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Home / Metal News / Hongchuang Holding to build 200,000 mt sec aluminium project

Hongchuang Holding to build 200,000 mt sec aluminium project

Aug 22, 2019 10:39

Source:SMM

Construction of the first stage of 100,000 mt of capacity will begin in Nov and last for three months

SHANGHAI, Aug 22 (SMM) – Shandong Hongchuang Aluminum Industry Holding said on late Wednesday August 21 that it will build a secondary aluminium project with annual capacity of 200,000 mt to improve its supply chain.

The two-stage project requires about 150 million yuan of investment and locates in Binzhou of Shandong province.

Construction of the first stage of 100,000 mt of capacity will begin in November and last for three months.

Hongchuang Holding

Secondary aluminium

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Operating rates at secondary aluminium producers stood at 59.56% in May, down 5.44 percentage points month on month, but up 10.87 percentage points year on year.

Jun 23, 2021 10:34

Analysis

Operating rates at secondary aluminium plants continued to decline in May

Operating rates at secondary aluminium producers rose to 62.65% in December

Operating rates at secondary aluminium producers rose slightly by 0.23 percentage point to 62.65% in November. This was down 3.35 percentage points from a year earlier.

Jan 19, 2021 16:02

Analysis

Operating rates at secondary aluminium producers rose to 62.65% in December

Secondary aluminium operating rates surged to 59.6% in September

Operating rates at secondary aluminium makers gained 6.6 percentage points on the month to surge to 59.6% in September, down 1.1 percentage points year on year. Imports of scrap aluminium decreased due to less quotas, and output of domestic scrap aluminium also shrank amid the COVID-19 pandemic.

Oct 23, 2020 10:30

Analysis

Secondary aluminium operating rates surged to 59.6% in September

Operating rates across secondary aluminium producers higher in Nov

Demand from downstream automakers increased at year-end

Dec 13, 2019 14:32

Analysis

Operating rates across secondary aluminium producers higher in Nov

Operating rates across secondary aluminium producers rebound in Jul

Orders at die-casting mills improved, especially in the second half of Jul

Aug 16, 2019 13:39

Analysis

Operating rates across secondary aluminium producers rebound in Jul

Demand recovery to bolster prices of sec aluminium in Sep

SMM believes that secondary aluminium prices have bottomed out

Aug 12, 2019 13:31

SMM Comments

Demand recovery to bolster prices of sec aluminium in Sep

Limited buyers, market volatility to deter inflows of seaborne ADC12

Prices of aluminium scrap overseas slipped, lowering the ratio of secondary aluminium overseas prices to domestic prices

Jun 24, 2019 11:48

SMM Insight

Limited buyers, market volatility to deter inflows of seaborne ADC12

Weak demand lowers operating rates across secondary aluminium producers in May

Rate dropped 4.6 percentage points Apr, and 4.2 percentage points from a year ago to stand at 53.73% in May

Jun 13, 2019 17:57

SMM Insight Analysis

Weak demand lowers operating rates across secondary aluminium producers in May

Poor demand erodes Sep's operating rates at secondary aluminium producers

Rates averaged 58.25% last month, down 5.05 percentage points from 2017

Oct 17, 2018 10:36

Analysis

Poor demand erodes Sep's operating rates at secondary aluminium producers

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Hongchuang Holding to build 200,000 mt sec aluminium project

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