About $490 Million Aluminum Related Projects to Settle in Shandong

Published: Sep 22, 2015 13:31

Save

The government of Binzhou City, Shandong Province, recently signed three aluminum related projects whose total investment is up to 3.1 billion yuan ($490 million), local media reported.

SHANGHAI, Sept. 22 (SMM) – The government of Binzhou City, Shandong Province, recently signed three aluminum related projects whose total investment is up to 3.1 billion yuan ($490 million), local media reported.

These three projects are: 1.2 million-tpy prebaked anode project in Huimin County, 60,000-tpy aluminum wafer and other aluminum alloy flat-rolling project in Zouping County, and high-end aluminum alloy wheel project in Binzhou Economic & Technological Development Zone.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China aluminum processing capacity shandong aluminum processing capacity

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

21 mins ago

SHFE: Cast Aluminum Alloy Warrants Up 268 mt to 36,682 mt on June 16

[SMM Flash News] SHFE data showed that on June 16, total registered warrants for cast aluminum alloy stood at 36,682 mt, an increase of 268 mt from the previous trading day. Among them, Shanghai had 3,406 mt (up 509 mt), Guangdong 6,346 mt (down 211 mt), Jiangsu 7,867 mt (up 61 mt), Zhejiang 12,331 mt (down 31 mt), Chongqing 5,887 mt (down 60 mt), and Sichuan 845 mt (unchanged).

21 mins ago

58 mins ago

Data: SHFE, DCE market movement (Jun 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Jun , 2026

58 mins ago

2 hours ago

SMM ADC12 Price Drops to 24,100 Yuan/mt Amid Weak Aluminum Market and Tight Scrap Supply

[SMM Aluminum Alloy Daily Review] The SMM ADC12 average price was reported at 24,100 yuan/mt today, down 100 yuan/mt from the previous trading day. During the day, both aluminum futures and aluminum prices weakened, dragging on the ADC12 price to some extent. However, structural issues such as tight tax invoices and difficulties in purchasing compliant aluminum scrap have not eased, keeping enterprises' production costs under continuous pressure and providing some support to spot ADC12 prices. Overall, the current ADC12 market presents a pattern of "strong cost support, weak demand follow-up". In the short term, the downside room for prices is limited, but there is also a lack of sufficient driving force for an upward breakout. Prices are expected to move sideways.

2 hours ago