[Al Cost] Falling Power Costs Cut China Aluminum Smelting Costs in July-Shanghai Metals Market

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[Al Cost] Falling Power Costs Cut China Aluminum Smelting Costs in July

Industry News 10:28:38AM Aug 03, 2015 Source:SMM

SHANGHAI, Aug. 3 (SMM) –The average cost at Chinese aluminum smelters dropped 3.57% month-on-month in July, driven by lower power costs, SMM survey showed.   

Power costs fell 7.8% compared with June. Some aluminum smelters have received preferential power tariffs due to China’s power reform. Smelters with captive power plants benefited from falling coal prices. These positive factors allowed the average power tariff at those surveyed to fall to 0.3 yuan/Kwh, down 0.045 yuan/Kwh from early June. 

Alumina cost slid 0.82% on a monthly basis. 

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


Key Words:  al cost  China aluminum costs 

[Al Cost] Falling Power Costs Cut China Aluminum Smelting Costs in July

Industry News 10:28:38AM Aug 03, 2015 Source:SMM

SHANGHAI, Aug. 3 (SMM) –The average cost at Chinese aluminum smelters dropped 3.57% month-on-month in July, driven by lower power costs, SMM survey showed.   

Power costs fell 7.8% compared with June. Some aluminum smelters have received preferential power tariffs due to China’s power reform. Smelters with captive power plants benefited from falling coal prices. These positive factors allowed the average power tariff at those surveyed to fall to 0.3 yuan/Kwh, down 0.045 yuan/Kwh from early June. 

Alumina cost slid 0.82% on a monthly basis. 

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


Key Words:  al cost  China aluminum costs