SHANGHAI, Aug. 8 (SMM) – Shandong Development & Reform Commission recently issued Shandong 2017 Coal Consumption Reduction Work Action Program.
Chinese Aluminum Smelters Report Higher Profit and to See Costs Fall, SMM Reports
According to the program, Weiqiao Pioneering Group and Xinfa Group were ordered to shut down 2.68 million tonnes and 530,000 tonnes, respectively, of illegal aluminum capacity before the end of July 2017.
When Will China Aluminum Stocks Peak After Hitting Record High? SMM Reports
Meanwhile, these two companies were also required to shut down coal-fired power generating units built in support of these illegal aluminum capacities.
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