Xi Jinping

U.S.-China Trade Tensions Sink Aluminium Prices To 14-Month Nadir

U.S.-China Trade Tensions Sink Aluminium Prices To 14-Month Nadir

Aluminium prices sunk to a new low on the year earlier this week due to market concerns that increased tensions between Washington, D.C. and Beijing are likely to set off a devastating trade war. According to market experts, comments by United States...

Events

Aluminium Capacity Cuts Announced in China’s Shanxi Province

The global aluminium market continues to be cautiously optimistic in the face of news from the People’s Republic of China that capacity cuts have been announced for cities outside the country’s 26+2 program. According to a notice posted Sunday on a local government website, administrators in the western Shanxi province city of Lüliang will soon […]

World Leaders Have Harsh Words for China’s Overcapacity at G20 Summit

The 2016 G20 Hangzhou summit concluded yesterday, and the continually problematic overcapacity in China’s metals industry attracted the attention of the assembled world leaders. Along with the global focus on steel, the continuing glut in China’s aluminium production came into the crosshairs as well. The relevant portion of the official communique, published late last night […]