Xinfa Escapes Seasonal Aluminium Production Cuts To Capacity In Shandong
A top aluminium smelter in the People’s Republic of China has escaped winter metal production cuts for 2018-2019, and will...
Aluminium capacity cuts
Hongqiao Ordered To Cut 550 Thousand Metric Tons Of Capacity Through Mid-March
The most prolific aluminium producer on Earth will be compelled to cut over half a million metric tons per annum of production capacity over the winter months as part of the state’s effort at fighting smog production. According to documents obtained by...
China To Repeat Winter Aluminium Output Cuts In November
The People’s Republic of China’s Ministry of Industry and Information Technology said yesterday that the winter output cuts it mandated...
Henan Smelter Confirms 30-Percent Cut to Aluminium and Alumina Production
Henan’s Luoyang Xiangjiang Wanji Aluminium announced yesterday that it has curtailed 30 percent of its aluminium and alumina capacity as...
Events
Aluminium Capacity Cuts Announced in China’s Shanxi Province
The global aluminium market continues to be cautiously optimistic in the face of news from the People’s Republic of China that capacity cuts have been announced for cities outside the country’s 26+2 program. According to a notice posted Sunday on a local government website, administrators in the western Shanxi province city of Lüliang will soon […]
Chinese Government to Order Xinfa Aluminium to Suspend Almost 400 Thousand MTPA This Winter
Draft documents from the city government of Shandong Xinfa Aluminium Group’s hometown reveal that the firm may be compelled by the government to curtail a significant amount of capacity over the coming winter months. The documents, which were obtained by Reuters in draft form, were issued by the Liaocheng city government and authenticated by an […]
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 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China Hongqiao Group Limited announced plans yesterday to cut two million metric tons per annum of outdated aluminium capacity.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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
