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Most aluminium smelting stock down
- China Aluminium Network
- Post Time: 2005/7/22
- Click Amount: 653
By 10: 30, most stocks in the section of aluminium smelting was sliding, including Ningbo Fubang, Jiaozuo Wanfang, Nanshan Aluminium, Zhongfu Industry, Chalco, etc, down 6.88%, 3.06%, 1.38%, 1.22% and 1.13% in respective.
Analyst indicates that the oversupplied electrolytic aluminium market encounters another dilemma—constant rise of costs such as electric, which further shrink the margin of companies.
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