Xinfa Escapes Seasonal Aluminium Production Cuts To Capacity In Shandong
A top aluminium smelter in the People’s Republic of China has escaped winter metal production cuts for 2018-2019, and will...
shandong capacity cuts
Chalco Shutters Production At Shandong Huayu Aluminium Smelter
Blaming the rising cost of electricity in the province, Aluminum Corp of China (Chalco) announced on Wednesday that it is ending aluminium production at its smelter in Shandong. Chalco said in a statement issued to the Shanghai and Hong Kong stock exchanges...
Shandong Province Announces Plan To Restructure Its Aluminium Sector
Shandong’s provincial government announced late last week a seven-year plan to reorganize its aluminium sector from the ground up. Regulators...
China’s Henan Province Ousts Neighboring Shandong Province As Aluminium Leader
Data released yesterday by the People’s Republic of China’s National Bureau of Statistics (NBS) shows that, for the first time...
Events
Local Chinese Officials Cited for Faking Numbers to Avoid Mandatory Aluminium Production Cuts
A national newspaper in the People’s Republic of China has reported on allegations leveled at local officials in Shandong claiming that they employed doctored numbers in order to avoid carrying out mandatory aluminium and steel production cuts. According to Reuters, state-run newspaper China Youth Daily published a report from the Ministry of Environmental Protection accusing […]
Chinese Government to Order Xinfa Aluminium to Suspend Almost 400 Thousand MTPA This Winter
Draft documents from the city government of Shandong Xinfa Aluminium Group’s hometown reveal that the firm may be compelled by the government to curtail a significant amount of capacity over the coming winter months. The documents, which were obtained by Reuters in draft form, were issued by the Liaocheng city government and authenticated by an […]
Hongquao’s Hometown Declares 2.5 Million MTPA in Seasonal Aluminium Capacity Cuts
The government of the Shandong city of Binzhou recently announced the closure of around 2.5 million metric tons per annum of aluminium smelting capacity over the coming winter months. Although the city is the home base of world’s leading aluminium producer China Hongqiao Group, the document, which was obtained by Reuters and authenticated by an […]
More Capacity Cuts Could Be On the Horizon for China’s Aluminium Sector
Experts are expecting the other shoe to fall after suspending the construction of two million metric tons per annum in aluminium smelting capacity in China’s far west. The closure of smelters run by Xinjiang East Hope Ferrous Metals Co. Ltd., Xinjiang Qiya Energy Aluminium Electric Co. Ltd., and Xinjiang Jiarun Resources Co. Ltd. on April […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
