On April 15th, Xinjiang Changji People’s Government issued a notice on its government website with the announcement to stop Xinjiang Jiarun, Xingjiang East Hope, and Xinjiang Qiya’s illegal aluminum projects. Led by Changji’s news, soon we saw similar documents issued from four major national departments - NDRC, MIIT, MLR and MEP - on cleaning up the […]
China will launch its national carbon trading market in July. Carbon trading is a market mechanism used to reduce global carbon dioxide emissions. How to allocate the quota will directly affect the enterprise’s own operating costs and the enthusiasm of participating in the carbon market. The basic principle of carbon trading is that polluters can purchase […]
China held its “One Belt, One Road Summit” from May 14th to May 15th. It was one of the most important international events Beijing held in 2017. About 1500 delegates including 29 heads of state or government from more than 130 countries and over 70 international organisations attended. One Belt, One Road is abbreviated as […]
People are talking about Shandong cutting around 2 million tons of illegal aluminum capacity. Finally, Shandong issued the formal document regards to this topic with the title Notice on the Issuance of Special Action Plan to Rectify the Illegal electrolytic aluminum industry in Shandong. This document was issued by four major departments in Shandong: Shandong […]
Last week, with the “May Day” Labor Day ended, the market traders have returned to the market. But the holiday season did not arrive quickly enough. Aluminum prices as a whole maintained weak conditions; the Shanghai Futures Exchange aluminum main contract has not been able to break 14000 Yuan/t mark, and even tested the 13,500 yuan/t mark. […]
We issued our May pipeline report to our subscribers this Thursday. China’s total operating capacity increased to 38,239Kt in April. We all know Xinjiang took strict control on illegal capacity last month. The illegal in-construction projects have been curtailed from Xinjiang Jiarun, East Hope and Qiya. None of them cut their current operating capacity. Four smelters restarted their capacity […]
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