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Home / Metal News / Profit Expands Further at Aluminum Smelters in China, SMM Says

Profit Expands Further at Aluminum Smelters in China, SMM Says

iconJul 31, 2017 10:43
Source:SMM
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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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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