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...
china capacity cuts
Chinese Aluminium Firms Ordered To Cut Carbon Dioxide Output By 18 Percent By 2025
Last week the Chinese government tasked state-owned enterprises to cut their energy consumption per CN¥10,000 (US$1,570) by 15 percent and their carbon dioxide output by 18 percent by 2025. The move is part of a wider push to drive energy-intensive industries including...
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...
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...
Events
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 for the remainder of the year. A document from the Yunnan Development and Reform Commission obtained by Reuters ordered the cuts, which come on top of 1 million metric tons per annum of capacity that […]
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 […]
Chalco Shutters Production At Shandong Huayu Aluminium Smelter
Blaming the rising cost of electricity in the province, Aluminum Corp of China (Chalco) announced on Wednesday that it is ending aluminium production at its smelter in Shandong. Chalco said in a statement issued to the Shanghai and Hong Kong stock exchanges that it is implementing “flexible production” at the Shandong Huayu smelter due to […]
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), […]
Chinese Aluminium: Higher Overhead And Lower Aluminium Prices Squeeze Out Capacity
The Chinese aluminium sector is in peril, and the country’s smelters must soon take drastic and determined action in order to prevent an even steeper dive into the abyss. Such was the verdict of two industry reports released earlier in November, one each by Aladdiny and Antaike. In the report issued by Aladdiny, analysts noted […]
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 ...
