China Cuts VAT To 13 Percent To Staunch Aluminium Capacity Cuts
A March 5 change in the value-added tax (VAT) assessed on the manufacturing sector by the government of the People’s...
China fake semis
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 and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their...
Why Section 232 Sanctions May Do the U.S. Aluminium Sector More Harm than Good
Late last week the United States Commerce Department delivered to President Donald Trump the much-anticipated results of its Section 232...
U.S. Aluminium Firms Ask Commerce Department for Tariffs on Chinese Imports
Withering criticisms of China’s aluminium sector filled the air during the long-awaited Section 232 hearings on Thursday, but representatives from...
Events
EXCLUSIVE: Evidence Points to Much Larger Fake Semi Trade Relocating to Vietnam
An article in the Wall Street Journal late last month brought to the wider public the issue of aluminium “transshipment,” or the practice of exporting semi-formed aluminium parts to a third country to be re-melted into ingots and sold as raw aluminium on the market. The article outlined the allegations that American aluminium executives leveled […]
Aluminium Firms Offer Solutions in US Commerce Department Hearing on China Dumping
The United States International Trade Commission held its long-awaited hearing over allegations of unfair trade practices by aluminium smelters in the People’s Republic of China and the harm to American smelters such practices have inflicted. Chaired by Democratic Senator Joe Manchin and Republican Senator Shelley Moore Capito, both from West Virginia, the USITC heard from […]
Aluminum Shapes Under Investigation by US for Connections with Alleged Fake Semis from Zhongwang
The Wall Street Journal reported on Thursday that the United States Department of Commerce is investigating whether a New Jersey aluminium products company is harboring fake aluminium semis in a factory near Philadelphia for Liu Zhongtian and China Zhongwang. The investigation in question is a small cog in a wider investigation being conducted by the […]
CNIA, Zhongwang Rebut Fake Semis Allegations
China’s Nonferrous Metals Industry Association (CNIA) responded to widespread accusations in overseas media regarding the alleged fake semis activity in Mexico by China Zhongwang and related companies. The charges, which have lately appeared in prominent media outlets like the Wall Street Journal “seriously deviated from reality.” A tabloid published by the Chinese Communist Party described […]
Possible Fake Semi Connection as Aluminium Exports Cascade out of Mexico for Vietnam in June
Mexican exports to Vietnam continued at a blistering pace in June, lending further credence to the notion that a stockpile of fake semis is being transferred out of a warehouse in Guanajuato. According to data from the Mexican Secretariat of Economy, the country exported 162,851 metric tons of aluminium to Vietnam in June, good for […]
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 ...
