METALS INSIDER:Can China regain control of its aluminium sector?

China's State Council has just published a broad-ranging plan to "revitalise" its metals production sector. [ID:nHKG55402]

The programme includes targets for closing obsolete capacity and for consolidating highly fragmented production sectors such as zinc, lead and aluminium.

However, when it comes to the light metal, aluminium, it is a highly moot point as to whether Beijing has not already lost control of its primary smelter sector.

If it has, the landscape of the global aluminium market is going to look very different going forward and a lot of assumptions as to how global supply reacts at times of boom and of bust are going to have to be rethought.

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