Soaring Aluminum Prices Force Some Processors to Suspend Production, SMM Survey

Published: Aug 17, 2017 17:57

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Some small secondary aluminum alloy producers in Henan have rejected orders and suspended production against losses arising from surging aluminum prices and aluminum scrap prices, SMM finds.

SHANGHAI, Aug. 17 (SMM) – Some small secondary aluminum alloy producers in Henan have rejected orders and suspended production against losses arising from surging aluminum prices and aluminum scrap prices, SMM finds.

Aluminum Stocks Surge in China Seven Major Markets, SMM Says

The bigger-than-expected rise in aluminum prices has incurred losses on almost all downstream processors.

Traders Flood into Aluminum Market on Growing Bullishness, SMM Reports

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Aluminum Prices

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