The Islamic Republic of Iran’s aluminum produce has increased to 8 percent in the first month of the new Iranian year (started March 20, 2010). This is compared to March 20 of 2009. The news added the information: Iran has produced 25,732 tons aluminum during the last Iranian month (March 20-April 20, 2010) showing 8 [...]
Aluminum showed good recovery this month today on back of imports done by both China and US. China’s implied aluminium demand surged by nearly 11% in June versus the month before on an annualized basis. For full story, click here
Aluminum stockpiles in Japan dipped by 15 percent in June from a month earlier to the lowest level since July last year as domestic demand surged and traders reduced metal imports. For full story, click here
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
Aluminum stockpiles have risen consistently this year amid the downturn in the auto sector; however recent evidence that the economy is improving combined with confidence in Chinese purchases have lifted aluminum demand.
Aluminum stockpiles in Japan dipped by 15 percent in June from a month earlier to the lowest level since July last year as domestic demand increased and traders reduced metal imports. For full story, click here
The U.S. and the EU have both launched World Trade Organization complaints against China on the grounds that Beijing unfairly helps domestic makers of steel and aluminum, by blocking overseas exports of raw materials.
The central government of India declared that it 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
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