Most popular aluminum producers shut down electrol

Several aluminum producers shut down electrolytic aluminum production capacity

yesterday, pull-out strength Aluminum Corporation of China announced that it would temporarily shut down electrolytic aluminum production capacity of about 380000 tons. Recently, like Chinalco, Yunnan Aluminum, Xinheng group and other aluminum companies have announced production cuts

yesterday, Chinalco announced the temporary shutdown of electrolytic aluminum production capacity of about 380000 tons. Recently, like Chinalco, many aluminum companies, such as Yunnan Aluminum's level 5.0.5 and level 1 precision experimental machines and Xinheng group, announced production cuts

Chinalco temporarily shut down 380000 tons of production capacity

the announcement of Chinalco said that some of the company's electrolytic aluminum production lines implement flexible production, involving the temporary shutdown of electrolytic aluminum production capacity of about 380000 tons. It is understood that Yunnan Aluminum Co., Ltd. has also recently announced that it will stop production and carry out energy-saving technological transformation of its four electrolytic aluminum production series, and plans to reduce production by 150000 tons. In addition, Xinheng group also plans to reduce production by 120000 tons, while Qujing aluminum of Dongyuan Coal Group has shut down 150000 tons of electrolytic aluminum production capacity in the first quarter of this year

serious overcapacity of domestic electrolytic aluminum

it is reported that the excess of alumina and electrolytic aluminum in China is an indisputable fact. According to the statistics of China Nonferrous Metals Industry Association, in 2012, China's electrolytic aluminum production capacity reached 26million tons, the actual output was 20.27 million tons, and the capacity utilization rate was 78%, which has been the highest utilization rate of electrolytic aluminum production capacity since 2008. Statistics show that the output of electrolytic aluminum in April this year was 1.707 million tons, an increase of 9.96% year-on-year. Li Xun, my non-ferrous analyst, told me that the year-on-year increase in output was mainly due to the new production capacity of some smelters, such as Shaanxi Tongchuan aluminum, Oriental hope, Xinjiang Qiya, etc

Li Xun said that recently, the aluminum price has been below the cost line, and most smelters convert the electrolytic aluminum capacity into downstream products for sale. He said that the transformation of smelters in deep processing can play a certain role in alleviating the contradiction between supply and demand, but should not be overly optimistic. Some insiders also pointed out that electrolytic aluminum is a pillar industry in some regions. After the production reduction of enterprises, GDP, taxes, employment, etc. may be hit hard

aluminum we hope to share our research results in this field. The loss of smelting enterprises has reached 31.7%

in recent years, the international aluminum price has been declining, while the electricity price, which accounts for 5% of the production cost, has been rising. Overcapacity has led to the intensification of vicious competition and the overall loss of the industry. According to the statistics of China Nonferrous Metals Industry Association, in 2012, 89 of the 281 aluminum smelting enterprises above Designated Size lost money, with a loss of 31.7%, and the number of loss making enterprises increased by 28 year-on-year; The loss of aluminum smelting loss making enterprises was 11.35 billion yuan, accounting for 35.4% of the loss making enterprises of non-ferrous metal enterprises above designated size

as the industry leader of gb/t 14370 (2) 000 anchors, clamps and connectors for prestressed tendons, Aluminum Corporation of China suffered a huge loss of 8.234 billion yuan last year, a sharp decrease compared with the net profit of 238 million yuan in 2011. In the first quarter of this year, its loss was nearly 1billion yuan, and the company began to frequently dispose of its aluminum assets