We know that the European energy crisis caused by the Russian-Ukrainian war has greatly negatively affected the living standards of residents. And a large number of metal smelting industries and heavy industrial production activities have been hit hard. Among them, European aluminum producers and sellers are also extremely affected. However, in this case, European countries still need a lot of aluminum products, then how should Europe cope with the spiking aluminum price in the European energy crisis? At this time, we recommend that European manufacturers should choose to import from other countries as much as possible. For example, China Haomei is a high-quality aluminum manufacturer and supplier who export aluminum products in Europe, worthy of your choice.
Not long ago, on August 17 at local time, the global aluminum giant NorskHydro announced that they would close their aluminum smelter plant in Slovakia at the end of September. This is because the lack of energy supply which has caused electricity prices in Europe to soar for the last half year. And this unacceptably high electricity price shows no signs of improving in the short term. And this sign may last until the end of the Russian-Ukrainian war, which is out of reach. In addition to Norway's Hydro, the Netherlands' Budel metal (zinc) smelter also announced on August 16 that they would close their plants from September 1. These have caused a very large increase in metal smeltering industry especially in aluminum prices in the European market. London aluminium futures rose nearly 3% at one point after the shutdown was announced. After the Dutch aluminum plant announced to stop production, international aluminum prices jumped 6% and hit a two-month high.
At present, the products produced by many smelters are significantly lower than the original annual production capacity, and even some aluminum alloy producers and manufacturers will incur huge losses if they continue to operate. However, European demand for aluminium remains substantial. So what should European customers do in this situation? As a responsible Chinese company with an international vision, Haomei suggests that friends who need aluminum in Europe can pay more attention to aluminum producers and suppliers in other countries. These countries are less affected by the energy crisis, so aluminum products remain affordable. Haomei is such a company. Please choose us! We will be glad to establish a good and win-win relationship with you in the European energy crisis context. Should you be interested in buying aluminum product, please contact us at:
E-mail: sale@alusuppliers.com
1103, No.14 Waihuan Road, CBD, Zhengzhou, China
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