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Home / Metal News / Falling Coal Prices Cut Power Costs at China Aluminum Smelters

Falling Coal Prices Cut Power Costs at China Aluminum Smelters

May 26, 2015 16:39

Source:SMM

Continuous coal price fall has further cut power costs at Chinese aluminum smelters using captive power, SMM has learned.

SHANGHAI, May 26 (SMM) – Continuous coal price fall has further cut power costs at Chinese aluminum smelters using captive power, SMM has learned.

The Bohai-Rim Steam-Coal (5,500 Kcal) Price Index (BSPI) fell for 19 weeks running to 414 yuan ($67) per tonne as of May 22.

As much as 70% of the country’s operational aluminum capacity relies on captive power, with the rest 30% using on-grid power, SMM statistics found.

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