Rising Costs Squeeze Profit at Chinese Aluminum Smelters, SMM Says

Oct 24, 2016 10:00

Source:SMM

Steadily rising alumina and coal prices have significantly added to costs at aluminum smelters in China, SMM learned.

SHANGHAI, Oct. 24 (SMM) – Steadily rising alumina and coal prices have significantly added to costs at aluminum smelters in China, SMM learned.

The average profit dropped to around 900 yuan per tonne at Chinese aluminum smelters surveyed by SMM in the week ending October 21.

China Aluminum Stocks to Remain at Multi-Year Low, SMM Expects
Alumina cost alone increased around 200 yuan per tonne, SMM data showed.
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Rising Costs Squeeze Profit at Chinese Aluminum Smelters, SMM Says

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