Home / Metal News / China Hongqiao: Close Aluminium Plants as per Policies, Keeping Bearish at Price

China Hongqiao: Close Aluminium Plants as per Policies, Keeping Bearish at Price

iconNov 15, 2017 16:25
Source:SMM
Zhang Bo, CEO of China Hongqiao Group says the company has closed all aluminium plants as per requirement of local government.

SHANGHAI, Nov.15 (SMM)-Zhang Bo, CEO of China Hongqiao Group says the company has closed all aluminium plants as per requirement of local government. He says the national plan on output&capacity cuts should base on not only some companies or some projects but various factors including project quality. He keeps bearish at long-term price prospect of aluminium and confident in supply-side reform and demand prospect.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Aluminium

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news