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Home / Metal News / Aluminum to Remain in Upward Track if China Intensifies Capacity Cuts and Environmental Crackdowns, SMM Says

Aluminum to Remain in Upward Track if China Intensifies Capacity Cuts and Environmental Crackdowns, SMM Says

iconSep 4, 2017 10:06
Source:SMM
Aluminum prices will remain in upward track if China steps up capacity cuts and environmental crackdowns, SMM expects.

SHANGHAI, Sept. 4 (SMM) – Aluminum prices will remain in upward track if China steps up capacity cuts and environmental crackdowns, SMM expects.

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Growing environmental pressure has forced many smelters in Henan and Shandong, among other regions, to close. This drove aluminum prices up. Those in Henan advanced from 14,000 yuan/tonne to 16,000 yuan/tonne.  

China Aluminum Stocks Refresh Nearly 10-Year High, SMM Says

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Aluminum prices
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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