China shut 730,000 mt of aluminium capacity in Jun-Aug

SHANGHAI, Aug 30 (SMM) – High costs and relatively low prices of aluminium shut some 730,000 mt of primary aluminium capacities across China during June-August, SMM research found.

Capacities belonged to five aluminium manufacturers, including Shaanxi Tongchuan Aluminum, Lanzhou Liancheng Aluminium and Shandong Zouping Aluminium.

Data also showed that about 900,000 mt of primary aluminium capacities have been permanently shut so far this year.