7*24 Hotline：
In order to do a good job in the electrolytic aluminum industry to maintain supply and stabilize prices, and prevent malicious speculation and irrational sharp rise in aluminum prices, China Nonferrous Metals Industry Association held a video meeting of backbone electrolytic aluminum enterprises in the afternoon of August 30, 2021. Chinalco Group, Weiqiao Venture, State Power Investment, Shandong Xinfa, Oriental Hope, Jiujiang Steel Group, Henan Shenhuo, Tianshan Aluminum, Hangzhou Jinjiang, Yidian Group and other ten electrolytic aluminum enterprises to participate in the meeting, the total electrolytic aluminum production capacity of participating enterprises more than 30 million tons, accounting for more than 70% of the country's total electrolytic aluminum production capacity. The meeting reached the following three points of consensus.
First, the resolute implementation of the July 30 meeting of the CPC Central Committee Political Bureau requirements, do a good job of commodity supply and price stability, to prevent malicious speculation and irrational aluminum prices rose sharply.
Second, the third quarter into the traditional off-season consumption, construction, transportation, electricity and other key areas of demand is generally stable, the market supply and demand did not appear obvious shortage, companies will continue to protect the supply, stable market expectations.
Third, although the production factors and environmental management costs have increased, enterprises will strive to cope with the rising cost pressure by enhancing the level of resource and energy utilization, strengthening production management efficiency and other measures.
Participating enterprises agreed that aluminum prices are maintained in a reasonable range is conducive to the industry's stability, the synergistic development of the entire industry cIn order to do a good job in the electrolytic aluminum industry to maintain supply and stabilize prices, and prevent malicious speculation and irrational sharp rise in aluminum prices, China Nonferrous Metals Industry Association held a video meeting of backbone electrolytic aluminum enterprises in the afternoon of August 30, 2021. Chinalco Group, Weiqiao Venture, State Power Investment, Shandong Xinfa, Oriental Hope, Jiujiang Steel Group, Henan Shenhuo, Tianshan Aluminum, Hangzhou Jinjiang, Yidian Group and other ten electrolytic aluminum enterprises to participate in the meeting, the total electrolytic aluminum production capacity of participating enterprises more than 30 million tons, accounting for more than 70% of the country's total electrolytic aluminum production capacity. The meeting reached the following three points of consensus.
First, the resolute implementation of the July 30 meeting of the CPC Central Committee Political Bureau requirements, do a good job of commodity supply and price stability, to prevent malicious speculation and irrational aluminum prices rose sharply.
Second, the third quarter into the traditional off-season consumption, construction, transportation, electricity and other key areas of demand is generally stable, the market supply and demand did not appear obvious shortage, companies will continue to protect the supply, stable market expectations.
Third, although the production factors and environmental management costs have increased, enterprises will strive to cope with the rising cost pressure by enhancing the level of resource and energy utilization, strengthening production management efficiency and other measures.
Participating enterprises agreed that aluminum prices are maintained in a reasonable range is conducive to the industry's stability, the synergistic development of the entire industry chain, and the health and stability of the national economy. We will take the initiative to maintain the commodity market price order and create a good ecology in the industry.
hain, and the health and stability of the national economy. We will take the initiative to maintain the commodity market price order and create a good ecology in the industry.
Translated with www.DeepL.com/Translator (free version)
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