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Illegal Aluminum Capacity Closure at Xinfa Group Pushes Up Aluminum Rod Processing Fees, SMM Learns 
Jul 25,2017 11:12CST
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Source:SMM
Closure of illegal aluminum capacity at Xinfa Group allowed the company to ask for higher processing fees for aluminum rod, SMM learned.

SHANGHAI, Jul. 25 (SMM) – Closure of illegal aluminum capacity at Xinfa Group allowed the company to ask for higher processing fees for aluminum rod, SMM learned.

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The company closed 530,000 tonnes of illegal aluminum capacity last week, affecting its aluminum rod production. As such, the company raised processing fees for aluminum rod by 30 yuan/tonne to 426 yuan/tonne. 

Exit of Low-Cost Aluminum Capacities in China to Be Filled by Restart of High-Cost Ones, SMM Warns

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Xinfa Group
china aluminum capacity
aluminum rod processing fees

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