China

Q1 Customs Data Shows China’s Illicit Trade in Fake Semis Continues to Grow

Q1 Customs Data Shows China’s Illicit Trade in Fake Semis Continues to Grow

Customs data for the export of aluminium semis from the People’s Republic of China for the first quarter of this year are in. The numbers show an interesting trend – although the total year-on-year exports dropped, the flow into the Socialist Republic...

Events

China’s Shanxi Province Axes All New Aluminium Projects for the Year

The People’s Republic of China’s Shanxi province announced on Wednesday that it is suspending approval of all new ferroalloy, aluminum and steel projects in 2016. The government said that suspending new metals projects is an outgrowth of local air pollution mitigation plans. The provincial government also specified that the moratorium was an effort at reducing […]

Chalco Turns In Second Straight Profitable Quarter

State-owned Aluminum Corporation of China Ltd (Chalco) reported its second consecutive profitable quarter today, buoyed by a rise in domestic prices for primary aluminium. Chalco turned in a net profit of CN¥19.2 million (US$2.97 million) for the first quarter, which is down from a profit of CN¥48 million (US$7.74 million) in the first quarter of […]

Indonesia’s Inalum and Antam to Partner with Chalco on Alumina Plant

PT Indonesia Asahan Alumunium (Inalum) and PT Aneka Tambang (Antam) Tbk have signed a joint venture agreement (JVA) forming a joint venture to build a grade smelter alumina refinery (SGAR) plant in conjunction with Aluminium Corporation of China (Chalco). The new plant is to be named PT Inalum Antam Alumina (IAA). According to reports, the […]

China’s Aluminium Output Drops in January and February

According to data released yesterday by the International Aluminium Institute (IAI), aluminium output from the People’s Republic of China has dropped by 461 thousand metric tons per month between December 2015 and February 2016. February’s output of 2,070 thousand metric tons is down 686 thousand metric tons from a twelve-month high of 2,756 thousand metric […]

China Agrees to Drop Export Subsidies on Aluminium

The People’s Republic of China has agreed to end export subsidies that have helped to drown the aluminium market (among others) in an oversupply of the metal. United States Trade Representative Michael Froman made the announcement regarding an agreement ending the subsidies in question earlier today. “Today we have signed an agreement with China to […]