china hongqiao

Zhang Bo Succeeds Father As China Hongqiao’s Chairman

Zhang Bo Succeeds Father As China Hongqiao’s Chairman

Chinese aluminium titan China Hongqiao Group Limited selected Zhang Bo to take the company’s reigns last week, filling the position his father held until his passing the week prior. The younger Zhang’s appointment took effect on Friday, the same day he was...

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Events

Hongqiao Bottom Line Saved By Surge In Alumina Sales In 2018

Hongqiao Bottom Line Saved By Surge In Alumina Sales In 2018

Twice the volume of alumina sales in 2018’s latter half helped offset a drop in aluminium production and prices, balancing out China Hongqiao Group’s net profit in the period. In a filing released late last week, Hongqiao reported a full-year net income of CNY5.41 billion (US$805.97 million), off by 0.9 percent on the year. The […]

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Hongqiao To Restart 100 Thousand MTPA Of Aluminium Capacity

Hongqiao To Restart 100 Thousand MTPA Of Aluminium Capacity

With this year’s winter cuts season behind them, China Hongqiao Group Limited will be slowly but surely ramping up production levels over the next several months. The world’s most prolific aluminium producer made the announcement Friday, a day removed from the end of mandatory winter production cuts season. Specifically, the firm said it would commence […]

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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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