Aluminium manufacturers survival difficult

"In 2012, chinalco's aluminium foil situation may be more difficult, more pressure also." Anxi of securities chief industry analyst HengKun to new financial journalist said: "it is raised the cost of power brings, 2011 industrial electricity price rise, and this year's LvJia compared with most last year, flat may also be declining, from these perspective, chinalco in 2012 the profitability of the hard to improve."
According to the non-ferrous metal industry association of statistical aluminium coil information, 2012 domestic non-ferrous metal with an average annual price may be slightly lower than the 2011 average level, especially in the first half of the year to the first quarter to will remain since the last quarter of last year the pattern of the shocks, the second half of the price could pick up. In 2012, non-ferrous metal enterprise benefit will be apparent growth in the first quarter, the possible zero growth.
"China's aluminium is the largest aluminium sheet manufacturers, but with China mobile, petrochemical, and other such as compared with the scholars from renmin to industry control, far less than the latter position, in the price right more mild nature." Close to chinalco's a new financial industry sources told reporters, to outside long-term accused scholars from renmin monopoly of the rhetoric, chinalco internal many people are full of grievances, because China aluminium experienced industry inside don't have the monopoly position, "the years, local horse in aluminium plate industry projects that have come in on this market rob food cake, in manufacturing excess capacity of the situation at the same time also weaken the chinalco's industry control"
Non-ferrous metal industry association deputy secretary-general WangHuaJun tell new financial reporter: "for production, chinalco in the domestic market share of 50%, than alumina for aluminium for a third. In recent years, electrolytic aluminium heat exchanger benefit is bad, but in the last few years, many good benefit private enterprise in the field, we throw such large such as CLP power enterprise into the industry."
At the same time, from the published quarterly results look, chinalco main lower gross margin, although the profit level have improved, but the company with the first three quarters of investment income of associated stainless steel tube enterprise investment gains accounted for only 50%.