SHANGHAI, Aug. 10 (SMM) – Aluminum market is facing uncertainties due to two factors, according to Chalco’s statement filed to the Shanghai Stock Exchange.
On the one hand, aluminum industry is benefitting from government policies.
China Aluminum Output to Drop MoM in August as Cuts Outpace New Capacity, SMM Expects
On the other hand, power tariffs may push up costs.
These will lead to big volatility in aluminum market, Chalco explained.
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