News of production cut helpless to push up aluminum ingot prices
2013-08-01 10:18:18 【Print】
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A few of Chinese major primary aluminum producers claimed to reduce production after the seminar in late May
. They wanted to stimulate aluminum ingot price to rebound or stabilize for a while . However, the condition of being in great surplus will not improve even if they really cut production as they claimed to . Aluminum ingot price slid down quickly after the rebound in May and early June . Without any reformation in the industry, Chinese primary aluminum producer will stay in trouble for quite a while .