aluminium capacity china

China Estimates Domestic Aluminium Demand to Increase by 6 Percent in 2018

China Estimates Domestic Aluminium Demand to Increase by 6 Percent in 2018

According to numbers released by the state, the People’s Republic of China will see a 6-percent rise in refined aluminium demand in 2018, rising from this year’s estimated demand of 34.8 million metric tons to 36.9 million metric tons. Beijing Antaike Information...

Events

Henan Shenhuo Sheds 60 Thousand MTPA at Yongcheng

An aluminium smelter in Central China announced today that it is offloading a quantity of already-shuttered lossmaking capacity to the open market. Henan Shenhuo Coal & Power Co filed an announcement with the Shenzhen stock exchange notifying the market that it is shedding 60 thousand metric tons per annum of idled capacity. The move, done […]

BofAML Predicts Global Aluminium Deficit By Year’s End

A report from Bank of America Merrill Lynch (BofAML) Global Research predicts a global aluminium deficit by year’s end thanks in large part to capacity closures at smelters in the People’s Republic of China. The report indicates word of capacity closures totaling 4.3 million metric tons per annum at smelters in Inner Mongolia Autonomous Region, […]

China’s Aluminium Demand Rises 9.6% in First Half of 2017

Numbers just released from Beijing Antaike Information Co., Ltd (Antaike) show demand for refined aluminium in the People’s Republic of China jump by almost ten percent over the course of the first half of this year. According to the state-owned metals information service, the 9.6% year-on-year rise in demand is due to improvements in the […]

China Hongqiao Cuts Obsolete Aluminium Capacity By 2 Million MTPA

China Hongqiao Group Limited announced plans yesterday to cut two million metric tons per annum of outdated aluminium capacity. However, the world’s largest aluminium producer indicated that the planned cuts will have little effect on its overall output or bottom line. According to experts, Honqiao’s aluminium production is likely in the neighborhood of 6.5 million […]

Shandong Xinfa Axes 530,500 MT of Illegal Aluminium Capacity

According to a government-run website, Shandong Xinfa Aluminium Group shuttered over half a million metric tons per annum of aluminium smelting capacity last week. A statement on the Chiping county government’s website indicated that local government officials, Xinfa Group chairman Zhang Xuexin, and experts from Ailinte Safety Technology Consulting Company visited the site in eastern […]