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China Aluminum Stocks Grow Slower After Hitting Nearly 5-Year High, SMM Says
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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