China supply-side reform

Analysts Say China-Backed Aluminium Recovery May Soon Slow

Analysts Say China-Backed Aluminium Recovery May Soon Slow

A study released this week by a China-based private analyst predicts that the recovery in the aluminium market fostered by Beijing’s attempts at supply-side reform may soon wane. The China Beige Book, which is a quarterly survey of over three thousand Chinese...

Over a Quarter of China’s Aluminium Capacity May Be Illegal

Numbers recently released by the government of the People’s Republic of China indicate that over one-fourth of the country’s smelting capacity is operating in violation of environmental regulations. According to a report published on a popular Chinese news site, the of the 44.673 million metric tons per annum operated by the domestic aluminium industry, five […]

Aluminium Capacity Cuts in China Likely to Surpass Initial Estimates

According to reports by domestic media, aluminium producers in the People’s Republic of China may make cuts to excess capacity that are deeper than initially expected. Sources at Xinjiang Jiarun Resources told Chinese media that its second-phase 150 thousand metric ton smelter will cut capacity per government requirements by Friday. Another source, namely Liu Lingan […]

Rusal Still Committed to 2020 Hydroelectricity Targets: CEO Mukhamedshin

Russian Federation aluminium behemoth UC Rusal hasn’t wavered from its goal of converting entirely to clean energy by the end of the decade, despite the recent departure of the United States from the 2015 Paris climate accord. In remarks to the South China Morning Post, Deputy CEO Oleg Mukhamedshin reaffirmed his company’s commitment to the […]

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According to sources with knowledge of the situation, China Hongqiao Group began curtailing outdated aluminium capacity on Tuesday, coinciding with an announced crackdown by the government of the People’s Republic of China on illicit aluminium smelting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 […]

Enforcement Against Illegal Aluminium Smelters Planned for This Week in Xinjiang

Aluminium prices in the People’s Republic of China are up thanks to indications from the Xinjiang Uyghur Autonomous Region that a long-promised crackdown on illegal smelting capacity is underway. According to a document obtained by Bloomberg, local governments will begin checks this week on smelters built since the spring of 2013 that are in violation […]