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Home / Metal News / What’s Aluminum Capacity Swap Policy? SMM Reports 

What’s Aluminum Capacity Swap Policy? SMM Reports 

iconMay 16, 2017 16:21
Source:SMM
China rolled out a capacity swap program for aluminum industry in a bid to tackle severe overcapacity in the industry. 

SHANGHAI, May 16 (SMM) – China rolled out a capacity swap program for aluminum industry in a bid to tackle severe overcapacity in the industry. 

Under this program, any new project will only be approved by being “swapped” with an
eliminated project of the same capacity.

In principle, new aluminum projects are not allowed under any other name. 

Aluminum Stocks Tumble in China Major Markets, SMM Reports
 
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aluminum capacity swap
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