A new study has found that China’s aluminum ore prices are still falling but have become more competitive compared to their high prices in the United States.
According to the study, published in the journal of the Chinese Academy of Sciences, the price of aluminum ore fell from $1,600 per ton in 2008 to $2,500 per ton last year.
Aluminum ore, the metal used in steel, is the most important source of metal used to make steel.
The study, which surveyed 20 countries, found that aluminum prices were falling even as they were rising in China, where the price per ton of aluminum dropped by 6.5% compared to a year ago.
The aluminum price fell in the country that accounts for half of the world’s aluminum production, China, while the price in the U.S. rose by 8.6%.
The decline in aluminum prices in China is due to the slowing demand for aluminum in the world and the fact that there is a glut of the metal, according to the researchers.
“It’s a huge shock for us,” said lead researcher Dr. Zheng Xingyu, who conducted the study with his doctoral student, Dr. Guo Yang, a research scientist at the Chinese Aerospace Science and Technology Corporation.
“The price of the ore has been falling for a while now.
This was due to a variety of factors, including the decline in the global demand for aluminium, the global economic crisis and the slowing of the global economy.”
China’s aluminum price has been declining over the past five years, and now it is expected to drop further, according the report.
China’s average price of ore was $1.836 per ton before the global financial crisis in 2008, but fell to $1 for the first time in 2016.
The authors of the study say that the rise in aluminum price was also due to demand from the aluminum-processing industry in China.
“Aluminum is the second most expensive ore after copper, and we think it is the first to decline, because of the high cost of the materials and the high labor cost,” Dr. Xingyuan said.
“But the decline was due mainly to the fall in the demand for the ore, as there is no demand for this ore at current prices,” he added.
Dr. Zheng added that the decrease in aluminum costs was also linked to a sharp drop in demand for metals that can be made in China by the country’s steel industry.
China is one of the largest producers of aluminum and is known for its low price.
But its production of aluminum has been slowing down in recent years as the economy has recovered from the 2008 financial crisis.
According for the U, a study published in November by the Pew Charitable Trusts, China’s steel production declined by 1.3% last year, a decrease of 9.3 million metric tons.
In the United Kingdom, the steel industry has seen a drop of 3.2% in 2016 compared to 2015.