Shanxi Criticized by Ministry of Environmental Protection for Approving Illegal Aluminum Project

Published: Aug 1, 2017 12:53
Shanxi Development & Reform Commission violated laws for putting Shanxi Chalco Huarun’s aluminum project under file in January this year without confirmation of capacity swap program.

SHANGHAI, Aug. 1 (SMM) – Shanxi Development & Reform Commission violated laws for putting Shanxi Chalco Huarun’s aluminum project under file in January this year without confirmation of capacity swap program, central environmental protection inspection team said. 

China Aluminum Stocks Hit Record High, SMM Reports

The project has an annual capacity of 500,000 tonnes. 

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

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

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

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Inventory Buildup Sends Aluminum Prices Slightly Lower; Spot Aluminum in the Doldrums with Adjustments [SMM South China Spot Aluminum Daily Review]
4 mins ago
Inventory Buildup Sends Aluminum Prices Slightly Lower; Spot Aluminum in the Doldrums with Adjustments [SMM South China Spot Aluminum Daily Review]
Read More
Inventory Buildup Sends Aluminum Prices Slightly Lower; Spot Aluminum in the Doldrums with Adjustments [SMM South China Spot Aluminum Daily Review]
Inventory Buildup Sends Aluminum Prices Slightly Lower; Spot Aluminum in the Doldrums with Adjustments [SMM South China Spot Aluminum Daily Review]
4 mins ago
SHFE Aluminum Futures Sideways, Central China Market Sluggish Amid Low Restocking Interest
1 hour ago
SHFE Aluminum Futures Sideways, Central China Market Sluggish Amid Low Restocking Interest
Read More
SHFE Aluminum Futures Sideways, Central China Market Sluggish Amid Low Restocking Interest
SHFE Aluminum Futures Sideways, Central China Market Sluggish Amid Low Restocking Interest
Today, SHFE aluminum futures moved sideways with adjustments, while trading sentiment in the central China market remained sluggish. At the start of the week, downstream processing enterprises showed limited willingness to restock, having already made substantial purchases at previously low prices, which drove current market quotes lower. Additionally, with the holiday approaching, suppliers tended to reduce inventory and showed little inclination to hold prices firm, with only some major players maintaining high premiums. Ultimately, actual transaction prices in the central China market were around a discount of 70-100 yuan/mt against the SHFE aluminum October contract.
1 hour ago
Aug Unwrought Aluminum Alloy Imports Continued to Recover MoM, Export Growth Narrowed [SMM Analysis]
2 hours ago
Aug Unwrought Aluminum Alloy Imports Continued to Recover MoM, Export Growth Narrowed [SMM Analysis]
Read More
Aug Unwrought Aluminum Alloy Imports Continued to Recover MoM, Export Growth Narrowed [SMM Analysis]
Aug Unwrought Aluminum Alloy Imports Continued to Recover MoM, Export Growth Narrowed [SMM Analysis]
[SMM Analysis]Overall, aluminum alloy imports rose MoM for the second consecutive month in August, with import volumes continuing to recover, though they remained basically flat YoY. Exports, while still posting strong YoY growth, pulled back MoM for the second straight month, suggesting that the earlier high-growth momentum in exports has weakened somewhat.
2 hours ago