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 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
Government declared that it may impose a 10% safeguard duty on purchases of some aluminum products from China, South Korea, Oman and Iran. For full story, click here
Rusal, the world’s largest aluminum producer declared that prices for the metal will surge next year as China’s economy grows and as Western governments use monetary policy and spending to stimulate demand. Mr Artem Volynets Moscow based Rusal’s director of corporate strategy said: I think we will emerge a very different company in two or [...]
Australia’s government has put forth a review of Aluminum Corp. of China, or Chinalco’s, proposed US$19.5 billion investment in Rio Tinto Ltd in a sign that the deal faces intense scrutiny. The latest shareholder to raise its voice against the deal is Australian Foundation Investment Co. Ltd. which reported that Chinalco is being given significant [...]
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