Chengdu's aluminium die-casting firm sees lower operating rate in Apr

Published: Apr 4, 2018 16:13

Save

An aluminium die-casting company in Chengdu city expects its operating rate in April to be about 60%, sources told SMM.

SHANGHAI, Apr 4 (SMM) – An aluminium die-casting company in Chengdu city expects its operating rate in April to be about 60%, sources told SMM. This would be lower than the level seen during the same month last year, they added.

The firm had declined 70% of the orders from Europe in the first quarter, due to lower export margins resulted from higher labour costs and output cut on environmental protection measures, SMM learned.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

aluminium die-casting operating rate

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

15 hours ago

Anhui Haoyuan Aluminum Plans 100kt Aluminum Project, Awaits Environmental Approval

Anhui Haoyuan Aluminum Technology Co., Ltd. plans to construct the "Annual Output of 100kt Aluminum-based Materials and Deep Processing Technical Renovation Project," which is currently in the pre-approval public announcement stage for the environmental impact report and public participation explanation.

15 hours ago

South32 to Sell Aluminum Assets to Alcoa for Up to $5.6 Billion

South32 Ltd. (S32.AU) will sell aluminum assets to Alcoa, in a deal valued at up to $5.6 billion.

15 hours ago

Luoyang Wanji Aluminum Expands Foil Capacity, Enters Trial Production with Advanced Equipment

On the morning of June 30, the 20,000 mt aluminum foil capacity expansion project of Luoyang Wanji Aluminum Processing Co., Ltd. reached a key construction period. The No. 5 and No. 6 aluminum foil rolling mills successfully completed strip threading and trial runs, with all equipment operating parameters stable and commissioning results meeting standards, marking the project’s official entry into the trial production stage. The project involves a total investment of about 200 million yuan and is equipped with two 2,000 mm four-high aluminum foil rolling mills, two 2,000 mm vertical slitting machines, one intelligent digital roll grinder, ten aluminum foil annealing furnaces, and a complete full-oil recovery system, among other intelligent supporting equipment. The overall software and hardware configuration fully achieves digital and intelligent upgrades. After completion and reaching full production, the project will add 20,000 mt per year of high-end aluminum foil capacity, bringing the company’s total aluminum foil capacity to over 50,000 mt.

15 hours ago