People’s Republic of China

“Sucking Sound” Of Loss Of Aluminium Smelting Capacity The Result Of Beijing Subsidies: Alcoa CEO Harvey

“Sucking Sound” Of Loss Of Aluminium Smelting Capacity The Result Of Beijing Subsidies: Alcoa CEO Harvey

Monstrous subsidies from Beijing is contributing to the continued bloat of aluminium production in the People’s Republic of China according to Alcoa Corporation’s CEO Roy Harvey, and he’s working to muster support from government officials around the globe to help put a...

Events

State-Subsidized Imports Crippling U.S. Aluminium Producers: Report

Bolstering the case made by a recent report issued by the Organization for Economic Cooperation and Development (OECD), a white paper released on Tuesday by the American Primary Aluminum Association (APAA) argues that state subsidies of domestic aluminium production is widespread and pervasive, and the subsidies are having a harmful effect on producers in market-based […]

Post-Holiday Aluminium Inventories In China See Slight Drop Off

The second post-holiday aluminium inventory for eight consumption areas in the People’s Republic of China was reported yesterday, and the numbers reflected a drop-off from levels reported the week prior. According to inventory numbers released by Shanghai Metals Market, combined inventories across eight of China’s main consumption areas totaled 1.299 million metric tons. That total, […]

China To Restrict Imports Of Scrap Aluminium And Steel Beginning On July 1

Commencing on July 1, the People’s Republic of China will begin limiting imports of scrap aluminium and steel, ostensibly in an effort at increasing domestic recycling rates. In a statement released by China’s Ministry of Ecology and Environment, scrap aluminium and steel will be reclassified, effective in July, from the unrestricted import list of solid […]

Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes

A trio of sources claiming knowledge told Reuters yesterday that representatives from China Hongqiao Group, Aluminum Corp of China Ltd (Chalco), and other Chinese major aluminium producers will hold a meeting today to hash out the implications of falling prices and weak demand for the country’s aluminium sector. Per the unnamed sources, the China Nonferrous […]

AEC Welcomes Aluminium Extrusion Transshipment Determination By U.S. Government Against Two Chinese Firms

American aluminium trade group The Aluminum Extruders Council (AEC) yesterday greeted the news that the Federal government determined that imports from Chinese firm Sun Bright International Corporation and Fair Importing Corporation constitute illicit transshipment of extruded aluminium into the United States. Earlier this week U.S. Customs and Border Protection (CBP) released results of its Enforce […]