Chinese Aluminium Firms Ordered To Cut Carbon Dioxide Output By 18 Percent By 2025
Last week the Chinese government tasked state-owned enterprises to cut their energy consumption per CN¥10,000 (US$1,570) by 15 percent and...
China aluminium industry
British Trade Authority Recommends Import Tariffs Of Up To 29 Percent On Aluminium Extrusions From China
Imports of extruded aluminium into the United Kingdom may get significantly more expensive for suppliers in the People’s Republic of China in the very near term, as British trade officials are looking into complaints by domestic aluminium extrusion producers that Chinese exporters...
European Union Levies Tariffs Of Up To 18.2 Percent On Aluminium Foil From China
New import tariffs on aluminium foil from the People’s Republic of China are in the offing, as the European Commission...
Despite Power Cuts, China’s Aluminium Output In November Off By Only 1.8 Percent On The Year
An explosion at an aluminium smelter in Yunnan and energy supply cuts conspired to hold China’s aluminium output in November...
Events
China’s Power Cuts Reduce Country’s Total Aluminium Capacity By 7 Percent In 2021
Cutbacks on power supplies in the People’s Republic of China so far this year have translated in a cut of 7 percent of the country’s overall aluminium capacity. Such was the conclusion of a Wood Mackenzie report released yesterday. According to the report, the cuts are a result of Beijing’s restructuring of its power infrastructure […]
Beijing Releases Another 70 Thousand Metric Tons Of Primary Aluminium
The People’s Republic of China released another 70 thousand metric tons of aluminium yesterday in yet another effort at bringing down metals prices and increasing supply. Beijing’s release of metals was the fourth such release this year. Also released on Saturday was 50 thousand metric tons of zinc and 30 thousand metric tons of copper. […]
Power Crunch To Tighten Further For China’s Aluminium Smelters As Winter Power Cuts Approach
Winter is coming to the People’s Republic of China, and along with it is the prospect of yet more power cuts for the country’s aluminium and other metals operations. Experts who spoke with Reuters this week said that a summer with low supplies of coal has already threatened dire circumstances for power generation in the […]
China Completes Another Auction Of Primary Aluminium Reserves
The People’s Republic of China recently completed an auction of state-owned reserves of aluminium and other metals. The auction marks the third sell-off this year as Beijing attempts to rein in high prices for the metals. On Wednesday bidders had an opportunity to bid for 70 thousand metric tons of aluminium, 30 thousand metric tons […]
Chinese Government To Auction 70 Thousand Metric Tons Of Primary Aluminium This Week
The Chinese government is planning to auction more aluminium from its national reserves next month in an effort at bringing prices for the metal back down to Earth. Per domestic media, the National Food and Strategic Reserves Administration (NFSRA) is planning to auction 70 thousand metric tons of primary aluminium along with 50 thousand metric […]
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 ...
