China Zhongwang responded to a United States criminal indictment against it and its controlling shareholder Liu Zhongtian on Sunday, saying that despite being served no official notice of the charges, the company has already sought out legal advice regarding the matter. In...
Aluminium behemoth China Zhongwang Holdings Ltd founder Liu Zhongtian has been indicted by the United States government on charges that...
Over two dozen United States legislators signed a letter calling upon U.S. Treasury Secretary Steven Mnuchin to disallow the sale...
Trade statistics from the third quarter of 2016 are in, and they paint an interesting picture relative to the ongoing...
The International Trade Administration of the United States Department of Commerce announced last week that it believes Chinese aluminium smelter China Zhongwang Holdings has been evading United States trade sanctions. The finding is the latest in a long string of accusations of impropriety leveled at the company this year against its trade practices. The November […]
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 […]
United Steelworkers president Leo W. Gerard sent an open letter to U.S. Secretary of the Treasury Jack Lew on Thursday urging the Committee on Foreign Investment in the United States (CFIUS) to recommend against the purchase of Aleris Corporation by China Zhongwang. Though rumors regarding the firm’s alleged involvement in the fake aluminium semis have […]
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 […]
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 […]
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 ...
