Mexico and Argentina take different AD actions on Chinese aluminium products
Mexico and Argentina are moving in different directions on aluminium imports from China. Mexico has imposed a new anti-dumping duty on aluminium bars, rods and profiles, while Argentina has dropped its existing anti-dumping order on certain aluminium tubes. Mexico has issued an anti-dumping duty...
Energy costs drive China's August inflation as non-ferrous metals surge 20.8%
China's producer inflation accelerated in August as higher energy and non-ferrous metal prices pushed industrial costs higher, while weak domestic demand kept consumer inflation subdued. China's factory-gate inflation accelerated in August, with non-ferrous metal smelting and processing prices...
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Cracks in the supply chain? US delisting Chinese stocks could open new doors for aluminium businesses elsewhere
The latest shot fired in the ongoing US-China economic standoff could have far-reaching implications for the global aluminium industry. Speaking in no uncertain terms, Scott Bessent, an economic advisor to former President Donald Trump, stated that “all options are on the table,” including the...
The US announced exemptions for certain products from reciprocal tariffs, macro sentiment improved, with aluminium futures on rise
Futures: On Friday night, the most-traded SHFE aluminium 2506 contract opened at RMB 19,700 per tonne, with a high of RMB 19,720 per tonne and a low of RMB 19,615 per tonne, closing at RMB 19,690 per tonne, up RMB 50 per tonne or 0.25 per cent from the previous close. On Friday, LME aluminium...
Short-term easing of international trade frictions, short-term bullish factors dominate
Futures: Last night, the SHFE aluminium 2505 contract opened at RMB 19,780 per tonne, with a high of RMB 19,810 per tonne and a low of RMB 19,670 per tonne, closing at RMB 19,725 per tonne, up RMB 110 per tonne, a 0.56 per cent increase. Last night, LME aluminium opened at USD 2,366 per tonne, with...
Chalco reveals Q1 profit estimation with a surprise Chinalco’s stake hike revelation
As recently shared by Aluminium Corporation of China, popularly known as Chalco (HKG:2600, SHA: 601600), in the first quarter of 2025, the multinational aluminium production company expects a lucrative profit between RMB 3.4 billion (USD 476 million) and RMB 3.6 billion (USD 504 million). This...
Not 104%, but 129%! Will China see additional 50% duty? Impacts spread across borders…
China’s ‘blow-for-blow’ strategy in response to the United States' 34 per cent reciprocal duty apparently leads to the addition of another round of tariff to the existing thread. On Tuesday, April 8, the US government threatened to impose an additional 50 per cent tariff on all Chinese products in...
Jan-Feb 2025: alumina production grows 4.4% worldwide, powered by China’s capacity expansion
During January-February 2025, the world's metallurgical-grade alumina production recorded an impressive increase of 4.41 per cent, reaching 23.015 million tonnes versus 22.043 million tonnes a year ago. In both January and February, the output increased Y-o-Y by 6.77 per cent and 1.89 per cent,...
SMM exclusive: Aluminium production overview for March 2025 and April forecast
According to SMM statistics, domestic aluminium production in March 2025 (31 days) increased by 3.7 per cent Y-o-Y and 11.2 per cent M-o-M. Domestic aluminium operating capacity increased M-o-M, mainly due to the gradual resumption of production at aluminium smelters, with some resumptions in...
Aluminium-made PC cases and graphic cards face price hike struggles due to Trump tariffs
Among end-user products made of aluminium, cans and bottles are one category affected by the US tariffs; PC cases and graphic cards are another facing challenges due to tariff implementation on Chinese aluminium imports from March 12, 2025. Image source: Medical Buyer PC makers were already...
SMM exclusive: Alumina production overview for March 2025 and April Forecast
According to SMM data, China's metallurgical-grade alumina production in March 2025 (31 days) increased by 8.86 per cent M-o-M and 11.32 per cent Y-o-Y. As of the end of March, China's metallurgical-grade alumina existing capacity was around 105.02 million tonnes, with actual operating capacity...
Is Chinese countermeasure upon US a stint to regain control over the losing grip on rare earth?
China has imposed a whopping 34 per cent tariff on all imports but that was not all on Friday’s announcement. The country decided to curtail rare earth exports to the US. Now, out of anything and everything, one must be curious about why rare earth took centre stage. The recent actions, perceived...
US-China trade war shows no sign of ending! China also slaps US with 34% tariff in retaliation
How much is too much? The growing chain of tariffs between the United States and its trade partners is expanding at an alarming rate while industries brace for the impact of escalating trade wars. Following the United States' announcement of reciprocal tariffs on what it called 'Liberation Day,'...
Trump wields tariff stick, aluminium industry chain's positive factors fail to mask short-term price downward pressure
Futures market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,455 per tonne, with a high of RMB 20,520 per tonne, a low of RMB 20,430 per tonne, and closed at RMB 20,520 per tonne, up RMB 80 per tonne, or 0.39 per cent. Yesterday, LME aluminium opened at USD 2,509 per...
China tightens regulations on new alumina plant construction to address overcapacity
With an agenda of counteracting persistent overcapacity and subsequently stabilising global alumina prices, China has come up with a bunch of measures (of course, in a series) aimed at curtailing the rapid expansion of alumina production. The new directives, outlined in the Ministry of Industry and...
On the eve of the full implementation of us tariff policies, market sentiment remains cautious, aluminium prices maintain fluctuating trend
Futures: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,425 per tonne, with a high of RMB 20,465 per tonne, a low of RMB 20,365 per tonne, and closed at RMB 20,415 per tonne, down RMB 70 per tonne, or 0.34 per cent. Yesterday, LME aluminium opened at USD 2,542 per tonne,...
Is foil import from China on track to tank post India’s anti-dumping duty enforcement?
In a calculated move to tackle the overstuffing of the ‘material in question’ in its domestic aluminium industry, the Indian government imposed a provisional anti-dumping duty on aluminium foil imports from China. Effective from March 17, 2025, this measure levies duties ranging between USD 619 and...
"I foresee huge growth for the platform economy, open talent and freelancing as more companies, organisations and individuals demand freedom, flexibility and choice as to when, where and how they work," Glen Hodgson, Founder and CEO of Free Trade Europa
Free Trade Europa is a think tank delving into the development of short, easily digestible thought pieces on key dossiers and acts as a commentator on European policy developments. The entity also prepares conferences, briefings and seminars relevant concerns. Glen Hodgson, Founder and CEO of Free...
Structural recovery in aluminium processing PMI for March — Peak season demand fails to mask concerns over high aluminium prices and export pressures
According to data from SMM, China’s aluminium processing industry composite PMI index for March 2025 stood at 61.6 per cent, remaining above the boom-bust line. Driven by the traditional peak season and policy tailwinds, the domestic aluminium processing industry showed structural recovery in March...
EU aluminium trade deficit hits €11B — Imports skyrocket as domestic production struggles against high energy costs
In 2024, the European Union (EU) found itself tussling with a significant trade deficit of EUR 11.1 billion in aluminium and related articles. This figure emerged from imports totalling EUR 29.5 billion, overshadowing exports valued at EUR 18.4 billion. Since 2019, imports have surged by 29.9 per...
