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China To Increase Zinc, Aluminum, Cement, Steel, Ferroalloy Prices
May. 13, 2010 05:03PM PST
Base Metals Investing
The National Development and Reform Commission in China has reported power increase by restricted category firms. Such firms fall under the zinc (Zn), aluminium (Al), cement, steel, ferroalloy, calcium carbide and sodium hydroxide sectors.
Lu Youqing, vice president of Aluminium Corp of China (Chinalco) is quoted saying:
“Costs being driven up is a big problem.”
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The National Development and Reform Commission in China has reported power increase by restricted category firms. Such firms fall under the zinc (Zn), aluminium (Al), cement, steel, ferroalloy, calcium carbide and sodium hydroxide sectors.
Lu Youqing, vice president of Aluminium Corp of China (Chinalco) is quoted saying:
“Costs being driven up is a big problem.”