Risks and opportunities for the transformation of

Risks and opportunities of the transformation of the development momentum of the aluminum industry

according to Aladdin's data, China's electrolytic aluminum consumption in 2017 was about 35.5 million tons, with a year-on-year increase of 9.1%, higher than the GDP growth rate. The macro demand structure of aluminum is also adjusted with the economic structure. In 2017, investment, consumption and export contributed about 50%, 38% and 12% to aluminum respectively

the overall demand maintains high-speed growth. Specifically, the downstream industry. At present, the construction industry is still the application field of aluminum in China, accounting for 33%. Compared with developed countries, the proportion of aluminum used in China's transportation industry is significantly lower. As the growth rate of the real estate industry tends to be stable, aluminum processing will develop more in the direction of industrial profiles in the future

although real estate is regulated, as a pillar industry in China, there will be no cliff like decline in the short term, and the downstream demand is still stable. As for the second largest industry in China: the automobile industry is undergoing a fundamental transformation, which is likely to become a new driving force for the growth of the aluminum industry

first, the kinetic energy conversion of aluminum products

therefore, it has been widely used in the field of fatigue testing machines

this year's market, we who are second-class people laugh at ourselves as a monkey market, the monkey is the emperor of Trump, and the monkey's weapons of mass destruction are the strongest guns in history, which has led to Global trade frictions and stock market fluctuations this year, However, to some extent, the compression test stopped the domestic opening-up between the workbench and the mobile beam. China announced at the Boao Forum that it would significantly reduce automobile import tariffs this year, and then promised to fully liberalize the proportion of foreign shares in the automotive industry within five years

there is no doubt that after so many years of joint venture operation, the domestic automobile industry has developed relatively mature. At this time, even if the market is liberalized, the domestic industry can develop healthily. For example, Geely Automobile (), Great Wall Automobile (,), BYD of new energy automobile (,) in their own brands have been able to play their own role. Liberalizing the market does not mean that the world is destroyed, but for the vast majority of domestic automobile enterprises, Compared with traditional power vehicles, we should bet on new energy vehicles in the future

in 2017, the production and sales of new energy vehicles were close to 800000, reaching 794000 and 777000 respectively, with a year-on-year increase of 53.8% and 53.3% respectively. In 2017, the new energy vehicle market accounted for 2.7%, an increase of 0.9 percentage points over the previous year. As new energy vehicles have great advantages in energy conservation, the new energy vehicle industry has expanded rapidly in recent years, and the demand for aluminum auto parts has surged. Compared with traditional vehicles, new energy vehicles use batteries as the power to drive vehicles, so the power is restricted by the weight of batteries and the mileage of power batteries. Therefore, the weight reduction of the body is more urgent than that of traditional vehicles, so it is expected that the consumption of aluminum alloy materials will be greater

in December 2017, the domestic high-performance intelligent electric 7-seat SUV velai es8 was launched in the afternoon of October 15. Its all aluminum body has returned to the market focus on the role of aluminum in promoting vehicle lightweight. SUV velai es8 is an all aluminum body independently designed, developed and manufactured in China, and the technical patent is held by velai automobile. It is a mass-produced vehicle with high application rate of aluminum alloy in the world, and its torsional stiffness is more than twice that of Tesla Model X. In addition to the body, the chassis, suspension, wheel hub, braking system and battery pack shell of es8 are all made of aluminum, and the utilization rate of aluminum is as high as 96.4%, which is also a high proportion of aluminum applications in the global mass production to avoid the destruction of all aluminum body due to human overload

the use of aluminum in passenger cars and commercial vehicles is accelerating because it provides a fast, full, environmentally friendly and cost-effective way to improve performance, improve fuel economy and reduce emissions, while maintaining or improving safety and durability. Due to its advantages and environmental protection advantages, aluminum has increasingly become the "material" of automobile manufacturers from mass market vehicles such as Ford F-150 to luxury models such as Audi, Mercedes Benz and Land Rover. According to the new research of Ducker worldwide, the aluminum content in cars will increase by 30% in the next decade

it can be predicted that in the future, with the continuous promotion of new energy vehicles and the lightweight of traditional vehicles, the demand for automotive aluminum will show explosive growth, but the incremental demand brought about by the transformation of industrial structure is not only cars

in the aviation field, Boeing delivered 763 aircraft worldwide in 2017, of which 202 new aircraft were delivered to Chinese airlines, accounting for 26%. This is a new record, reflecting the continued strong demand for aircraft in the Chinese aviation market. On May 5, 2017, the domestic C919 aircraft made its first flight at Shanghai Pudong Airport, realizing another leap forward development of China's aviation technology. It can be predicted that in the future, the supply chain of C919 will inevitably be gradually localized, driving the development of the entire industrial chain. At present, aluminum alloy materials account for about 70% of the fuselage materials of civil aircraft, and the market scale of aluminum alloy aviation materials will be larger and larger