Integrated aluminum industry surging undercurrent

 July 1, according to reports, Henan and Shandong are the country's aluminum production province. Reporters learned that the two visits, whether more than one million tons of production capacity or production capacity of only a few tons of electrolytic aluminum producers, the situation for the sales have shown plenty of optimism. 

"Our sales of smooth aluminum, basically no inventory." Shandong Aluminum Weiqiao a well-known person in charge of corporate sales, said domestic aluminum production and consumption in balance, the development of aluminum industry health.

"The plasticity of aluminum, lighter weight, higher strength alloys and other characteristics of the decision in the industrial production will play an increasingly important role. Coupled with the ease of control of the 'green production', can be said that in the long run, China aluminum promising consumer market. "The person in charge.

"In the current market environment, general well-owned power plant or power to control the cost of electrolytic aluminum enterprises should all do well, the only difference is the problem Profits." One versed in the domestic aluminum industry situation, told reporters.

"In the aluminum industry, the pattern of seemingly calm, still simmering." Vote in the country, said Liu Jinghai Valley futures researcher, the current Henan, Shandong, domestic net electricity consumption cost of about six per gross, and two captive power plant electricity costs ranging from fifty cents to four hair. Produce a ton of electrolytic aluminum consumption is currently about 13 850 degrees, that is a dime per high price, they produce more cost nearly 1400 yuan. In the western provinces of Xinjiang, electricity cost is only two per hair. "Some of the cost advantage of the lack of electricity, 100,000 tons or less, a relatively short chain of small aluminum viability of enterprises will be greatly compressed, mergers and acquisitions are faced with the situation."

Liu Jinghai views have been a number of aluminum recognized the people in charge. For the aluminum companies, the cost of electricity has always been one of the issues they care about most, because electricity costs account for almost 40% of the total cost of primary aluminum. Therefore, the comparative advantage of the availability of power resources, directly determines the competitive position of electrolytic aluminum, electrolytic aluminum enterprises can achieve this is stable profitability and be a key factor in the expansion.

This reporter learned that the better survival of the state-owned power plant aluminum companies are basically, if both the industrial chain advantage is even more powerful. Traditional "coal - electricity - aluminum" chain plus alumina and processing sectors, in order to be a complete industrial chain. The more complete industrial chain business, its profitability is stronger. Shandong Xinfa Aluminum, for example, the firm capacity of 120 million tons of alumina present in Guangxi and Xinjiang have the capacity allocation, and the establishment of include power generation, alumina, aluminum, PVC, aluminum and even part of the "cycle model ", last year's sales revenue of over 50 billion yuan, the profit over 80 billion.

In Shandong, Binzhou, Sanmenxia, ​​Henan and other places that are not captive power plant can only bite the aluminum companies to maintain production, production can be eliminated at the edge.

"In the future through mergers and acquisitions, the number of domestic electrolytic aluminum enterprises may be dropped from the current more than a hundred twenty or thirty."

Liu Jinghai, said the company will survive divided domestic production capacity of more than 2,000 tons of electrolytic aluminum, and features two plates showing - or have to rely on the western edge of energy transport in the eastern part of consumer advantage. That time outside the bargaining power of domestic electrolytic aluminum enterprises will also be greatly enhanced.

However, a Shandong Aluminum Industry listed company that "integration of advantageous resources mergers and acquisitions is the general trend of development of the industry, but when the aluminum industry, this trend appears difficult to predict." Another industry also said that the first few Aluminium years a significant expansion in the industry did not bring immediate benefits to themselves, and some rules of survival of SMEs is still applicable, aluminum wave of industry consolidation is still in the brewing process.

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