Nanshan Group Increase Capital to Expand Aluminum Alloy Bar Project

(China Aluminum Network) It is reported that Nanshan Group plans to invest further 56,200 thousand dollars (about 352,420 thousand Yuan) to aluminum alloy bar project of Nanshan America Company.

Nanshan Aluminum said besides meet self-demand this project will supply to North America market (America and Canada), to be the high quality aluminum alloy bar supplier in North America area.

The professionals stated now the aluminum bar market was behind the requirement and process cost was on the rise caused many American aluminum factories reopen casting plants or build new casting plants, which may cause future market oversupply.

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