Russia Increases Aluminum Supplies to China to Record $2.3Bln
Russia increased aluminum supplies to China by 1.4 times to a record $2.3 billion in January-August, a Sputnik analysis of official figures showed on Tuesday.
In 2019, China’s aluminum imports from Russia amounted to only $60.6 million.
Sales of copper, the second main metal in Russian exports, remained at the same level - $1.7 billion, but nickel supplies decreased to $518 million from $709 million.
At the same time, Russia reduced its iron and steel supplies to China by a third to $286.7 million, while simultaneously increasing exports of products from these metals by 1.8 times to $274 million.
In total, metal supplies from Russia to China increased by 9% to $5.1 billion, compared to $4.7 billion for the same period last year. – Source: Sputnik –