Chinalco Reports 31.8 Percent Jump In Revenue For 2019’s Opening Half
Despite growing downward pressure on the industry and evaporating profit margins, Aluminum Corporation of China (Chinalco) reported a record high...
People’s Republic of China
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade tensions, tariffs, reciprocal tariffs, environmental crackdowns, and all manner of price fluctuations across the entire spectrum of the aluminium value chain, the...
India Mulling Antidumping Duties On Aluminium-Coated Products From China, Vietnam, South Korea
The Indian government is weighing the imposition of a provisional antidumping duty on imported aluminium- and zinc-coated flat products of...
China Sets Fourth-Quarter Aluminium Scrap Import Quota At 306,930 Metric Tons
Beijing issued scrap metal import quotas for the third quarter on Wednesday, with increases in allowed tonnage for aluminium, copper,...
Events
Henan To Cap Primary Aluminium Production, Increase Value-Added Capacity In 2020
The government of China’s top aluminium-smelting region announced plans earlier this week to limit primary aluminium production to 2.5 million metric tons per annum beginning next year in order to allow it to transition into a more downstream-oriented production paradigm. Overall the Henan provincial government plans to turn out 12 million metric tons per annum […]
China’s Bauxite Ore Imports Rose By 33.18 Percent On The Year In May
Though down slightly from the prior month, May saw imports of bauxite ore into the People’s Republic of China spike by double digits on the year last month. Such was the story told by numbers released by Customs officials in Beijing earlier this week. Per Customs, imports of the aluminium precursor last month totaled 9.71 […]
China Releases Strict Aluminium Scrap Import Quotas For Third Quarter
The government of the People’s Republic of China issued the first round of aluminium scrap import quotas earlier this week. The quotas, which are set to go into effect on July 1, will see a drop in aluminium scrap shipped into Chinese ports of almost 85 percent. As of July 1, aluminium scrap imported into […]
Baosteel To Build Aluminium Test Project In Henan Province
China’s Henan province will be the home of an aluminium test project operated by Baoshan Iron and Steel Co Ltd (Baosteel) later next year according to the local authorities at the planned plant’s location. The Sanmenxia City Urban and Rural Integration Demonstration Zone said in a press release that the initial phase of the project […]
Smelter Restarts Push China’s May Aluminium Production Up By 2.1 Percent
Aluminium smelter restarts and a recovery in prices helped drive up China’s output last month, pushing production up by 2.4 percent on the year. Such was the story told by numbers released by the National Bureau of Statistics (NBS) on Friday. May saw 2.98 million metric tons of aluminium roll out of Chinese smelters, up […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
