Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Language: 
Shandong Aluminum Industry to Get Government Support, SMM Reports
Jul 6, 2016 09:34Source:SMM
The government of Shandong, among China’s top three aluminum producing regions, recently released a document that will offer financial support to real economy.
SHANGHAI, Jul. 6 (SMM) –The government of Shandong, among China’s top three aluminum producing regions, recently released a document that will offer financial support to real economy.
According to the document, financial institutions are encouraged to offer timely and strong support to technical upgrade projects in traditional industries, including aluminum, steel, cement, etc. Besides, financial institutions are also guided to adopt various measures such as relending, extended loans and asset swap to help companies in traditional industries that have strong orders, famous brand, good profit, who face temporary cash tightness.
Aluminum capacity in Shandong takes up 22.5% of China’s total capacity. The latest move will help local aluminum smelters by reducing their financing costs and difficulties, SMM pointed out.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
shandong aluminum capacity
aluminum prices
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
SHFE Aluminum to Closes Lower (2016-12-22)
SHFE 1702 aluminum opened at RMB 12,885/mt and finally closed at RMB 12,800/mt.
Dec 22, 2016 17:41
SHFE Aluminum to Move Lower (2016-12-20)
LME aluminum will range at USD 1,700-1,720/mt on Tuesday and SHFE 1702 aluminum will move at RMB 12,500-12,720/mt.
Dec 20, 2016 09:49
SMM Events & Webinars
All- Apr09
NET ZERO MEA - Solar & Energy Storage
Apr 09 - 10,2025MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
- Apr09
2025 SMM (20th) Lead & Zinc Conference and Industry Expo
Apr 09 - 11,2025To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange pNanjing · Jiangsu ·China
- Apr16
CLNB 2025 (10th) China International New Energy Industry Expo
Apr 16 - 18,2025Suzhou International Expo Center, Jiangsu, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
