China overcapacity

Are Things Finally Looking Up For The Aluminium Market?

Are Things Finally Looking Up For The Aluminium Market?

Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and traders hope that easing trade tensions between U.S. and China might boost demand for metals in the remaining part of the year....

Enforcement Against Illegal Aluminium Smelters Planned for This Week in Xinjiang

Aluminium prices in the People’s Republic of China are up thanks to indications from the Xinjiang Uyghur Autonomous Region that a long-promised crackdown on illegal smelting capacity is underway. According to a document obtained by Bloomberg, local governments will begin checks this week on smelters built since the spring of 2013 that are in violation […]

China Committed to Aluminium Capacity Cuts: Chalco’s Lu

Aluminum Corporation of China Limited (Chalco) told CRU’s 22nd World Aluminium Conference that the People’s Republic of China is determined to rein in aluminium production in over two dozen Chinese cities this winter. Chalco’s senior vice president Lu Dongliang told the conference that Beijing is staying the course in compelling aluminium producers in 28 of […]

Chinese Government Suspends 2 MMT of Aluminium Capacity in Xinjiang

Three aluminium operations in the People’s Republic of China with a combined nameplate capacity of two million metric tons now stand idle after the government determined that the firms operating them have been violating regulations put in place to limit capacity. According to a report in the state-run China Security Times on Sunday that was […]

Aluminum Association Files First-Ever Unfair Trade Case with US Government

The Aluminum Association has taken a groundbreaking step against the People’s Republic of China’s aluminium trade practices today when it filed its first-ever unfair trade case with the United States government. The association’s Trade Enforcement Working Group filed cases with the United States Department of Commerce and the United States International Trade Commission (USITC) alleging […]

Europe’s Aluminium Industry May Back EU Action Against China’s Subsidies: Gerd Götz

The head of Europe’s leading aluminium trade organization said last week that his group may support Brussels if the European Union initiates a complaint against the People’s Republic of China over aluminium subsidies at the World Trade Organization. Gerd Götz, director general of European Aluminium were prompted by the complaint filed by the United States […]