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