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...
china aluminium
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 their carbon dioxide output by 18 percent by 2025. The move is part of a wider push to drive energy-intensive industries including...
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...
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...
Events
European Aluminium Criticizes European Commission’s Suspension Of Anti-Dumping Duties On Chinese Producers
Aluminium trade group European Aluminium Association said on Monday that it approved of the European Commission’s final confirmation of definitive anti-dumping duties on flat-rolled aluminium products (FRP) on the European market. However, it continued to oppose the nine-month suspension of such duties, which the EC officially confirmed this week. EA noted the official findings by […]
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 […]
European Aluminium Urges Regulators To Act Decisively Against Chinese Importers
Trade group European Aluminium Association said this week that the European government intends on imposing import duties on aluminium shipped in from the People’s Republic of China next month, but will ultimately suspend those import duties for nine months. The European Commission’s investigation into Chinese aluminium imports determined that the Middle Kingdom flooded the continent’s […]
Beijing Promises Swift Action Against Speculators Suspected Of Spiking Aluminium Prices
Market regulators in Beijing said earlier this week that aluminium and other commodities suppliers should “reasonably” price their sales, and that speculators and stockpilers would face harsh penalties for actions resulting in price spikes. With prices for aluminium in Shanghai higher than they’ve been in over a decade, the State Administration of Market Regulation said […]
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 ...
