CHINA ALUMINIUM WEEK: Supply-side reform is driving aluminium industry - CNIA

China’s supply-side reform policies, such as illegal capacity cuts, have guided the country’s aluminium industry this year, the vice chairman of the China Nonferrous Metals Industry Association (CNIA) said at the China Aluminium Forum in Fuzhou on Wednesday November 15.

Government-initiated reforms have halted a total of 11.56 million tonnes per year of aluminium capacity in China, including 5.37 million tpy of illegal capacity and 6.19 million tpy of non-compliant aluminium capacity, Wen Xianjun told delegates at the conference. The reforms are believed to be the strictest in history, he added.
At the beginning of this year, the Chinese environmental authority said it will cut 30% of operational aluminium smelting and alumina refining capacity in two municipalities and 26 cities in Shandong, Henan, Shanxi and Hebei provinces in the winter of 2017. The winter capacity cuts started officially on November 15 and are expected to end on March 15, 2018.



Echo Ma

November 15, 2017

15:27 GMT