SHANGHAI, Aug. 9 (SMM) –The recent round of coal price rises have further widened cost differences between aluminum smelters in west and east China, SMM learns.
Power tariffs average 0.14 yuan/kwh in Xinjiang, which is 0.08 yuan/kwh lower than in Shandong, saving power costs at aluminum smelters in Xinjiang by 1,088 yuan/tonne compared with their rivals in Shandong.
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Rising coal prices have pushed captive power costs up over 9% at aluminum smelters in Shandong, Henan, etc. By contrast, aluminum smelters in Inner Mongolia and Xinjiang and some smelters that use on-rigid power reported no big increase in power costs, SMM learned.
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