During the tough reforming period in China, petroleum coke, or petcoke has suffered much, with calcining plants being ordered to cut capacity or close completely. But if you talk about aluminum, you must acknowledge that petcoke is important now and in future.The process for making aluminum has not changed in decades, so if demand for aluminum is […]
Some clients have reported receiving an English translation of a document issued by the Weifang local government, announcing closures of calcining plants until March 31. The document is real and the orders to close are authentic. But there’s more to the document than what some might realize. The Weifang local government has ordered several industries […]
Do you still remember what had happened in the carbon industry last year? China’s carbon industry has been in a state of limited production since the middle of last year, at the same time as smelters were adding capacity. The resulting short supply caused prices to leap. Yet the operating rates in the industry have […]
Further to our post of about an hour ago, I just wanted to highlight one specific dot point in the new regulations about carbon companies. According to the new regulation, carbon companies who do NOT meet the standards will be ordered to close. Fair enough, but here’s the rub - carbon companies who DO meet […]
As most of you know, every year folks from around the world descend on the annual TMS convention to discuss the latest developments in petcoke, calcined coke and other raw materials. This year TMS is being held in San Diego. And each year, I run a live blog, describing the atmosphere and the […]
Since the Chinese New Year break, the spot price of aluminum has jumped to RMB14,000/t. Positive macro-economic performance and signals of limited supply overseas are pushing the future market up and gave a strong support to spot market. The recent concerns about cuts to capacity because of environmental restrictions have contributed. As aluminum production grows, demand for […]
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