China will ban the creation of additional capacity for some energy-intensive industries - including for steel, coke, alumina and aluminium - in a bid to control pollution, the state council said in a guideline issued on Sunday November 7.
The guideline did not specify the areas to be subject to the ban or the date that the measures will take effect.The aluminium front month price on the Shanghai Future Exchange inched up to 18,980 yuan ($2,969.3) per tonne on Monday November 8, up by 1.9% from its...