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Home / Metal News / Chinese Aluminum Smelters Report Higher Profit and to See Costs Fall, SMM Reports 

Chinese Aluminum Smelters Report Higher Profit and to See Costs Fall, SMM Reports 

iconAug 7, 2017 11:37
Source:SMM
Profit at aluminum smelters in China continued rising and their costs will fall in the future, SMM noted.

SHANGHAI, Aug. 7 (SMM) – Profit at aluminum smelters in China continued rising and their costs will fall in the future, SMM noted.

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Rising aluminum prices have expanded the average profit further to above 1,300 yuan/tonne at smelters, SMM statistics showed. 

SMM Data: China Aluminum Output Jumps in July

Steadily rising prebaked anode prices added to aluminum costs slightly. However, aluminum costs will drop in the short term since alumina prices are at risks of further decline from aluminum capacity cuts. 

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

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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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