What Drives Over 2 Mln Tonne Aluminum Capacity Expansion in China?-Shanghai Metals Market

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What Drives Over 2 Mln Tonne Aluminum Capacity Expansion in China?

Industry News 10:27:21AM Sep 09, 2015 Source:SMM

SHANGHAI, Sept. 9 (SMM) – China put online about 2.15 million-tpy new aluminum capacities during the first eight months of the year, SMM statistics showed. 

What’s behind the huge expansions when aluminum prices frequently hit new lows?

It all boils down to power advantages, SMM understands. Most of these new capacities are concentrated in west China, where power costs are comparatively lower.

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


What Drives Over 2 Mln Tonne Aluminum Capacity Expansion in China?

Industry News 10:27:21AM Sep 09, 2015 Source:SMM

SHANGHAI, Sept. 9 (SMM) – China put online about 2.15 million-tpy new aluminum capacities during the first eight months of the year, SMM statistics showed. 

What’s behind the huge expansions when aluminum prices frequently hit new lows?

It all boils down to power advantages, SMM understands. Most of these new capacities are concentrated in west China, where power costs are comparatively lower.

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