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China Releases New Aluminum Capacity Replacement Policy

iconOct 10, 2017 13:47
Source:SMM
The Ministry of Industry & Information Technology (MIIT) recently announced new policy about aluminum capacity replacement

SHANGHAI, Oct. 10 (SMM) – The Ministry of Industry & Information Technology (MIIT) recently announced new policy about aluminum capacity replacement.

Aluminum Billet Processing Fees Jump to over 3-Month High in Guangdong on Output Cuts, SMM reports

The new policy allows cross-province aluminum capacity replacement, which means local governments will no longer have the right to forbid aluminum plants from building capacity in other provinces.

Some aluminum companies, including Sichuan’s Qiya Aluminum Industry Group Co. and Chalco Fushun Aluminum Co., will get the green light to build capacity in other provinces. 

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The Ministry of Industry & Information Technology (MIIT)
aluminum
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