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Home / Metal News / Report: Anhui Meixin starts construction of aluminium foil project

Report: Anhui Meixin starts construction of aluminium foil project

Nov 29, 2018 14:26

Source:SMM

Construction began in Suixi county of Anhui province on Nov 25

Construction of Anhui Meixin Aluminium’s aluminium foil project began in Suixi county of Anhui province on November 25.

With total investment of 1.42 billion yuan, the two-phase project will produce 72,000 mt of high-precision aluminium foil per year.

It is expected to take two years to build the first phase of the project with capacity of 40,000 mt. Construction of the second phase would begin in 2020 and take about three years.

Aluminium

Aluminium foil

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SHFE nonferrous metals broadly closed higher across the board on Monday July 5.

Jul 5, 2021 18:00

SMM Comments

SMM Evening Comments (Jul 5): Shanghai nonferrous metals rose across the board, aluminium advanced 2.97%

Aluminium foil companies maintained low inventories, food packaging foil to be a new bright spot

The average weighted operating rate of Chinese aluminium foil producers was 87.08% in May, down 1.21 percentage points month on month, but up 3.22 percentage points year on year.

Jun 17, 2021 15:03

Analysis

Aluminium foil companies maintained low inventories, food packaging foil to be a new bright spot

SMM Evening Comments (Jun 3): Shanghai nonferrous metals declined for the most part, nickel advanced 0.07%

SHFE nonferrous metals broadly fell on Thursday June 3 as investors reacted to data releases in China.

Jun 3, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 3): Shanghai nonferrous metals declined for the most part, nickel advanced 0.07%

Operating rates at aluminium processors rose slightly on recovering rigid demand, it takes time for downstream producers to accept high aluminium prices

Operating rates across major aluminium processors rose slightly last week as they had to accept high aluminium prices to deliver orders. End-users find it difficult to accept current high aluminium prices. As some end-users adopt quarterly or semi-annual pricing, high aluminium prices will not pass through to end-users until they complete Q2 pricing.

Mar 23, 2021 13:28

SMM Insight Analysis

Operating rates at aluminium processors rose slightly on recovering rigid demand, it takes time for downstream producers to accept high aluminium prices

Aluminium processors resumed production rapidly after CNY

SMM has surveyed 41 aluminium processing enterprises across 12 provinces. Operating rates across major aluminium processors increased 19 percentage points from a week ago to 60.1% last week.

Mar 2, 2021 10:37

SMM Insight Analysis

Aluminium processors resumed production rapidly after CNY

SMM Morning Comments (Aug 4): Shanghai base metals broadly declined

Shanghai base metals were mostly lower on Tuesday, failing to hold onto overnight gains.

Aug 4, 2020 10:27

SMM Comments

SMM Morning Comments (Aug 4): Shanghai base metals broadly declined

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SHEF nonferrous metals traded mostly lower in overnight trading. Copper declined 0.2%, lead and nickel fell 0.3% and tin slumped 1.3%, while aluminium advanced 0.1% and zinc rose 0.4%.

Jul 31, 2020 10:12

SMM Comments

SMM Morning Comments (Jul 31): Base metals mostly higher as China factory recovery accelerated

Primary aluminium ingot inventories in China expanded 10,000 mt on week

Primary aluminium ingot inventories in China rose slightly this week, with Shanghai and Guangdong the major contributors.

Jul 30, 2020 15:59

Analysis

Primary aluminium ingot inventories in China expanded 10,000 mt on week

SMM Morning Comments (Jul 28): Base metals broadly rose; Shanghai tin soared 6%

Nonferrous metals on the LME and SHFE moved substantially higher across the board on Tuesday morning, as the US dollar remained weak.

Jul 28, 2020 09:45

SMM Comments

SMM Morning Comments (Jul 28): Base metals broadly rose; Shanghai tin soared 6%

Primary aluminium inventories rose 4,000 mt over weekend

Social inventories of primary aluminium ingots in China rose over the weekend, growing concerns that the inventory downtrend beginning from late March would end soon.

Jul 20, 2020 11:12

Analysis

Primary aluminium inventories rose 4,000 mt over weekend

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Report: Anhui Meixin starts construction of aluminium foil project

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