of China and the United States on the supply side structural reform in the industrial field, and it is also an important practice of removing production capacity from the scope of global cooperation. Liu zhe said that China is a country with less copper and more aluminum. There is excess electrolytic aluminum production capacity. The whole industry is basically in a state of loss, and the capacity utilization rate has been around 70%. In the past few years, from the perspective of growth, the growth of global electrolytic aluminum was mainly concentrated in China, and the production of electrolytic aluminum in other parts of the world was basically stable at about 24 million tons in the past. Resolving the overcapacity of electrolytic aluminum is conducive to improving the prosperity of electrolytic aluminum industry. Through continuous and effective withdrawal from the supply side, the supply-demand relationship of aluminum industry is improved, and the upward trend of aluminum price is supported. Zhang Zhenyu, member of the National Committee of the Chinese people's Political Consultative Conference (CPPCC), once said that the excessive expansion of electrolytic aluminum production capacity not only threatens the survival of enterprises, but also indirectly causes the continuous increase of bauxite dependence on foreign countries, which threatens the healthy development of the entire Chinese aluminum industry. It is urgent to effectively speed up the resolution of overcapacity in the electrolytic aluminum industry. The distribution of electrolytic aluminum industry in China is concentrated, mainly in the provinces with rich power and bauxite resources. Due to the large amount of investment in electrolytic aluminum, low investment threshold, strong employment ability, and the traditional thinking of investment driving economic growth and the constraint of GDP performance evaluation, some local governments regard electrolytic aluminum as a pillar industry. Zhang Zhenyu believes that since 2010, more than 90% of the domestic electrolytic aluminum production capacity has been invested in Qinghai, Xinjiang, Inner Mongolia, Gansu and other low-cost western regions under the background of industrial transfer. The production capacity in the western region has been formed, but the production capacity in the eastern region has not been withdrawn in time, resulting in the phenomenon of "strict regulation and control while increasing production capacity". Hu Chi, the research center of the state owned assets supervision and Administration Commission of the State Council, told reporters of the first financial daily that the overcapacity in the electrolytic aluminum industry is structural excess, low-end overcapacity and insufficient high-end capacity. The demand for high-end aluminum products in China and the world is not small, especially in high-tech industries such as electronics, aviation and transportation. Under the pressure of overcapacity and profit compression, China's electrolytic aluminum industry needs industrial upgrading. In China, such as high-strength aluminum, aerospace aluminum products mainly rely on imports, and there is still a large space for China to produce high-end aluminum products with high added value. According to the analysis of insiders, in order to realize the complete upgrading of electrolytic aluminum in China, electrolytic aluminum enterprises are required not only to provide products, but also to provide perfect and accurate aluminum manufacturing solutions for high-tech industries, combine electrolytic aluminum production industry with high-tech service industry, and optimize the use of the huge development opportunities brought by the combination of the first and third industries Meet. Nowadays, China's electrolytic aluminum enterprises have embarked on the road of product upgrading, many domestic aluminum enterprises are committed to the development and production of high-end aluminum products. Nanshan aluminum began to research and develop automobile aluminum plate and aviation aluminum plate with high technical barriers since 2012. At present, it has a production capacity of 150000 tons of automobile aluminum plate and 50000 tons of aluminum aviation materials. In 2013, China Zhongwang group started the research and development project of "7075 aviation extruded bar" according to the specifications, characteristics and strict quality requirements of aluminum profiles in the aerospace field. Hu Chi believes that strengthening international capacity cooperation is conducive to the de capacity of the electrolytic aluminum industry. Since the United States does not produce electrolytic aluminum, it can strengthen trade cooperation with the United States and increase exports. Some low-end production capacity can be transferred to Vietnam, Cambodia and other Southeast Asian countries. Liu zhe suggested that in the process of electrolytic aluminum de capacity, attention should be paid to the role of the market in resource allocation. For the enterprises with low power cost and self generating power, they should give full play to their cost advantages; for those enterprises which lack competitiveness in cost and equipment, they should be encouraged to eliminate backward production capacity through M & A and equipment upgrading. (Zhu Yanran)

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