Profit Expands Further at Aluminum Smelters in China, SMM Says

Published: Jul 31, 2017 10:43

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Rising aluminum prices allowed profit at aluminum smelters in China to expand further last week.

SHANGHAI, Jul. 31 (SMM) – Rising aluminum prices allowed profit at aluminum smelters in China to expand further last week.

Will Aluminum Prices Soar from China’s “Category 7” Scrap Metal Import Ban? SMM Reports

The SMM average spot aluminum price increased 56 yuan/tonne on a weekly basis to 14,254 yuan/tonne last week. This expanded profit to 1,200-1,300 yuan/tonne at domestic aluminum smelters.

Impact on Aluminum Output to Expand as Henan Voluntarily Joins Winter Cuts

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