China Hongqiao Cuts Obsolete Aluminium Capacity By 2 Million MTPA
China Hongqiao Group Limited announced plans yesterday to cut two million metric tons per annum of outdated aluminium capacity. However,...
AZ China
Shandong Government Orders 3.21 Million MTPA in Aluminium Capacity Shuttered
Another bite has been taken out of the People’s Republic of China’s aluminium capacity this week, as the government of the Shandong province mandated 3.21 million metric tons per annum of capacity shuttered, most of which is operated by China Hongqiao. According...
Shandong Xinfa Axes 530,500 MT of Illegal Aluminium Capacity
According to a government-run website, Shandong Xinfa Aluminium Group shuttered over half a million metric tons per annum of aluminium...
China Records Record High in Aluminium Production in June
Aluminium output from producers in the People’s Republic of China hit record highs last month, according to numbers released by...
Events
Experts See Increasing In-Roads in Western Aluminium Industry by Chinese Firms
Industry analysts see an expansion of aluminium firms from the People’s Republic of China into the worldwide automotive and aerospace markets. Such a move may set off a frenzied buying spree of Western metals companies by Chinese firms, they predict. According to experts, Chinese firms are moving into the more lucrative areas of the aluminium […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
