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Home / Metal News / Chalco Warns of Uncertainties in China Aluminum Market 

Chalco Warns of Uncertainties in China Aluminum Market 

iconAug 10, 2017 11:23
Source:SMM
Aluminum market is facing uncertainties due to two factors, according to Chalco’s statement filed to the Shanghai Stock Exchange. 

SHANGHAI, Aug. 10 (SMM) – Aluminum market is facing uncertainties due to two factors, according to Chalco’s statement filed to the Shanghai Stock Exchange. 

LME Aluminum Hits Over 2-Year High after Higher-than-Expected Cut Rumor at Weiqiao Group, SMM Reports

On the one hand, aluminum industry is benefitting from government policies.

China Aluminum Output to Drop MoM in August as Cuts Outpace New Capacity, SMM Expects

On the other hand, power tariffs may push up costs. 

These will lead to big volatility in aluminum market, Chalco explained.  

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.

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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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