Henan Aluminum Processing Industry Reports Production and Sales Boom

SHANGHAI, Apr. 11 (SMM) – Aluminum processing industry in Henan Province, among China’s top three aluminum producing regions, reported production & sales boom in the first quarter of this year, local media reported. 

Yidian Holding Group posted notable output growth, and its sales of aluminum plate/sheet, strip and foil soared 48% year-on-year to nearly 110,000 tonnes in Q1, yielding over 20 million yuan profit. The company set output target at 460,000 tonnes and profit target at 350 million yuan in its aluminum processing business this year.  

Henan Zhongfu Industrial High-Precision Aluminum Co. produced 7,847 tonnes of cold-rolled aluminum products in March, a new record high. The company reported marked month-on-month fall in production costs, and power consumption, etc.   Wanji Holding Group’s Aluminum Processing Company produced 9184.28 tonnes of cold-rolled aluminum products in March, also a new record high. The company reported growth in orders and exports.   

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