Republic of Korea

Aluminium Stewardship Initiative Certifies Three North American Novelis Plants

Aluminium Stewardship Initiative Certifies Three North American Novelis Plants

Trade group Aluminium Stewardship Initiative certified a trio of Novelis’s North American aluminium plants under its ASI Performance Standard V2 (2017) last week. ASI said in a press release that Novelis production facilities in Georgia, Kentucky, and Ohio join eleven of the...

Events

South Korean Aluminium Industry Joins To Oppose Mingtai Project At Gwangyang Bay

In an effort at staving off an incursion by aluminium producers from the People’s Republic of China, the Republic of Korea’s aluminium sector has come together to attempt to turn away a Chinese aluminium giant at the gates. Representatives of the Korea Nonferrous Metal Association met with officials from South Jeolla Province’s Gwangyang Bay Area […]

No Guarantees on Extending Trump Aluminium Tariff Reprieves: Commerce Sec’y Ross

With the exception deadline looming, Trump administration officials say reprieves granted certain countries to the blanket 10-percent tariffs enacted earlier this month may not all be extended. In comments made to Bloomberg on Saturday, Commerce Secretary Wilbur Ross demurred when asked to specify precisely which countries would continue to enjoy their exceptions, saying that an […]

U.S. Trade Reps At Negotiating Table with E.U., Australian, and Argentinian Reps Over Trump Aluminium Tariffs

A top trade official in the Trump Administration told a United States legislative committee that the executive branch is discussing exclusions to the blanket 10-percent aluminium tariffs with trade representatives from the European Union, Australia, and Argentina, and indicated that talks may soon open with the government of Brazil. U.S. Trade Representative Robert Lighthizer made […]

As Domestic Demand Wanes, S Korean Smelters Target Japan

According to aluminium market sources interviewed by Platts, smelters in the Republic of Korea are targeting Japanese customers as the domestic automobile industry experiences a decline. One smelter is running at eighty percent capacity at the present time, but it is in search of foreign buyers as the domestic demand for certain alloys has dropped, […]