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Home / Metal News / [Al Price] Will Aluminum Prices Rise If Production Cut Rumors Prove True

[Al Price] Will Aluminum Prices Rise If Production Cut Rumors Prove True

iconJul 20, 2015 08:39
Source:SMM
Rumors are flying around that China Power Investment Corporation will slash aluminum output by 620,000 tonnes at its three smelters by the end of July.

SHANGHAI, Jul. 20 (SMM) – Rumors are flying around that China Power Investment Corporation will slash aluminum output by 620,000 tonnes at its three smelters by the end of July. Will aluminum prices rise should such rumors turn out to be true?

These cuts, even if do occur, are insufficient to lift aluminum prices, given rapid expansions of low-cost capacity and slackening demand, SMM’s aluminum research team said. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


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For queries, please contact Michael Jiang at michaeljiang@smm.cn

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