Watch Out for Restarts at Aluminum Smelters in China, SMM Warns

Published: Jun 21, 2017 14:00

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SMM learned that many aluminum smelters in China are starting to bring idled capacity back into operation.

SHANGHAI, Jun. 21 (SMM) – SMM learned that many aluminum smelters in China are starting to bring idled capacity back into operation.

Those smelters include Gansu Dongxing Aluminum, Yunnan Qujing Aluminum, etc. Capacity restarts total nearly 500,000 tonnes.

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With supply already in surplus and softening consumption, these production resumptions will put downward pressure on aluminum prices, SMM warns.

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China aluminum capacity

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

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