Two Top Chinese Aluminum Producers Have Different Crystal Balls

Employees package aluminum ingots at the China Hongqiao Group aluminum smelting facility in Zouping, China.

Photographer: Brent Lewin/Bloomberg

Two of China biggest aluminum producers don’t agree on the market outlook. Struggling state-owned Aluminum Corp. of China Ltd. says the situation is “not optimistic,” while China Hongqiao Group Ltd. sees an upbeat future.

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