China Nonferrous Metals Industry Association

Six Major Chinese Smelters Agree to Cut Production if Aluminium Falls Below US$1,717

Six Major Chinese Smelters Agree to Cut Production if Aluminium Falls Below US$1,717

According to sources with knowledge of the events, six of the People’s Republic of China’s major smelters agreed to cut production in the event that aluminium prices drop below US$1,717 per metric ton. China’s Nonferrous Metals Industry Association (CNIA) held the meeting...

Events

China Holds the Line on Aluminium Production Capacity Limits

The council of the China Nonferrous Metals Industry Association decided to continue to limit aluminium production in a meeting on Friday. Acknowledging that capacity cuts undertaken by smelters in the People’s Republic of China has helped buoy aluminium prices, the council indicated that it will, in the words of association president Chen Quan Xun, retain […]

China’s Aluminium Production Falls Again in January

According to newly-released data from the China Nonferrous Metals Industry Association (CNIA), aluminium production in the People’s Republic of China continued its decline in the month of January. The decline in January is part of a larger pattern of a declining output for the country over the past year. China’s aluminium industry posted month-on-month declines […]

Output Cuts in 2015 Reduced China’s Aluminium Inventories by 200K Metric Tons

According to China Nonferrous Metals Industry Association (CNIA), domestic refined aluminium inventories dropped to 800,000 metric tons at the close of 2015, which was down from 1 million metric tons two months prior. CNIA indicated in a report published to its website that the refined aluminium output for the People’s Republic of China averaged 5,000 […]