Many existing producers have shut down or curtailed output
Many existing producers have shut down or curtailed output at mines and plants as high costs and low prices bite. For full story, click here
Articles Tagged "cut"
China tackles aluminum market
The price of aluminum has slumped some 50 percent since peaking at $3,380 per tonne last July as the global economic downturn has hit demand for the metal. To kick off 2009, the aluminum market received some positive news as the metal climbed to a three-week high in Shanghai trading.
NALCO cuts aluminium price by 4 pc
State-run National Aluminium Co Ltd (NALCO) has cut its aluminium price by 4,000 rupees ($79.4) per tonne effective Thursday, its chairman said. For full story, click here
China’s smelters Cut on Costs and Prices
China’s Nonferrous Metals Industry Association said: China’s top 20 aluminum smelters, the largest in the world, have cut production by more than 350,000 metric tons on an annual basis as part of a July agreement to reduce energy consumption and boost prices. For full story, click here
