Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
03 APRIL 2020 AL CIRCLE

COVID19 Effect: Chalco may shut some aluminium production on further price fall

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Aluminium Corporation of China Limited, popularly known as Chalco, may consider carrying out maintenance or even shut some aluminium production if prices fall below its cash costs, said a company executive on Friday, April 3.

COVID19 Effect: Chalco may carry out maintenance or even shut aluminium production on further price fall

{alcircleadd}

With the weak demand for aluminium in China and also across the globe due to the outbreak of COVID19, the social inventories of primary aluminium ingot have been witnessing incessant hikes, resulting in continuous declines in aluminium prices over the past 2 months.

On Thursday, April 2, aluminium prices in Shanghai hit a more than four-year low of RMB 11,250 per tonne.

However, as far as the alumina production is concerned, Chalco’s Finance Chief Wang Jun said that there had been no change in Chalco’s production capacity for alumina. He also said the company would make necessary adjustments at an appropriate time based on alumina prices.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.