Europe’s largest aluminum smelter readies for more production cuts. |
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On Friday, January 7, Reuters reported that France-based Aluminum Dunkerque will cut aluminum production by an additional 15% starting the week of January 10. In late December, Bloomberg reported that production had already been cut by 3%. High electricity costs have evaporated profits, leading to production cuts throughout Europe. Aluminum Dunkerque has a production capacity 285,000 mt/yr and is Europe’s largest aluminum smelter. (1/10/2022)
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Important Headlines & Economic Data |
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AISI Steel Capability Utilization Rate Investing.com Economic Calendar 1/7/2022: French aluminium smelter to cut output by 15% on energy costs |
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