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Germany's Trimet cuts aluminium output by 30 pct

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HAMBURG, Feb 10 (Reuters) - German independent aluminium producer Trimet Aluminium AG said on Tuesday it had cut aluminium output by about 30 percent because of low demand. The cuts had been spread equally between the company's 130,000 tonne annual primary aluminium production plant in Hamburg and its 170,000 tonne plant in Essen, Trimet Chief Executive Heinz-Peter Schlueter told Reuters by telephone. "We are currently experiencing a fall in new orders of between 30 to 35 percent and we have had to adapt to meet the demand of our customers," he said. "We have no overview about how long this could last." About 70 percent of the company's customers are in transport-related industries including automobiles, railways and aircraft, he said. The automobile sector had been hit especially hard by low demand since September. "We are awaiting good news about our customers demand, but at the moment there is little to expect." But the production cuts had so far been achieved without job losses among the company's 1,600-strong workforce as widespread training programmes had been brought forward. In an earlier statement Schlueter had criticised high German power costs, especially the country's programme for carbon dioxide emission certificates which caused "an enormous increase in prices for German electricity". On Feb. 5, Norwegian aluminium group Norsk Hydro said it was cutting production at its Neuss plant in Germany, which has an annual capacity of 230,000 tonnes, and said it may close the plant. Norsk Hydro blamed high German power prices and the weak global aluminium market. [ID:nL5241423] (Reporting by Michael Hogan, Editing by Peter Blackburn)

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