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Power Cost Remains Biggest Concerns for Chinese Aluminum Smelters
May 5, 2016 10:43Source:SMM
Chinese aluminum smelters have reported better profit from rising aluminum prices, but power costs remains the biggest concern for them right now, SMM learns.
SHANGHAI, May 5 (SMM) – Chinese aluminum smelters have reported better profit from rising aluminum prices, but power costs remains the biggest concern for them right now, SMM learns.
Many smelters told SMM that negotiations with power plants over preferential power tariffs are still dragging on.
In fact, some smelters have expressed worries that this year’s preferential power tariffs might be higher than last year.
What Deters Many Chinese Aluminum Smelters from Restarting Capacity?
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