Here is DJ posted article showing World Aluminum production cuts that was in the WSJ this morning about World production cut totaling 4.5 MM mtpy Aluminum & listed the countries/companies that had made cuts (~China was about half I believe) but needed to cut another 3MM mtpy to kickstart a recovery.
The 4.5 MMmtpy lost Aluminum production would mean that about 1.8MM mtpy CPC petcoke wouldn’t be needed (or 2.4 MMmtpy green anode petcoke) – which is good for market & price stability since this volume petcoke would be ~ similar loss range from the refineries that are cutting back their crude & production runs due poor margins & demand. The power demand to the smelters will also be reduced.
I believe the DJ article Jan 12 might be the same article but do not have a subscription to WSJ online – if you will know but if not …. you still have this DJ version news item on the posted recap. Note several of these (like Norsk Karmoey closure – were mentioned in earlier article on Recap of December Metals/Market production closures /cutbacks for Aluminum/copper/zinc & other plants.
Here is link to the WSJ version (I believe) for comparison:
Brinkmanship Impacts Aluminum Prices – WSJ.com
< http://commerce.wsj.com/auth/login?mg=reno-wsj&url=http%3A%2F%2Fonline.wsj.com%2Fpage%2F2_0030.html >
Jan 19, 2009 … As a registered user of The Wall Street Journal Online, you will be able to: …. take years to recover from their slump, industry executives said. … On the face of it, the amount of world production being cut sounds sizable enough. As much as 4.5 million metric tons of aluminum is estimated to …