Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts
Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters...
china aluminum cuts
Exclusions Of Imported Aluminium Can Sheet Hurts China’s Battle Against Oversupply: Aluminum Association
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,...
China To Repeat Winter Aluminium Output Cuts In November
The People’s Republic of China’s Ministry of Industry and Information Technology said yesterday that the winter output cuts it mandated...
Official Numbers Show Another Drop in China’s Aluminium Production in November
According to numbers released late last week, aluminium production by smelters in the People’s Republic of China fell yet again...
Events
Why aluminium prices still have potential to grow
Aluminium has been the top-performing base metal this year, prices climbing 25 % so far, largely due to China’s determination to shutter illegal smelters, and cut production of aluminium and alumina by 30% in four provinces around Beijing during the winter, to curb pollution. After reaching the its highest level in five years of US$ […]
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 ...
