Aluminium Corp of China (Chalco) had formed a coalition with eleven local smelters
to boost aluminium prices, Metal Bulletin reported earlier this year.
However, unlike each of the past several months, there has been no plan so far for the smelters to meet in July, and the meetings may cease for good, market sources said.
“The latest meeting of the alliance in early June didn’t end in harmony , as some smelters complained that Chalco’s own subsidiaries didn’t act on a united front,” a source said.
On June 6, the...