Aluminum regains hope on the reopening of closed plants

Even with the 23 percent growth rate of zinc production in the Gulf region, the temporary shutdown and closures of aluminum plant all over the world has highly affected the production rate of aluminum, sinking it down lower than the production rate submitted in January.

Since the beginning of the year, 2012, the production of aluminum outside the China has fallen lower by 1.61 million tonnes, which occurred due to the collective closures of western aluminum miners due to the decline in the price of aluminum.

Anyways the further chances of decline in aluminum production are slowly fading out. The motivation to cut back on the production is also declining. There is also news about the reopening of the European based smelter, the Adelel aluminum plant which is located in the Netherlands. Hopes are high that the reopening of plant may boost the overall aluminum production.

Now South America is the only region left behind which is lacking in aluminum production. This decline in production is mainly due to lowering aluminum production in Brazil, the country which had the hardest impact on increase of energy charges and also the decline in the price of aluminum. And the last aluminum0plant which has announced its closure related to the decline in the aluminum price, was the Ouro Preto aluminum smelter which was operated by the Novelis.

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