Market Selection

India Aluminium Producers Working On Scrap Standards To Stem Rising Tide Of Imports

India Aluminium Producers Working On Scrap Standards To Stem Rising Tide Of Imports

India’s aluminium producers are teaming up with planning think-tank Niti Aayog and the Bureau of Indian Standards (BIS) to retool the country’s standards for scrap aluminium usage in order to contain the rising tide of imported scrap aluminium and what stakeholders consider...

Events

Aluminium Association of Canada Lauds Move To Limit Aluminiun Transshipment

Canada’s aluminium industry is applauding Ottawa for its recent announcement that aluminium will be added to the government’s Import Control List system. In a statement released last week by the Aluminium Association of Canada, the organization praised the Canadian government’s use of the Export and Import Permits Act to help safeguard the dominion’s producers from […]

Beijing Raises Tariff On U.S. Imported Aluminium Scrap By 5 Percent

The stakes have risen in the escalating trade war between the governments of the United States and the People’s Republic of China, as Beijing revealed late Friday that tariffs upon aluminium scrap and copper scrap imported from American sellers will increase by 5 percent in December. A list of retaliatory tariffs published by the Ministry […]

Qinghai Provincial Misses Second Payment This Year On 2020 Dollar Bond

China’s state-owned aluminium producer Qinghai Provincial Investment Group Co. failed to make a scheduled coupon payment on a dollar bond this week, and analysts say the missed payment may be a sign that the firm’s recent debt restructuring has not made its financial situation any better. According to financial media, Qinghai Provincial failed to wire […]

Aluminium Stewardship Initiative Certifies China’s Xiamen Xiashun Aluminium Foil Against ASI Chain Of Custody Standard

The Aluminium Stewardship Initiative (ASI) announced the certification of Xiamen Xiashun Aluminium Foil Co., Ltd. against the ASI Chain of Custody standard earlier this week, making the firm the first of ASI’s China-based members to market ASI Aluminium. Xiamen Xiashun operates four sites that are now certified by ASI, namely the Haicang Foil Plant, the […]