TOKYO -- The Russian invasion of Ukraine has upended the global aluminum market, transforming China into an exporter as supplies of the energy-hungry metal flow to Europe where it fetches higher prices.
China exported 26,378 tons of aluminum ingots in February, customs data shows, an increase of more than 500% from January. Imports fell 53% on the month to 18,343 tons, surpassed by exports for the first time since November 2019.
