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China Aluminum Industry to Face Widespread Reshuffling 

iconMay 17, 2017 13:22
Source:SMM
Aluminum industry in China may face widespread reshuffling and more relevant policies might be released in the second half of this year.

SHANGHAI, May 17 (SMM) – Aluminum industry in China may face widespread reshuffling and more relevant policies might be released in the second half of this year after the major three aluminum producing provinces recently issued policies to crack down on illegal aluminum projects, CFi.CN reported.

Shandong, Inner Mongolia and Xinjiang have issued documents to close illegal aluminum capacity.

As of February 2017, global primary aluminum supply rose 11.1% year-on-year, while demand grew 11.5%, leaving a supply deficit of nearly 4,000 tonnes, CFi.CN added.    

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