SMM Alert: East Hope Output Cut Fuels Surge in SHFE Aluminum

Published: Jul 3, 2017 10:35
SHFE aluminum shot up this morning following news on massive aluminum output cut at Xinjiang East Hope Nonferrous Metals Co.

SHANGHAI, Jul. 3 (SMM) – SHFE aluminum shot up this morning following news on massive aluminum output cut at Xinjiang East Hope Nonferrous Metals Co.

Aluminum Prices to Run Out of Steam This Week, SMM Predicts

The company shut down 33 electrolytic cells on July 1 and future cuts are still uncertain. 

SMM will closely track the latest development surrounding production cuts at the company.   

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SMM Alert: East Hope Output Cut Fuels Surge in SHFE Aluminum - Shanghai Metals Market (SMM)