Henan town shuts secondary aluminium producers for environmental upgrading

Published: Nov 21, 2018 11:11

Save

About 50 secondary aluminium producers in Dazhou town in Henan province shut for environmental installations

SHANGHAI, Nov 21 (SMM) – Dazhou town in Henan province required all secondary aluminium producers to suspend operation to install environmental equipment, SMM learned on Tuesday November 20.

There are about 50 secondary aluminium producers in the town and most produce nonstandard products with capacity below 2,000 mt/year.

The current installation progress suggests that plants can resume output as early as December.

This round of output suspension is likely to have minimal impact on the overall secondary aluminium market amid current quiet trading liquidity and as most local plants have adequate stocks of finished goods.

Aluminium Secondary aluminium

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

2 hours ago

Macro rate hike expectations bring periodic pressure, while destocking in China provides solid bottom support [SMM Aluminum Morning Meeting Summary]

[Macro rate hike expectations bring periodic pressure, while China's destocking provides solid bottom support] Overall, aluminum prices are expected to be under pressure and consolidate in the short term, with strong support below in the medium and long term, as the market repeatedly contests within a range.

2 hours ago

[Aluminum futures under pressure, aluminum scrap remains stable and strong - SMM cast aluminum alloy morning comment]

[SMM cast aluminum alloy morning comment: Aluminum alloy futures under pressure, aluminum scrap remains stable-to-firm] Overnight, the most-traded aluminum alloy 2611 contract opened at 23,570 yuan/mt, hit a high of 23,570 yuan/mt and a low of 23,160 yuan/mt, and settled at 23,365 yuan/mt, down 355, or 1.5%.

2 hours ago

18 hours ago

Raw material strength supports rising costs while supply pressure accumulates [SMM Prebaked Anode Weekly Review]

18 hours ago