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,”...
fake semis market
Aluminium Association of Canada Lauds Move To Limit Aluminiun Transshipment
Canada’s aluminium industry is applauding Ottawa for its recent announcement that aluminium will be added to the government’s Import Control List system. In a statement released last week by the Aluminium Association of Canada, the organization praised the Canadian government’s use of...
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...
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...
Events
Possible Fake Semi Connection as Aluminium Exports Cascade out of Mexico for Vietnam in June
Mexican exports to Vietnam continued at a blistering pace in June, lending further credence to the notion that a stockpile of fake semis is being transferred out of a warehouse in Guanajuato. According to data from the Mexican Secretariat of Economy, the country exported 162,851 metric tons of aluminium to Vietnam in June, good for […]
U.S. Customs Considering Tariffs Change to Combat Fake Semis
U.S. Customs and Border Protection is working with the American aluminium industry to change aluminium tariffs in a manner designed to staunch the flow of fake semis from China into the global aluminium market. As previously detailed in these pages, major Chinese firms have been justifiably accused on several occasions of shipping partially-machined aluminium parts […]
Century’s Bless Presses On in Defense of Domestic Aluminium Industry
Century Aluminum’s CEO Michael Bless has been on a mission to combat what he (and many other experts) believes is the unfair manipulation of the global aluminium market by the People’s Republic of China. His fight, and plight, was detailed in an article by Bloomberg this week. Although he has had difficulty gaining traction, he […]
Chinese Fake Semis Fleeing Mexico for Vietnam
According to reports obtained by Aluminium Insider, a significant flow of fake semis has been emanating over the past several weeks from Mexico to Vietnam. The re-melted aluminium billet is likely to reenter the Asian market now that the United States market is closed to Chinese aluminium as a result of anti-dumping measures. Recent reports show […]
Aluminium Semis Exports from China Still Down Despite MoM Increase in May
According to numbers recently released from the People’s Republic of China, aluminium semis exports rose in the month of May by 1.4% month-on-month and 2.9% year-on-year. The rise to 374,000 metric tons of exported semis is attributed to a corresponding rise in flat-rolled products by 5% month-on-month to 155,000 metric tons, and aluminium foil exports […]
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 ...
