Aluminium Magnate Oleg Deripaska Critical Of Russia’s Outdated Financial System
Russian oligarch and aluminium titan Oleg Deripaska went on record earlier this week criticizing his country’s outdated financial system, noting...
People’s Republic of China
Yunnan Power Cuts Drive Up China’s Aluminium Imports By 27.1 Percent In April
Aluminium imports into the People’s Republic of China rose by 27.1 percent on the year last month partly as a result of power supply issues plaguing aluminium smelters in the southwest of the country. April saw the Middle Kingdom bring in 222,851...
China’s Unwrought Aluminium Imports Rises By 11.3 Percent In Opening Two Months Of 2023
Customs data released last week by the Chinese government show that imports of aluminium into the country over the first...
China’s Aluminium Production Sets New Record High In 2022 As Imports Fall Off
Numbers released this week by Beijing show that the People’s Republic of China’s aluminium production rose to a new record...
Events
Rusal Seeks To Grow Low-Carbon Aluminium Sales To China
Russian Federation aluminium giant UC Rusal is mulling increasing its presence in the People’s Republic of China’s low-carbon aluminium market, drawn by increased demand for it in the electric vehicles sector and a friendlier business climate. On Friday, Huang Wenqian, vice president at Rusal Shanghai Economic and Trade Company Limited, was confident that Rusal would […]
Brazil To Enact Import Duties On Aluminium Sheet Imports From China
The Brazilian government has become the next jurisdiction to impose trade sanctions on imports of aluminium from sellers in the People’s Republic of China. According to an announcement from China’s Ministry of Commerce late last week, the Brazilian government will begin to impose countervailing duties at the end of March on aluminium sheet products exported […]
Aluminium Imports Into China Fall In November As Smelters Increase Production
Imports of aluminium into the People’s Republic of China fell by 35.7 percent on the year in November, while its domestic aluminium output rose by 9.4 percent from last year’s November total. November saw 255,744 metric tons of aluminium arrive on China’s shores according to newly-released data from the General Administration of Customs, better by […]
AEC Praises ITC’s Renewal Of Antidumping And Countervailing Duties Against China’s Aluminium Extruders
Trade group American Extruders Council (AEC) lauded the U.S. International Trade Commission’s (ITC) unanimous decision this week to extend protections from subsidized aluminium imports from the People’s Republic of China. The ITC’s decision to extend protections for US aluminium extruders came in the five-year sunset review of the protections it enacted in 2017. ITC’s reviews […]
Power Woes Across China Predicted To Push Short-Term Aluminium Demand
An industry analyst last week noted the continuing power shortage in the People’s Republic of China and forecast that the situation is likely to bump demand for both aluminium and copper in the coming months. According to a report released by ANZ, upgrades to the country’s power grid have been in the works, but rampant […]
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 ...
