China power curbs cut 7% of annual aluminium capacity - Wood Mackenzie

CURBS on power use imposed by China have cut around 7% of domestic aluminium annual capacity so far this year, consultancy Wood Mackenzie said on Friday.

In one of the first comprehensive studies on the impact of China's energy crunch on its mammoth metals sector, the world's largest, Wood Mackenzie estimated copper has been less severely affected, though consumption would likely be impacted in first-half 2022 if power rationing measures become more extreme.