china aluminium

USITC Votes Unanimously to Keep Chinese Extruded Aluminum Antidumping Measures In Place

USITC Votes Unanimously to Keep Chinese Extruded Aluminum Antidumping Measures In Place

A day after the Aluminum Association filed its groundbreaking suit against the People’s Republic of China alleging unfair trading practices, the United States International Trade Commission delivered a determination that keeping existing antidumping measures in place is necessary to prevent aluminium extruders...

Events

China Xingfa Resumes Trading After Announcing Privatization Plans

Shares of China Xingfa Aluminium resumed trading on Friday after remaining idle for over a week on the announcement that the state-owned enterprise would soon be de-listing from the Hong Kong Stock Exchange. Representatives from the firm filed an announcement on Thursday indicating that the aluminium smelter is planning to privatize. Its majority shareholder, the […]

World Leaders Have Harsh Words for China’s Overcapacity at G20 Summit

The 2016 G20 Hangzhou summit concluded yesterday, and the continually problematic overcapacity in China’s metals industry attracted the attention of the assembled world leaders. Along with the global focus on steel, the continuing glut in China’s aluminium production came into the crosshairs as well. The relevant portion of the official communique, published late last night […]

China to Increase Aluminium Consumption by One Fifth over Next Three Years: CNIA

An aluminium industry group in the People’s Republic of China said that the country plans to increase domestic aluminium demand by eighteen percent over the next three years. Increases are expected to come from the use of high-end products in construction and transportation. The China Nonferrous Industry Association said on Tuesday that the Middle Kingdom […]

Automotive Demand for Aluminium Will Outstrip Chinese Capacity Restarts: Brandtzæg

Aluminium’s rally will be sustained by the auto industry, propelling demand that will outpace the People’s Republic of China’s rising production, according to Norsk Hydro’s Svein Richard Brandtzæg. Hydro’s CEO was quoted in an interview in London’s Financial Times. The market price for aluminium has risen ten percent in the West and thirteen percent in […]