China Nonferrous Metals Industry Association

CNIA Suggest Aluminium Stockpiling In Response To Coronavirus Woes

CNIA Suggest Aluminium Stockpiling In Response To Coronavirus Woes

In a bid to limit the pressure on aluminium producers in the People’s Republic of China exerted by the quickly-spreading coronavirus, the China Nonferrous Metals Industry Association (CNIA) advised stockpiling the metal until the crisis has passed. The CNIA said most of...

Events

China’s Aluminium Demand Struggles As Trade Tensions Rise: CNIA

Domestic demand in the People’s Republic of China has suffered of late thanks to continuing blows to consumer confidence due to the ongoing trade tensions between the Middle Kingdom and the United States. Such was the message conveyed by the China Nonferrous Metals Industry Association late last week. On Thursday, CNIA said that even a […]

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 agreed on Friday to ax a minimum of 800 thousand metric tons per annum of smelting capacity in the next several months. An official from the meeting’s host, the China Nonferrous Metals Industry Association (CNIA), […]

Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes

A trio of sources claiming knowledge told Reuters yesterday that representatives from China Hongqiao Group, Aluminum Corp of China Ltd (Chalco), and other Chinese major aluminium producers will hold a meeting today to hash out the implications of falling prices and weak demand for the country’s aluminium sector. Per the unnamed sources, the China Nonferrous […]

USITC Levies Final Import Duties Of Up To 176.2 Percent On Chinese Aluminium Sheet

For the first time in over three decades, the United States issued final duties in a trade case it self-initiated when the U.S. Commerce Department imposed final anti-dumping and anti-subsidy duties of 96.3 percent to 176.2 percent on common alloy aluminium sheet products imported from the People’s Republic of China on Wednesday. “We will continue […]

China’s Aluminium Demand To Level Off At 50 MMT In 2023 – CNIA

Though consumption is expected to slow, Beijing expects the country’s aluminium demand to rise as high as 50 million metric tons in 2023. So said the China Nonferrous Metals Industry Association in a forecast released on Thursday. Per the CNIA, consumption will peak in 7 years due to the Chinese economy transitioning from a high-speed […]