Australia

No Guarantees on Extending Trump Aluminium Tariff Reprieves: Commerce Sec’y Ross

No Guarantees on Extending Trump Aluminium Tariff Reprieves: Commerce Sec’y Ross

With the exception deadline looming, Trump administration officials say reprieves granted certain countries to the blanket 10-percent tariffs enacted earlier this month may not all be extended. In comments made to Bloomberg on Saturday, Commerce Secretary Wilbur Ross demurred when asked to...

Australia Passes on Imposing Countervailing Duty on Aluminium Extrusions from Vietnam

The Australian government has chosen not to impose a countervailing duty on aluminium extrusions shipped from Vietnam according to an announcement made by the Viet Nam Competition Authority (VCA) on Tuesday. According to the VCA, the Australia Anti-Dumping Commission (ADC) made the determination after a brief investigation into allegations of dumping leveled at Malaysian and […]

Tomago Smelter May Be Prime Customer for Potential Clean-Coal Plant in NSW

Citing rising prices and unreliable supplies of power to the plant, New South Wales’ Tomago Aluminium Company advised the federal and state government that it would potentially be a large-scale buyer of electricity from any low-emission coal-powered electricity plants that may be constructed in the area. The announcement is significant due to the fact that […]

Alumina Ltd’s First-Half Numbers Lower Due to Rough Commodities Market

Australian firm Alumina Ltd. published its half-year results yesterday. Though still in the black, their first-half numbers reflect the continued challenging commodities market. Alumina reported an after-tax net profit of US$8 million for the half, which is down year-on-year from US$122 million. The firm took a US$5 million hit from the restructuring of Alcoa Worldwide […]

Australian Gov’t to Begin Investigation Into Possible Aluminium Dumping from Vietnam, Malaysia

Australia’s government has begun a probe into aluminium imports from certain Asian countries to determine if they are engaging in unfair trade practices. According to the state-run news outlet Vietnam News Agency, and reported by Platts, the Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission is investigating aluminium imports from Vietnam and Malaysia. The […]