Zhongfu High Precision Aluminum reaches full production
2023-03-14 08:22:21 [Print]
BEIJING (Asian Metal) 14 Mar 23 - Guangyuan Zhongfu High Precision Aluminum Co., a major primary aluminum producer in southwest China, reached full operation of 500,000tpy from late last week, a source from the company reported to Asian Metal.
"We restarted all the electrolytic cells by late last week and reached full operation of 500,000tpy," said the source, adding that they might produce 35,000t in March and over 40,000t in April, with no inventory now.
With over 500 electrolytic cells and the total production capacity of 500,000tpy, they once shut down in September last year for the power shortage. They produced over 300,000t in 2022 and close to 60,000t so far this year.
Prices for primary aluminum ingot 99.7%min in east China kept at RMB18,200-18,300/t (USD2,644-2,658/t) delivered, stable from late last week. As aluminum smelters in Yunnan cut production, aluminum prices get support.
"We restarted all the electrolytic cells by late last week and reached full operation of 500,000tpy," said the source, adding that they might produce 35,000t in March and over 40,000t in April, with no inventory now.
With over 500 electrolytic cells and the total production capacity of 500,000tpy, they once shut down in September last year for the power shortage. They produced over 300,000t in 2022 and close to 60,000t so far this year.
Prices for primary aluminum ingot 99.7%min in east China kept at RMB18,200-18,300/t (USD2,644-2,658/t) delivered, stable from late last week. As aluminum smelters in Yunnan cut production, aluminum prices get support.
