China plans 1% cut in aluminum capacity
Apr 12, 2013 | 02:37 PM
SHANGHAI Two months after it vowed to "vigorously" eliminate obsolete facilities, the Chinese government has laid out a plan to eliminate less than 1 percent of the countrys aluminum capacity.
China aims to idle 273,000 tonnes of outdated aluminum capacity this year, the Ministry of Industry and Information Technology (MIIT) said April 11.
The country had 27.65 million tonnes of aluminum capacity at the end of 2012, the ministry noted in a report issued Feb. 16. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.