China Steel Association Criticizes EU Carbon Tax as Trade Barrier, Urges Further Dialogue
The China Iron and Steel Association (CISA) has voiced concerns over the European Union’s Carbon Border Adjustment Mechanism (CBAM), labeling...
China
China to Expand Green Aluminium Certification Amid Rising Global Demand
China’s push for green aluminium production is poised to mark a significant milestone, with the China Green Metal Certification Center (CGMC) anticipating the accreditation of approximately 2.75 million metric tons (over 3 million US tons) of low-carbon aluminium by the end of...
China’s Yunnan Initiates Aluminium Production Cuts Due to Dry Season
Chinese aluminium smelters located in the Yunnan province of southwestern China began reducing their production capacity by an aggregate of...
Guangdong Hongjin Aluminum Investment Co. Joins ASI, Bolstering Sustainable Aluminium Production
ASI (Aluminium Stewardship Initiative) has officially welcomed Guangdong Hongjin Aluminum Investment Co., LTD, notably recognized as Huajin Aluminum Group, into...
Events
Russia Boosts Alumina Imports from India Amid Geopolitical Strains
In a bid to minimize its dependency on China and adapt to the aftermath of the Ukraine crisis, Russia has amplified its alumina imports from India. This strategic move not only provides Russia’s Siberian plants with the required feedstock but also curtails costs in an era of financial constraints. Post its foray into Ukraine, Russia […]
China Challenges WTO Verdict on U.S. Aluminium and Steel Tariffs
The People’s Republic of China has lodged an appeal against a decision by the World Trade Organization (WTO) which supports U.S. tariffs on steel and aluminium, announced the Chinese commerce ministry. Previously, a WTO panel had sided with the U.S., suggesting that China violated WTO standards by introducing extra tariffs on U.S. imports as a […]
China Raises Questions on EU’s High-Carbon Import Tariffs
The European Union (EU) is weighing implementing extra charges on certain imported goods like steel and cement. However, the People’s Republic of China, a major trade partner, has voiced concerns and wants the EU to double-check with global trade guidelines set by the World Trade Organization (WTO). At the heart of this development is the […]
China Records All-Time High in August Aluminium Production
China’s primary aluminium output witnessed a significant surge in August, reaching an all-time monthly high. According to data released by the National Bureau of Statistics (NBS) on Friday, China’s output rose by 3.1% year-on-year to a striking 3.6 million metric tons. The surge is chiefly attributed to ramped-up production in the southwestern province of Yunnan, […]
US, EU Aim to Implement New Steel Tariffs, Targeting China and Others
The United States and the European Union are reportedly in discussions about introducing new tariffs on steel imports, focused largely on China’s excess steel production. Bloomberg News reported this week that these tariffs would be primarily aimed at imports from China, which allegedly benefit from non-market practices. However, details regarding which other countries might be […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
