Skip to content

Europe’s Largest Aluminum Smelter Trims Output After Power Spike

  • France’s Dunkerque has halted 3% of its production capacity
  • Further cuts likely to depend on energy prices, union says
Video player cover image
Why This Trader Doubts Aluminum Will Return to $2500

Aluminium Dunkerque Industries France has curbed production of the metal in the past two weeks in response to a surge in power prices, according to a labor union representative.

The cuts equate to about 3% of Aluminium Dunkerque’s production capacity, said union representative Laurent Geeraert. The plant has lost about 20 million euros ($22.6 million) since the beginning of November, and further curtailments may be necessary if power prices remain at sky-high levels, he said. A second person familiar with the operations confirmed the cuts.