GDA said the German aluminium industry power costs rising threat

Berlin, December 26 news: Germany GDA aluminum industry group said recently that Germany aluminum smelters are currently at full production capacity, but the industry is facing the threat of higher electricity prices.

GDA, says one senior people with Germany’s electricity provider in power supply contract negotiations, the demands for aluminum smelting manufacturers “rapidly increase price”. Aluminium smelting manufacturers will face tariffs, he said, nearly double-digit growth, this will threaten smelting the manufacturer’s profit space. GDA and other metal industry group are discuss with the German government for the country’s electricity market reform at present, the country’s power supply controlled by four large power suppliers. GDA has called on German electricity market regulation to similar to the regulatory approach being taken in the telecom sector, the group also wants, electricity market operations more transparent, such as electric power remote transmission from supplier to the user cost calculation method, etc. German renewable aluminum producers are also worried about Chinese importers may intensify in the country’s aluminium scrap purchase.