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Guangxi Yinhai Aluminium cuts total capacity by 190,000 mt/year
Edited by : AL CIRCLE
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China's Guangxi Yinhai Aluminium has slashed its total primary smelting capacity of 450,000 mt/year by about 190,000 mt/year on the back of prevailing power shortages, a company source said Friday.
The South Central Chinese producer had cut capacity by 50% at its 200,000 mt/year plant in Baise city by September 18, which was then followed by a near 40% cutback at its 250,000 mt/year plant in Laibin city.
The producer had received notice of power cuts in August, and started gradually shutting down potlines in mid-September, after orders were issued by the government last week to effect the cutbacks.
The South Central Chinese producer had cut capacity by 50% at its 200,000 mt/year plant in Baise city by September 18, which was then followed by a near 40% cutback at its 250,000 mt/year plant in Laibin city.
The producer had received notice of power cuts in August, and started gradually shutting down potlines in mid-September, after orders were issued by the government last week to effect the cutbacks.
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