Arconic Shareholders’ Calls for Kleinfeld’s Ouster Mount
Arconic’s chairman and CEO Klaus Kleinfeld has found himself in the crosshairs of company shareholders in recent days, mere months...
Christopher Clemence
Firms that Give Back – Profiles in CSR in the Aluminium Industry
These pages have featured stories about the business aspect of the global aluminium trade for quite some time now. While the dollars and cents of the trade are of obvious importance, the corporate social responsibility conducted by the firms we report on,...
Spike in Movement of Extruded Aluminium from Malaysia to Vietnam Raises More Questions About Zhongwang
Trade statistics from the third quarter of 2016 are in, and they paint an interesting picture relative to the ongoing...
Will 2017 Be the Year Aluminium Prices Reclaim Their Shine?
Oleg Deripaska, the president of Russian aluminium titan UC Rusal, addressed the Annual Meeting of the World Economic Forum in...
Events
Parting Shot – Obama Administration Takes China’s Aluminium Overcapacity to WTO
The Obama Administration initiated a complaint at the World Trade Organization on Thursday over government subsidies given to aluminium producers by the People’s Republic of China. This complaint, which is the sixteenth (and likely final) such complaint against China with the trade body, alleges that Beijing has been handing out low-interest loans and energy subsidies […]
Falling Aluminium Stockpiles Could Mean Rising Prices
One of the ongoing challenges for the global aluminium market is the significant stockpiles held in warehouses around the world. Their very presence, coupled with the immutable law of supply and demand, has done serious damage to the worldwide price of the commodity for several years. However, in at least some quarters, the seemingly all […]
Aluminium Wrap – Aluminium 2016
Aluminium 2016, 11th World Trade Fair and Conference recently concluded in Düsseldorf, Germany. Also known as Aluminium Messe Dusseldorf, the biennial conference is considered the biggest and most influential aluminium fair in the world. Organized by Reed Exhibitions Deutschland GmbH, the conference featured 992 exhibitors from fifty-eight countries, and was attended by almost twenty-five thousand […]
EXCLUSIVE: Evidence Points to Much Larger Fake Semi Trade Relocating to Vietnam
An article in the Wall Street Journal late last month brought to the wider public the issue of aluminium “transshipment,” or the practice of exporting semi-formed aluminium parts to a third country to be re-melted into ingots and sold as raw aluminium on the market. The article outlined the allegations that American aluminium executives leveled […]
Baby Steps in China’s Long March to Rein In Overcapacity?
Inner Mongolia’s provincial government recently counseled Inner Mongolia East high-tech Materials Co., Ltd. to cease production on its greenfield one million metric tons per annum smelter project, which had only begun within the past several weeks. In its announcement of the plant’s immediate shutdown, the government stressed the idea that economic development must be conducted […]