Production reduction in some smelting plants not enough to support Chinese aluminum ingot price
2013-04-12 18:47:48 【Print】
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Most of Chinese aluminum smelting plants suffer losses due to low aluminum ingot price and high production cost
. Thus some of them cut production since the third quarter of 2012 . Some more smelting plants also started to cut production in March . However, total Chinese primary aluminum production did not reduce, because the operation of new smelting capacities stabilized gradually . Thus, production reduction in some smelting plant is still far from enough to support aluminum ingot price .