China's aluminium import surge a sign of global disconnect

It's noticeable that China's top alloy suppliers are Malaysia, South Korea and India. All three countries have become major destinations for aluminium scrap that doesn't meet China's increasingly stringent import purity thresholds. (LME aluminium stocks at Port Klang - File pic)

LONDON: China imported more aluminium than it exported in July.

This is a very rare phenomenon. China, after all, is the world's largest producer of the light metal, accounting for 57% of global output in the same month, according to the International Aluminium Institute.