Shandong

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...

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Events

Local Chinese Officials Cited for Faking Numbers to Avoid Mandatory Aluminium Production Cuts

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 […]

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Hongquao’s Hometown Declares 2.5 Million MTPA in Seasonal Aluminium Capacity Cuts

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 […]

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BofAML Predicts Global Aluminium Deficit By Year’s End

BofAML Predicts Global Aluminium Deficit By Year’s End

A report from Bank of America Merrill Lynch (BofAML) Global Research predicts a global aluminium deficit by year’s end thanks in large part to capacity closures at smelters in the People’s Republic of China. The report indicates word of capacity closures totaling 4.3 million metric tons per annum at smelters in Inner Mongolia Autonomous Region, […]

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Shandong Government Orders 3.21 Million MTPA in Aluminium Capacity Shuttered

Shandong Government Orders 3.21 Million MTPA in Aluminium Capacity Shuttered

Another bite has been taken out of the People’s Republic of China’s aluminium capacity this week, as the government of the Shandong province mandated 3.21 million metric tons per annum of capacity shuttered, most of which is operated by China Hongqiao. According to a statement released yesterday but dated July 24, checks by the Shandong […]

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