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Aluminium producer China Hongqiao announces CNY 1.9 bln acquisition

China Hongqiao Group, one of the mainland’s largest aluminium producers, has announced a CNY 1.9 billion acquisition that would expand its production capacity by around 21% and allow it to generate more of its own power. The Shandong province-based and ...

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Aluminium producers seek record high premiums from Japan buyers

Two top aluminium producers are asking Japanese buyers to pay record premiums of USD 435 per tonne to USD 440 per tonne for January to March deliveries, up as much as 4.8% from the previous quarter. Two sources involved in ...

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