“Sucking Sound” Of Loss Of Aluminium Smelting Capacity The Result Of Beijing Subsidies: Alcoa CEO Harvey
Monstrous subsidies from Beijing is contributing to the continued bloat of aluminium production in the People’s Republic of China according...
The Aluminum Association voiced its opposition late last week to exclusion requests under Section 301 for aluminium can sheet originating from the People’s Republic of China, reasoning that such requests will work against the Middle Kingdom’s oversupply problems. In its weekly report,...
Monstrous subsidies from Beijing is contributing to the continued bloat of aluminium production in the People’s Republic of China according...
North American aluminium producers trade group the Aluminum Association released an open letter to the Trump administration yesterday petitioning the...
Half a dozen groups representing a wide swath of the global aluminium trade teamed up to renew a call to...
According to numbers released by the state, the People’s Republic of China will see a 6-percent rise in refined aluminium demand in 2018, rising from this year’s estimated demand of 34.8 million metric tons to 36.9 million metric tons. Beijing Antaike Information Co., Ltd (Antaike) indicated in its report that demand from aluminum alloy wall, […]
U.S. Senate Minority Leader Charles E. Schumer (D-NY) published an open letter to Secretary of Commerce Wilbur L. Ross, Jr. and United States Trade Representative Robert Lighthizer on Tuesday, urging the executive branch to come to a timely resolution for the overcapacity of aluminium drowning the domestic aluminium industry. Citing the national security concerns raised […]
Numbers recently released by the government of the People’s Republic of China indicate that over one-fourth of the country’s smelting capacity is operating in violation of environmental regulations. According to a report published on a popular Chinese news site, the of the 44.673 million metric tons per annum operated by the domestic aluminium industry, five […]
Trade advocacy group European Aluminium is urging the G20 to establish a worldwide forum regarding excess aluminium capacity when it holds its annual summit in Hamburg next week. EA made the appeal on Thursday, asking the group to put into place a forum where transparent data and monitoring tools would be available to counter supply […]
Aluminium prices in the People’s Republic of China are up thanks to indications from the Xinjiang Uyghur Autonomous Region that a long-promised crackdown on illegal smelting capacity is underway. According to a document obtained by Bloomberg, local governments will begin checks this week on smelters built since the spring of 2013 that are in violation […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...