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