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...
An explosion at an aluminium smelter in Yunnan and energy supply cuts conspired to hold China’s aluminium output in November slightly below the prior month’s total. Such was the story told by production numbers released by Beijing last week. Per production numbers,...
Winter is coming to the People’s Republic of China, and along with it is the prospect of yet more power...
Traders in and analysts of the People’s Republic of China’s aluminium trade expressed high hopes for a strong recovery last...
In an effort at reducing its reliance upon coal-generated electricity, China Hongqiao Group Ltd said yesterday it plans to move...
An aluminium smelter owned by Xinfa Group in the Xinjiang Uygur Autonomous Region was shut down this week after an explosion at the plant according to a company source. The source, who spoke to Reuters on condition of anonymity, said the blast at the plant north of Ürümqi idled the entirety of its 500 thousand […]
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), […]
Despite falling prices in the year’s penultimate month, shipments of primary aluminium in November bested totals from both last month and the previous year. Per numbers released by the National Bureau of Statistics on Friday, the Middle Kingdom shipped 2.82 million metric tons overseas in November, good for a 3.9-percent rise over October’s total of […]
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 […]
Tariffs enacted this spring by the Trump administration and the resulting marketplace turmoil did little to diminish the output of aluminium smelters in the People’s Republic of China. Quite the opposite, as June saw China’s aluminium smelters combine to export over 500 thousand metric tons for just the second time in recorded history. Per customs […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...