Ukraine war turns China into net exporter of aluminum

Shortage of metal in Europe creates global arbitrage opportunity

20220509N China aluminum

Workers walk through an aluminum ingots depot in Wuxi, a city near Shanghai. © Reuters

MISA HAMA, Nikkei staff writer

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.

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