Continuing Overcapacity Prompts Renewed Calls For G20 to Form Global Aluminium Forum
Half a dozen groups representing a wide swath of the global aluminium trade teamed up to renew a call to...
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,...
Half a dozen groups representing a wide swath of the global aluminium trade teamed up to renew a call to...
Leaders from Century Aluminum and United Steelworkers added their voices to a growing chorus of industry and political leaders urging...
A study released this week by a China-based private analyst predicts that the recovery in the aluminium market fostered by...
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 […]
The United States International Trade Commission released its report on the global aluminium market last week. The 610-page tome determined that major price declines and consumption growth in the worldwide market were primarily the responsibility of the People’s Republic of China. The report is the result of the United States Congress’s request in late February […]
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 […]
According to reports by domestic media, aluminium producers in the People’s Republic of China may make cuts to excess capacity that are deeper than initially expected. Sources at Xinjiang Jiarun Resources told Chinese media that its second-phase 150 thousand metric ton smelter will cut capacity per government requirements by Friday. Another source, namely Liu Lingan […]
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 ...