Guangxi Yinhai Aluminium Considers Cutbacks in Weak Market

(China Aluminium Network) Guangxi Yinhai Aluminium is considering further cutbacks in its smelter operations in the near term as weak market conditions prevail, a company source said Thursday.

"We may even shut down operations totally, it all depends. Management is reviewing it now and a decision is likely to be made in January before Lunar New Year," he said.

Guangxi Yinhai operates two smelters in South China with a combined primary aluminum smelting capacity of 450,000 mt/year. It has cut back about 50% of total capacity since September after receiving notice of power cuts in the region in August.

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