Chan Ye Xin Xi Wang·2025-06-19 01:51Overview - The aluminum industry is a crucial foundational industry in the country, serving as a primary industrial metal raw material for manufacturing and supporting high-tech development and national defense [1][11] - In 2024, China's aluminum production is projected to reach 67.83 million tons, a year-on-year increase of 7.61%, with demand expected to reach 61.93 million tons, up 6.52% [1][11] Market Policies - A series of policies have been implemented to promote the aluminum industry's sustainable development, including the "Implementation Plan for High-Quality Development of the Aluminum Industry (2025-2027)" and various guidelines aimed at enhancing recycling and green manufacturing [4][6] Industry Chain - The upstream of the aluminum industry includes bauxite, recycled aluminum, and production equipment, while the midstream involves aluminum processing and manufacturing, and the downstream encompasses applications in construction, transportation, packaging, and electronics [7][9] Development Status - The aluminum industry has seen continuous optimization of its structure and improvement in equipment technology, forming a comprehensive industrial system [1][11] - The market size of China's aluminum industry is expected to reach 1.523 trillion yuan in 2024, reflecting a year-on-year growth of 10.43% [13] Competitive Landscape - The aluminum industry in China is characterized by intense competition with numerous participants, including major companies like China Aluminum, Innovation New Materials, and Yun Aluminum [15][18] - In 2024, China Aluminum's total revenue is projected to reach 237.1 billion yuan, significantly leading the market [15][18] Development Trends - Due to insufficient domestic bauxite resources and high dependence on imports, Chinese aluminum processing companies are expected to engage more in international cooperation to secure raw material supplies [24]