Latin America

Abal Sees Lower Aluminium Imports into Brazil This Year As Premiums Climb

Abal Sees Lower Aluminium Imports into Brazil This Year As Premiums Climb

Prices and demand for aluminium in Brazil are expected to rise in the coming year according to the experts interviewed by Metal Bulletin. However, the picture for exports of the metal isn’t quite as rosy. Brazil sent almost 300,000 metric tons of...

Events

Hindalco Said to Soon Sell Brazilian Assets

According to sources close to the firm, India’s Hindalco Industries is planning to shed its alumina assets and bauxite mines in Brazil. The sources indicate that commodity prices are prompting the move. The sources, who spoke to Indian media on condition of anonymity, indicate that the proceeds of the sale would be used towards debt […]

Reps from Alpart’s Buyer JISCO to Meet with Jamaican PM Next Month

Jamaican officials will be hosting officials from the People’s Republic of China’s Jiuquan Iron & Steel (JISCO) next month. JISCO is the incoming owner of Alumina Partners of Jamaica (Alpart) after purchasing it from UC Rusal for US$300 million last month. A press release from the Jamaican Prime Minister The Most Honourable Andrew Holness explained […]

Fracsa Alloys to Double Capacity by Early 2017

Mexico’s Fracsa Alloys Queretaro, S.A.P.I. de C.V. announced recently that it plans to double production by early 2017. Company president Franciso Ruiz told S&P Global Platts of the planned increase during a tour of the firm’s plant in Queretaro, which is in central Mexico, 132 miles northwest of Mexico City. Ruiz indicated that the plant […]

Argentina Opens Anti-Dumping Probe Over Chinese Aluminium Alloy Wheel Imports

The government of Argentina has begun an investigation to determine whether sanctions are in order against the People’s Republic of China for dumping aluminium alloy wheels on the Argentine market. News of the probe came from an announcement on the Trade Remedy and Investigation Bureau of China’s Ministry of Commerce late on Wednesday, according to […]