Argentina Opens Anti-Dumping Probe Over Chinese Aluminium Alloy Wheel Imports
The government of Argentina has begun an investigation to determine whether sanctions are in order against the People’s Republic of...
china aluminium
Indian Smelters Gearing Up to Take On Flood of Chinese Aluminium
India’s aluminium companies are rebooting in an effort to combat the flooding of their domestic market by the government-subsidized smelters in the People’s Republic of China. Hindalco currently owns 46% of the domestic aluminium market share, but imports from China fill the...
Aluminium Semis Exports from China Still Down Despite MoM Increase in May
According to numbers recently released from the People’s Republic of China, aluminium semis exports rose in the month of May...
Chalco Enters Into Gold-Leasing Contract with Bank of Communications
State-owned Aluminum Corp of China threw the metals market for a loop when they announced that they have entered into...
Events
Six Major Chinese Smelters Agree to Cut Production if Aluminium Falls Below US$1,717
According to sources with knowledge of the events, six of the People’s Republic of China’s major smelters agreed to cut production in the event that aluminium prices drop below US$1,717 per metric ton. China’s Nonferrous Metals Industry Association (CNIA) held the meeting yesterday with several of the major players in the domestic aluminium industry to […]
U.S. Treasury Secretary Lew Blasts China Regarding Aluminium Overcapacity
United States Secretary of the Treasury Jack Lew fired a verbal shot across the bow of the People’s Republic of China on Monday, taking the country to task for swamping the rest of the world with aluminium and steel in recent years. Lew was speaking at the opening of the latest round of the annual […]
Dragon with Clipped Wings – China’s Excess Capacity Remains Earthbound For Now
The global aluminium market has experienced a cautious rise in prices from last year’s nadir, largely thanks to smelters in the People’s Republic of China agreeing late last year to cut back capacity. Now that prices are beginning a shaky rebound, there is some thought that China’s smelters are chomping at the bit to rush […]
China’s Aluminium and Alumina Imports Declined in December
According to newly-released customs data, the People’s Republic of China imported 4,500 metric tons of primary aluminum last December, which represents a decrease of 11,700 metric tons from the month previous. Experts believe the decline in imports is partly due to the Chinese renminbi’s depreciation, and partly due to the December holidays. According to some […]
China’s Automobile Industry Fosters Rise in Aluminium Use in November
China’s automotive industry consumed about 325,000 metric tons of aluminium in the production of 2.54 million units in November of last year, according to official numbers published on cnal.com and quoted from SCI99. This marks an improvement of 16.2 per cent from October 2015 and a rise of 17.8 per cent from November of 2014. […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
