Aluminium section bar producers take early Chinese New Year holiday

Published: Jan 12, 2018 15:49

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Many aluminium section bar producers have stopped their production for Chinese New Year in advance due to rising costs, declining orders and compressed profits.

SHANGHAI, Jan 12 (SMM)－Many aluminium section bar producers have stopped their production for Chinese New Year in advance due to rising costs, declining orders and compressed profits. SMM learned that some companies in Shandong province would stop for 28 days starting from late January while those in Guangdong will stop for 25 days. The suspention period is longer than in previous years.

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