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There are many recycled aluminum alloy ingot enterprises in China and the market competition is fierce

There are many recycled aluminum alloy ingot enterprises in China and the market competition is fierce

       Recycled aluminum alloy ingot is an aluminum alloy ingot made by pretreatment, smelting, refining, casting and other production processes using waste aluminum resources as the main raw materials.

The composition diversity of waste aluminum raw materials poses a challenge to the ductility of recycled aluminum, which limits its performance. In view of this, the domestic recycled aluminum alloy is mainly used in the production process of casting and die-casting aluminum alloy, rather than for the manufacture of deformed aluminum alloy. However, recycled aluminum alloy is still widely used in many fields because of its unique properties, including automobile manufacturing, machinery and equipment, electronic appliances, building materials, power facilities, transportation, computer technology, packaging industry and hardware products.

       Recycled aluminum alloy ingots industry to enter the technical threshold is relatively low, and belongs to the scope of renewable resources and circular economy, by the strong support of national policies, but also attracted a large number of investors to enter, especially in the 1980s and 1990s, on the one hand, the strong demand for aluminum has spawned a large number of recycled aluminum alloy ingots enterprises, a large number of small recycled aluminum mills and small workshops rapid development; On the other hand, foreign enterprises enter the domestic recycled aluminum alloy ingot industry, participate in domestic competition at the same time, but also bring advanced technology and equipment, promote the rapid development of China's recycled aluminum alloy ingot industry. According to the "2024-2029 recycled aluminum alloy ingot industry market in-depth research and investment prospects forecast Analysis Report" released by the New Thought Industry Research Center, China's recycled aluminum alloy ingot production in 2023 reached about 5 million tons.

       Overall, after decades of development, China's recycled aluminum alloy ingot industry has formed a large industrial scale, the number of enterprises in the industry, including traditional state-owned enterprises, new private enterprises, joint ventures and other camps, but most of the enterprises are small, the technical level is low, product homogenization is more serious. Among them, the largest domestic recycled aluminum alloy ingot enterprises are mainly Chongqing Shunbo Aluminum Alloy Co., LTD., Guangdong Huajin Metal Profile Co., LTD., Guangdong Huajin Metal profile Co., LTD., Tianjin Lizhong Alloy Group Co., LTD., Linyi Lixin Aluminum Co., LTD.

       The "Aluminum industry Standard Conditions" issued by the Ministry of Industry and Information Technology stipulates that the scale of new recycled aluminum projects should be more than 100,000 tons per year, and the production scale of existing recycled aluminum enterprises is not less than 50,000 tons per year, and the production equipment, environmental protection measures, energy consumption and resource consumption of recycled aluminum enterprises make provisions, but also greatly standardize the development of China's recycled aluminum alloy ingot industry. To a certain extent, it has promoted the improvement of the concentration of China's recycled aluminum alloy ingot industry.

        Xinsi industry analysts said that recycled aluminum ingots can achieve the recycling of aluminum materials, and relative to the original aluminum production, it can greatly reduce heat consumption and greenhouse gas emissions, in resource conservation, energy conservation and emission reduction, environmental protection has significant social benefits, China's recycled aluminum ingots industry development by the national policy support, The future recycled aluminum alloy ingot industry has good prospects for development.