11 APRIL 2016Shanghai Metals Market
Henan aluminium processing industry reports production and sales boom
Edited by : AL CIRCLE
1 min read
Aluminium processing industry in Henan Province, among China’s top three aluminium producing regions, reported production and sales boom in the first quarter of this year, local media reported.
Yidian Holding Group posted notable output growth, and its sales of aluminium plate/sheet, strip and foil soared 48 per cent year-on-year to nearly 110,000 tonnes in Q1, yielding over 20 million yuan profit. The company set output target at 460,000 tonnes and profit target at 350 million yuan in its aluminium processing business this year.
Henan Zhongfu Industrial High-Precision Aluminium Co. produced 7,847 tonnes of cold-rolled aluminium products in March, a new record high. The company reported marked month-on-month fall in production costs, and power consumption, etc. Wanji Holding Group’s Aluminium Processing Company produced 9184.28 tonnes of cold-rolled aluminium products in March, also a new record high. The company reported growth in orders and exports.
Yidian Holding Group posted notable output growth, and its sales of aluminium plate/sheet, strip and foil soared 48 per cent year-on-year to nearly 110,000 tonnes in Q1, yielding over 20 million yuan profit. The company set output target at 460,000 tonnes and profit target at 350 million yuan in its aluminium processing business this year.
Henan Zhongfu Industrial High-Precision Aluminium Co. produced 7,847 tonnes of cold-rolled aluminium products in March, a new record high. The company reported marked month-on-month fall in production costs, and power consumption, etc. Wanji Holding Group’s Aluminium Processing Company produced 9184.28 tonnes of cold-rolled aluminium products in March, also a new record high. The company reported growth in orders and exports.
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