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China Henan Cuts Aluminum Power Supply; May Keep Capacity Idled
Edited by : AL CIRCLE
1 min read
... Reduced power supply in China's Henan province due to a coal shortage may lead to delays in bringing idled aluminum capacity back online ... "Less power would mean less production as it requires a large amount of electricity to turn alumina to (galvanized) aluminum, so if the supply shortage of thermal coal isn't solved, it will very likely take longer for smelters to bring idled capacity back online," Galaxy Securities Futures aluminum analyst Sun Lei said. ...
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