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

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. 

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

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