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Home / Metal News / Rising Costs Squeeze Profit at Chinese Aluminum Smelters, SMM Says

Rising Costs Squeeze Profit at Chinese Aluminum Smelters, SMM Says

iconOct 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.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.  
 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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