Fubao News

Hong Kong-listed China Hongqiao Group (Weiqiao’s listed arm in HK) announced on Friday that it will cut its 2019 aluminium output target by 200~300 kt or 5% on-year due to a typhoon and floods at its Shandong smelters.

In addition, the company announced that net profits increased significantly during H1 2019, but aluminum alloy output fell 10.3% y-o-y.

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