EU and US Converge to Soften Metal Tariff Stings, Advancing Green Subsidies
The European Union (EU) is setting the stage to mitigate the resurfacing of Trump-era metal tariffs and to alleviate the...
WORLD trade organization
Aluminium Trade Hurdles Discussed as Top EU Officials Converge on Washington
In a bid to smoothen the rough edges of trade relationships, high-ranking European Union (EU) officials have made their way to Washington. The core agenda is to resolve the lingering trade issues, particularly focusing on the aluminium sector, which has been a...
EU Introduces Pioneering Carbon Border Tariff on Imports
On Sunday, the European Union (EU) initiated the world’s first-ever system to levy CO2 emissions tariffs on imports. This ground-breaking...
China Raises Questions on EU’s High-Carbon Import Tariffs
The European Union (EU) is weighing implementing extra charges on certain imported goods like steel and cement. However, the People’s...
Events
WTO Rules In Favor Of US Against China’s Retaliatory Trade Measures Against Aluminium Tariff
Last week the Word Trade Organization (WTO) handed down a decision in a trade dispute between the United States and the People’s Republic of China, finding that the latter acted out of step with its obligations to the WTO by levying further tariffs on American imports in retaliation for US tariffs on Chinese aluminium and […]
United States And India Reach Trade Accord On Aluminium And Steel Imports
The governments of the United States and India announced an agreement last week in which India will remove retaliatory tariffs on aluminium and steel as well as the dismissal of half a dozen trade disputes between the two at the World Trade Organization (WTO). United States Trade Representative Katherine Tai made the announcement on Thursday […]
US Asks For Unlikely Exemption From EU Carbon Border Levy For Aluminium, Other Metals
The United States government is appealing to the European Union to be exempt from its carbon border levy this week, a move that experts say is likely to throw a wrench in talks for an overarching agreement on imports of aluminium and other metals. According to Bloomberg, insiders say the chances of the EU agreeing […]
WTO Rules Against Trump-Era Section 232 Tariffs On Aluminium And Steel
Last week the World Trade Organization ruled that the Trump-era import duties on aluminium and steel violated international law. On Friday the three-judge tribunal found that the import tariffs on aluminium and steel instituted in 2018 were in violation of the WTO’s rules and recommended that Washington amend the tariffs to comport to those rules. […]
Egypt Imposes Anti-Dumping Duties On Imports Of Certain Aluminium Products
The Egyptian government this week announced anti-dumping measures against imported aluminium products for the next three years. According to domestic media, the government will impose anti-dumping measures on molds, cylinders, and wire starting this week. The sanctions would be set at 16.5 percent of Insurance and Freight (CIF) value, with a minimum of US$333 per […]
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 ...
