Business

Smelter Restarts Push China’s May Aluminium Production Up By 2.1 Percent

Smelter Restarts Push China’s May Aluminium Production Up By 2.1 Percent

Aluminium smelter restarts and a recovery in prices helped drive up China’s output last month, pushing production up by 2.4 percent on the year. Such was the story told by numbers released by the National Bureau of Statistics (NBS) on Friday. May...

Events

India Trade Group Calls For Relief From GST On Aluminium Products

Indian trade group Confederation of All India Traders (CAIT) called upon its government to cut goods and services taxes (GST) on a variety of products produced domestically last week, including aluminium utensils and auto parts. The Confederation also counseled a review of other items that were assigned other tax treatment by the country’s GST regime […]

Three Out Of Four Aluminium Cans Recycled In The U.K. In 2018

Three out of four aluminium beverage cans in the United Kingdom find their way back into the aluminium value stream, marking an all-time high for aluminium beverage cans. Such was the message from the UK’s Aluminium Packaging Recycling Organisation (Alupro) earlier this week. According to Alupro, the UK’s 75-percent recycling rate is a significant improvement […]

Sources Say China’s Ban On Imported Scrap Aluminium Likely To Gut Alloy Exports

A restriction upon imported aluminium scrap that is scheduled to go into effect next month is expected to raise production costs for secondary aluminium smelters in the People’s Republic of China, which experts say may close the price gap between Chinese aluminium alloy exports and their less competitive rivals abroad. As of July 1, Beijing […]

Half-Year Report: Aluminium Prices Still Under Pressure

Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious losses, causing the index to drop by 6.6% in May. The reason for this fall remains the same: investors are cautious about demand for metals amid a lack of progress in the prolonged U.S.-China trade […]

U.S. Commerce Department Debuts New Web Portal For Section 232 Exclusion Requests

The United States Commerce Department yesterday launched an online portal for receiving product-specific exclusion requests for aluminium and steel products currently subject to the Trump Administration’s Section 232 tariffs. The site, dubbed “Section 232 Exclusion Portal,” will supersede the Department’s site at regulations.gov for receiving request, objections, rebuttals, and other motions relevant to the aluminium […]