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Shanxi idles capacity.
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- Abstract:
The article reports on the plan of Shanxi Guanlu to idle its 40,000 tons of aluminium capacity which amounts to 36.4% of its entire production capacity. It notes that the move was initiated because of low prices and demand. It states the company also intends to idle its 6,000 tons of capacity used in producing high purity aluminium. The agreement of China's State Reserves Bureau with Shanxi Guanlu to purchase 20,000 tons of primary aluminium is also noted.
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