China Hongqiao Group to restart aluminium production as shorter set of winter output cut expires
Chinese state-owned company China Hongqiao Group announced on Friday, February 1, that it would gradually recommence aluminium production from some of its pots after the shorter set of winter output curbs expired on January 31, 2019.
During the winter heating season in November 2018, China Hongqiao Group was asked to close up its annual aluminium smelting capacity. The city of Binzhou in Shandong province, where all of Hongqiao’s 6.46 million tonnes per year of aluminium capacity is located, reportedly listed pot closures at five Hongqiao smelting facilities in a document outlining winter restrictions.
Some of the closures which had a total production capacity of 8.5 per cent of that of Hongqiao’s were to cut production for December and January instead of the full four-months winter heating season (mid-November’18 to mid-March’19).
In a statement to Reuters, the company said it would take around four months, until June, to fully resume production from the pots now being restarted. Around 100,000 tonnes of aluminium production had been affected by the winter cuts, it added.
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