Chinese aluminum imports surged again in June, but Western producers view the upward shift as a short-term situation as the government ends its stockpiling program, the arbitrage trade window shrinks and the market experiences seasonal softness. For full story, click here
Norsk Hydro, Europe’s third- leading aluminum maker, scrapped a plan to bid for Asia Aluminum Holdings Ltd., the failed Chinese metals company, its liquidator said. For full story, click here
The government is set to impose safeguard duty of up to 35 per cent on some aluminum products for two years to protect the domestic industry against cheap Chinese imports. For full story, click here
The central government of India is planning to impose a safe guard duty of up to 35% on some aluminum products for two years to protect the domestic industry against cheap Chinese imports. For full story, click here
The government is set to impose safeguard duty of up to 35 per cent on some aluminum products for two years to protect the domestic industry against cheap Chinese imports. For full story, click here
It is declared that China’s imports of refined copper have surged for three consecutive months reaching the highest point in April this year; aluminum imports have increased four fold. For full story, click here
A deal signed on Tuesday with the government of China has cleared the way for Trinidad and Tobago to move ahead with construction of its first aluminum smelter plant. For full story, click here
The general manager of a state-owned Chinese aluminum producer that is in the midst of a $19.5 billion deal to invest in global miner Rio Tinto Group has been named to a Cabinet post. For full story, click here
The results of the ferocious battle between a Chinese aluminum company and foreign investors over the merits of a proposed $1.2bn debt restructuring are set to come out this week. For full story, click here
The Chinese government has chosen 15 aluminum producers to start direct power supply business, in a bid to further cut their costs. For full story, click here
Wednesday, July 15, 2009