China starts 2 new aluminum projects in northwest

It is reported that 2 galvanized aluminum projects have started operation in China's northwest.

As per report, one of the projects, located in the Xinjiang Autonomous Region has an annual capacity of 400,000 tonnes and is owned by Xinfa Group.

The other in the Ningxia Autonomous Region has an annual capacity of 370,000 tonnes and is owned by Hangzhou Jinjiang Group.

But whether the 2 projects will reach full capacity by the end of this year depends on the direction of aluminum prices. However, an estimated 300,000 tonnes of galvanized aluminum capacity should be brought online.