G20

U.S.-China Trade Tensions Sink Aluminium Prices To 14-Month Nadir

U.S.-China Trade Tensions Sink Aluminium Prices To 14-Month Nadir

Aluminium prices sunk to a new low on the year earlier this week due to market concerns that increased tensions between Washington, D.C. and Beijing are likely to set off a devastating trade war. According to market experts, comments by United States...

European Aluminium Calls Upon EU for Relief from Trump’s Aluminium Tariff

Europe’s biggest aluminium trade group added its voice to the chorus of condemnation of U.S. President Donald Trump’s 10-percent blanket tariff on imported aluminium earlier this week, petitioning the European Union and its member states to act in defense of the continent’s aluminium sector. In an epistle penned by European Aluminium’s Director General Gerd Götz, […]

European Aluminium Lobbies G20 for Global Forum on Aluminium Capacity

Trade advocacy group European Aluminium is urging the G20 to establish a worldwide forum regarding excess aluminium capacity when it holds its annual summit in Hamburg next week. EA made the appeal on Thursday, asking the group to put into place a forum where transparent data and monitoring tools would be available to counter supply […]

World Leaders Have Harsh Words for China’s Overcapacity at G20 Summit

The 2016 G20 Hangzhou summit concluded yesterday, and the continually problematic overcapacity in China’s metals industry attracted the attention of the assembled world leaders. Along with the global focus on steel, the continuing glut in China’s aluminium production came into the crosshairs as well. The relevant portion of the official communique, published late last night […]