Chinese Aluminium: Higher Overhead And Lower Aluminium Prices Squeeze Out Capacity
The Chinese aluminium sector is in peril, and the country’s smelters must soon take drastic and determined action in order...
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....
The Chinese aluminium sector is in peril, and the country’s smelters must soon take drastic and determined action in order...
North American aluminium producers trade group the Aluminum Association released an open letter to the Trump administration yesterday petitioning the...
Half a dozen groups representing a wide swath of the global aluminium trade teamed up to renew a call to...
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 […]
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 […]
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 […]
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 […]
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 […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...