EU Reaches Agreement on Mineral Supply Targets to Decrease Dependence on China

EU Reaches Agreement on Mineral Supply Targets to Decrease Dependence on China

The European Union has finalized targets for domestic supply of critical minerals like lithium and nickel, marking a significant step in reducing its reliance on external countries, especially China. This decision, reached on Monday, aims to boost the EU’s self-sufficiency in strategic...


China Challenges WTO Verdict on U.S. Aluminium and Steel Tariffs

The People’s Republic of China has lodged an appeal against a decision by the World Trade Organization (WTO) which supports U.S. tariffs on steel and aluminium, announced the Chinese commerce ministry. Previously, a WTO panel had sided with the U.S., suggesting that China violated WTO standards by introducing extra tariffs on U.S. imports as a […]

China Raises Questions on EU’s High-Carbon Import Tariffs

The European Union (EU) is weighing implementing extra charges on certain imported goods like steel and cement. However, the People’s Republic of China, a major trade partner, has voiced concerns and wants the EU to double-check with global trade guidelines set by the World Trade Organization (WTO). At the heart of this development is the […]

China Records All-Time High in August Aluminium Production

China’s primary aluminium output witnessed a significant surge in August, reaching an all-time monthly high. According to data released by the National Bureau of Statistics (NBS) on Friday, China’s output rose by 3.1% year-on-year to a striking 3.6 million metric tons. The surge is chiefly attributed to ramped-up production in the southwestern province of Yunnan, […]

Aluminium Demand Slumps in Europe, Industrial Contracts Delayed

Industrial aluminium demand in Europe declines. For 2024, new contracts with smelters see delays as concerns of overbuying loom with the recent dip in demand for finished metal products. In Europe’s “mating season,” companies aim to seal supply agreements for aluminium, vital in construction, transport, and packaging. “Supply chain destocking is happening. The fear of […]