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Home / Metal News / Potential Surplus from Aluminum Capacity Cuts to Weigh on Alumina Prices, SMM Warns 

Potential Surplus from Aluminum Capacity Cuts to Weigh on Alumina Prices, SMM Warns 

iconJul 17, 2017 16:17
Source:SMM
Massive aluminum capacity cuts might trigger oversupply in alumina market in the short term and thus put downward pressure on alumina prices, SMM expects.

SHANGHAI, Jul. 17 (SMM) – Massive aluminum capacity cuts might trigger oversupply in alumina market in the short term and thus put downward pressure on alumina prices, SMM expects.

Tug-of-War between Australian Alumina Suppliers and Chinese Buyers, SMM Reports

Weiqiao Group cut aluminum capacity by 480,000 tonnes last week, and it is said Shandong will slash aluminum capacity by 2 million tonnes. The government may take a tougher attitude toward capacity cuts than expected, boding ill for alumina market, SMM explained. 

Profit Expands Sharply at Chinese Aluminum Smelters, SMM Says

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Alumina prices
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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