Yesterday, Chalco officially announced that they will shut down 970kt alumina capacity to ensure the benefit maximisation, or in other words to minimise “LOSSES”. As reported before, it should include the alumina refining of Chalco Shanxi, which has annual capacity of 800kt. So how terrible is the market condition now? In my personal opinion, the […]
People are talking about Shandong cutting around 2 million tons of illegal aluminum capacity. Finally, Shandong issued the formal document regards to this topic with the title Notice on the Issuance of Special Action Plan to Rectify the Illegal electrolytic aluminum industry in Shandong. This document was issued by four major departments in Shandong: Shandong […]
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