Soaring energy prices lead to more aluminum production cuts in Europe
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Update time : 2022-09-29 17:08:20
The cumulative reduced production capacity in Europe has reached around 1.538 million tons so far, accounting for 15% of the total primary aluminum production capacity in Europe.
In 2021, the European aluminum smelters cut their production by 928,000 tons due to soaring energy prices, accounting for 12.4% of the total annual output in Europe.
With the current surging energy prices, it was expected that more aluminum smelters will cut output in the fourth quarter of this year.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
