Rusal Sees Additional Massive Aluminum Closures in China Before End of 2017

Published: Jul 28, 2017 10:39

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Apart from already shutdowns of illegal aluminum capacity under operation and construction, Rusal estimated that more capacity will be closed in China by the end of this year.

SHANGHAI, Jul. 28 (SMM) – Apart from already shutdowns of illegal aluminum capacity under operation and construction, Rusal estimated that more capacity will be closed in China by the end of this year.

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China is likely to close another 2-3 million tonnes of operating aluminum capacity by the end of this year, Rusal predicted in its latest quarterly report.

Aluminum Stocks Grow Sharply in China Major Markets, SMM Says

Winter cuts required by Chinese government may result in an annualized production loss of 1.2 million tonnes, Rusal estimates.

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