China’s Power Cuts Reduce Country’s Total Aluminium Capacity By 7 Percent In 2021
Cutbacks on power supplies in the People’s Republic of China so far this year have translated in a cut of...
china aluminium capacity cuts
Despite Power Cuts, China’s Aluminium Output In November Off By Only 1.8 Percent On The Year
An explosion at an aluminium smelter in Yunnan and energy supply cuts conspired to hold China’s aluminium output in November slightly below the prior month’s total. Such was the story told by production numbers released by Beijing last week. Per production numbers,...
Power Crunch To Tighten Further For China’s Aluminium Smelters As Winter Power Cuts Approach
Winter is coming to the People’s Republic of China, and along with it is the prospect of yet more power...
Yunnan Regulators Order Further Aluminium Output Cuts As Winter Approaches
Regulators in Yunnan province have warned aluminium producers powered by hydropower sources to keep average monthly outputs at August levels...
Events
Guangxi Power Cuts Could Shutter Up To Half A Million MTPA Of Aluminium Smelting Capacity By Weekend
Up to half a million metric tons per annum of aluminium smelting capacity in Guangxi may be temporarily shuttered after the local power provider warned aluminium smelters in the region that it would soon begin rationing electricity to those plants. Guangxi Power Grid Corp said on Saturday that local aluminium smelters would be tasked with […]
Exclusions Of Imported Aluminium Can Sheet Hurts China’s Battle Against Oversupply: Aluminum Association
The Aluminum Association voiced its opposition late last week to exclusion requests under Section 301 for aluminium can sheet originating from the People’s Republic of China, reasoning that such requests will work against the Middle Kingdom’s oversupply problems. In its weekly report, the Association followed up a Letter of Objection to the Office of U.S. […]
Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts
Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters agreed on Friday to ax a minimum of 800 thousand metric tons per annum of smelting capacity in the next several months. An official from the meeting’s host, the China Nonferrous Metals Industry Association (CNIA), […]
Anemic Domestic Aluminium Market Forces Chalco To Slash 470,000 MTPA Of Smelting Capacity
With ever-sagging domestic prices for the metal as a backdrop, Chinese state-owned smelter Aluminum Corp of China Ltd (Chalco) announced on Friday that it is cutting production at certain northern smelters. In an announcement posted to the Shanghai Stock Exchange, Chalco declared that it would place about 470,000 metric tons per annum of capacity on […]
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 Reuters, the Shandong province’s city of Binzhou has ordered the closure of five […]
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 ...
