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Home / Metal News / Chinese Aluminum Smelters Reap Huge Profit, SMM Says

Chinese Aluminum Smelters Reap Huge Profit, SMM Says

iconAug 14, 2017 10:46
Source:SMM
Aluminum smelters in China are enjoying very high profit following big gains in aluminum prices, SMM finds. 

SHANGHAI, Aug. 14 (SMM) –Aluminum smelters in China are enjoying very high profit following big gains in aluminum prices, SMM finds. 

China Aluminum Stocks to Exceed 1.8 Million Tonnes in Q1 2018, SMM Predicts
The SMM average spot aluminum price surged another 1,160 yuan/tonne on a weekly basis to 15,462 yuan/tonne in the week ending August 11. This expanded profit further to above 2,500 yuan/tonne at domestic aluminum smelters.

Weiqiao Closes Illegal Aluminum Capacity? Fact Turns Out to Be Ironic! 

Overall, aluminum costs were largely stable.

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

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