Hongqiao rumoured to replace 2 mtpy of outdated aluminium capacity

China Hongqiao will suspend more than 2 million tpy of existing aluminium capacity but will replace this to keep its capacity close to current levels, according to speculation.

Hongqiao had not responded to questions from Metal Bulletin about any such plans to removed out-dated capacity at the time of writing.

“It seems that [its overall capacity] will not decrease. But there are so many rumours in the market, especially after June, so I will wait...

Published

Echo Ma

August 03, 2017

12:16 GMT

Shanghai