People’s Republic of China

China Government Planning Strict New Standards For Imported Scrap Aluminium, Copper

China Government Planning Strict New Standards For Imported Scrap Aluminium, Copper

According to a report obtained by a prominent commodities news outlet, the government of the People’s Republic of China is planning to recategorize high-purity scrap metal imports only months after setting quotas on the import of the same. Per Argus media, an...

Events

Unplanned Outages Drop China’s Aluminium Production By 0.5 Percent In August

Unplanned aluminum production outages at two of the country’s main smelters helped drop the People’s Republic of China’s total production by 0.5 percent on the month in August according to numbers released yesterday by the National Bureau of Statistics (NBS). Per Beijing’s numbers, China’s aluminium smelters combined to produce 2.97 million metric tons of primary […]

China Imports Of Bauxite Ore Rose By 24.9 Percent In 2019 Through July

As improvements to low-temperature alumina production continue by refiners in the People’s Republic of China, the country’s thirst for overseas bauxite increases. Such was the story told by Customs data released on Sunday that showed a 24.9 percent jump on the year in imported bauxite in the year’s first seven months. Customs data on HS […]

Beijing Raises Tariff On U.S. Imported Aluminium Scrap By 5 Percent

The stakes have risen in the escalating trade war between the governments of the United States and the People’s Republic of China, as Beijing revealed late Friday that tariffs upon aluminium scrap and copper scrap imported from American sellers will increase by 5 percent in December. A list of retaliatory tariffs published by the Ministry […]

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 in revenue for the first half of the year yesterday. According to state-run media, Chinalco recorded CNY170 billion (US$24.7 billion) in revenue for the opening six months of 2019, good for an increase of 31.8 […]