WSJ Article Alleges Aluminium Stockpile is Liu’s Retirement Fund
According to an article in yesterday’s Wall Street Journal, a well-traveled aluminium stockpile allegedly connected to China Zhongwang that has...
China Zhongwang
US Government Seizes Aluminium Stockpile with Alleged Ties to Liu Zhongtian
According to a report in Saturday’s Wall Street Journal, officers from the United States Department of Homeland Security have seized a stockpile of aluminium valued at US$25 million that is alleged to have ties to China Zhongwang’s Liu Zhongtian. This move by...
US Commerce Department Says Zhongwang Evaded Sanctions
The International Trade Administration of the United States Department of Commerce announced last week that it believes Chinese aluminium smelter...
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,”...
Events
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 […]
USW Urges CFIUS to Reject Zhongwang Purchase of Aleris
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 […]
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 […]
AEC Joins China Trade Task Force
North American aluminium extrusion trade group Aluminum Extruders Council has signed on with the China Trade Task Force (CTTF) and its call to the United States and other global players to take action against the runaway overcapacity of aluminium flowing out of smelters from within the People’s Republic of China. “As an off-take for its […]
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 […]
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 ...
