China Eases Power Restrictions on Aluminum Smelters

Market News

Bloomberg.com reports that China has relaxed power restrictions on Aluminum producers, which will allow them to resume production soon

Bloomberg.com reports that China has relaxed power restrictions on Aluminum producers, which will allow them to resume production soon.

The story is quoted as saying:

Resumption of production may help curb inflation and cool commodity prices, CRU said. China started to limit power to steel and aluminum plants from September to meet energy-saving targets by 2010. Local governments have yet to say when power supplies will return to normal

To access the full story, click here.

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