Shandong to Ban New Aluminum Capacity by 2020 in Favor of Aluminum Processing-Shanghai Metals Market

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Shandong to Ban New Aluminum Capacity by 2020 in Favor of Aluminum Processing

Industry News 02:31:49PM Sep 01, 2015 Source:SMM

SHANGHAI, Sept. 1 (SMM) – Shandong Province, one of China’s major aluminum producing regions, vows to ban new aluminum capacity by 2020 and focus on high value-added aluminum products, cnmn. com reported.

Aluminum capacity in the province totals 9.33 million tonnes, while aluminum production is 6.72 million tonnes, leaving an utilization rate of 72.02%, cnmn.com added. 

In response to overcapacity, local aluminum smelters are setting foot into higher value-added products, such as aluminum semis used in aircrafts and cars. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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


Shandong to Ban New Aluminum Capacity by 2020 in Favor of Aluminum Processing

Industry News 02:31:49PM Sep 01, 2015 Source:SMM

SHANGHAI, Sept. 1 (SMM) – Shandong Province, one of China’s major aluminum producing regions, vows to ban new aluminum capacity by 2020 and focus on high value-added aluminum products, cnmn. com reported.

Aluminum capacity in the province totals 9.33 million tonnes, while aluminum production is 6.72 million tonnes, leaving an utilization rate of 72.02%, cnmn.com added. 

In response to overcapacity, local aluminum smelters are setting foot into higher value-added products, such as aluminum semis used in aircrafts and cars. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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