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Weekly News

2015-05-23

1. Nonferrous Industry is Reviving with the Growth of Consumption in Second Quarter

Last week, the price of nonferrous continues to increase. In Shanghai market, colored plate increased 3.57%, nickel increased 8.36%, and aluminum increased 0.87%. From April in this year, nonferrous price keeps rising, will it continues? From the point of industry, the second quarter is worthy of expecting.

2. Russia exported 911,300 tons aluminum from January to March, which increased 43% compared to last year

According to Russia custom, Russia exported 911,300 tons aluminum from January to March, which increased 43% compared to 2014.

3. Goldman Sachs claimed in a report that, China will continue to charge the larger sharing of global aluminum production, because manufactures from other country react faster to the drop of aluminum price.

4. Lowering Electricity Price Couldn’t Solve Electrolytic Aluminum Problem

To relief the management stress of industry enterprise, executive meeting of the State Council was held on Aril 8th. On this meeting, a decision was made to lower coal-fired, industry and commerce price. According to the decision by State Council, the price of electricity for industry and commerce lows 1.8 min\kilowatt-hour on average, which is greatly benefit for electronic aluminum industry.

See Also...

The Production of Primary Aluminum around the World Keeps ... Regional Cooperation in Yellow River Delta Primary Aluminum Hit a Record High
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