Any tightening of the supply of aluminium and aluminium products globally are expected to benefit Indian producers.

Chinese Aluminium exports represent 15% to 16% of the country's total production and 20% to 22% of production outside China.

China’s decision to cancel this tax rebate, which has long supported its export-driven aluminum industry, sparked a sharp rally in aluminum prices on the London Metal Exchange on Friday. The move is expected to curb the excessive supply of Chinese aluminum abroad.