China Hongqiao aluminium

China Hongqiao To Continue Aluminium Capacity Relocation To Yunnan Despite Power Disruptions

China Hongqiao To Continue Aluminium Capacity Relocation To Yunnan Despite Power Disruptions

An unreliable power supply will not slow down China Hongqiao’s plan to move 2 million metric tons per annum of aluminium smelting capacity to Yunnan province according to a company spokesperson. The firm has gone on record previously as intending to move...

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Events

Hongqiao Set To Restart Closed Aluminium Smelting Capacity With More Efficient New Capacity

Hongqiao Set To Restart Closed Aluminium Smelting Capacity With More Efficient New Capacity

A pair of sources claiming knowledge of the situation informed Reuters on Thursday that China Hongqiao Group will restart a portion of the illegal aluminium-smelting capacity it shuttered in 2017. Per the sources, the move will essentially consist of replacing outdated production lines with more state-of-the-art capacity. Among the planned replacement technology is a high-performance […]

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Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes

Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes

A trio of sources claiming knowledge told Reuters yesterday that representatives from China Hongqiao Group, Aluminum Corp of China Ltd (Chalco), and other Chinese major aluminium producers will hold a meeting today to hash out the implications of falling prices and weak demand for the country’s aluminium sector. Per the unnamed sources, the China Nonferrous […]

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Hongqiao Ordered To Cut 550 Thousand Metric Tons Of Capacity Through Mid-March

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 […]

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Hongqiao Insiders Say Cuts Totaling a Quarter Million MTPA of Aluminium-Smelting Capacity In the Works

Hongqiao Insiders Say Cuts Totaling a Quarter Million MTPA of Aluminium-Smelting Capacity In the Works

According to sources with knowledge of the situation, China Hongqiao Group began curtailing outdated aluminium capacity on Tuesday, coinciding with an announced crackdown by the government of the People’s Republic of China on illicit aluminium smelting capacity. Although the company demurred when asked for details, sources who spoke to Bloomberg on Tuesday said that Hongqiao […]

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