Republic of Korea

Lotte Aluminium To Build Anode Foil Plant In Hungary

Lotte Aluminium To Build Anode Foil Plant In Hungary

South Korean packaging firm Lotte Aluminium announced earlier this week its plans to construct an aluminium anode foil production plant in Hungary. Per the firm, the ₩110 billion (US$90.6 million) plan will involve the construction of an industrial complex in Tatabanya, Hungary...

Events

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, […]

Australia’s Government to Fast Track Decision on Aluminium Dumping Question

Australia’s Minister for Industry, Innovation and Science Christopher Pyne has asked the country’s anti-dumping regulator to fast track its opinion as to whether increased shipping of aluminium and steel from several Asian countries (including the People’s Republic of China) constitute unfair trade practices that have harmed domestic businesses. “We believe in free trade, but we […]