european commission

European Regulators Green-Light Norsk Hydro €267MM Purchase Of Polish Aluminium Recycler Alumetal

European Regulators Green-Light Norsk Hydro €267MM Purchase Of Polish Aluminium Recycler Alumetal

Norsk Hydro SA gained the approval of European regulators for its second proposed purchase of Polish recycling firm Alumetal S.A. late last week. The second proposal reached the finish line with the European Commission, paving the way for the merger. The first...

Events

European Aluminium Welcomes Relief From EU On High Energy Prices, But Warns More Is Needed

Europe’s aluminium trade group lauded the European Union for its action to turn back high energy prices. However, the European Aluminium Association warned that the measures are only the first step in tackling the problem. The association said that the short-term measures, which include efforts at reducing electricity demand and redistributing financial resources to customers […]

European Aluminium Backs EU Campaign To Reduce Reliance On Russian Petroleum

The European Aluminium Association lauded the European Union last week on its initiative aimed at reducing the continent’s dependence upon Russian fossil fuels. In a position paper released by the Association, the organization voiced its support for the “Save Gas for a Safe Winter” program that they say will help alleviate high electrical prices and […]

European Aluminium Lauds European Commission For Implementing Anti-Dumping Duties On China’s Flat-Rolled Aluminium Imports

Aluminium trade group European Aluminium applauded the European Commission last week for its decision to end the nine-month suspension of anti-dumping duties on aluminium flat-rolled products from producers in the People’s Republic of China. The EC concluded in an investigation last year that Chinese producers dumped aluminium flat-rolled products on the continent in recent years […]

Russia Warns That Transitioning To Renewables Too Quickly May Spike Aluminium Prices

The Russian Federation is amenable to switching its power sources to renewables, but any such transition will be gradual so as not to spike power prices and, by extension, the industries that rely upon them heavily, including aluminium smelting. Such was the message conveyed by the country’s Deputy Energy Minister Pavel Snikkars earlier this week. […]

European Union Levies Tariffs Of Up To 18.2 Percent On Aluminium Foil From China

New import tariffs on aluminium foil from the People’s Republic of China are in the offing, as the European Commission found this week that Chinese producers received unfair and excessive state subsidies. The EU’s official journal noted the action, revealing that the tariffs apply to certain aluminium converter foil from China. Rates will be between […]