Thailand has opened a new anti-dumping exporter review covering Chinese aluminium extrusions, with a provisional 21.94 per cent cash deposit rate set for the applicant. Thailand's Department of Foreign Trade has initiated a new exporter review covering aluminium extrusions from China, adding...
Canadian Prime Minister Mark Carney has indicated Ottawa’s readiness to resume Canada-US trade talks and reach a deal with President Donald Trump, as the tariff debate continues to pressure deeply integrated supply chains. Tariff uncertainty could also pressure aluminium trade, costs, aluminium...
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According to China customs data, domestic aluminium extrusion exports in July 2024 amounted to 90,300 tonnes, marking a dramatic month-on-month fall of 74.8 per cent but a modest rise of 0.83 per cent year-on-year. In June, Chinese aluminium extrusion exports, including HS codes 76041010, 76041090,...
According to a report, China has denounced Canada's proposed tariffs on Chinese aluminium, steel, and electric vehicles. A spokesperson for the Chinese Embassy in Canada said Canada's tariff plans reflect a typical act of trade protectionism and political dominance. The spokesperson cautioned that...
Following the news on the Canadian Government’s plan to imitate the United States tariffs on Chinese aluminium, steel, and electric vehicles, the Aluminum Association released a statement applauding and welcoming a 25 per cent additional tariff on certain aluminium and aluminium products imported...
According to a recent report, the Canadian government is contemplating replicating the United States tariff plans on electric vehicles, aluminium, and steel imported from China. The news came on August 26 after the Toronto Star, a Canadian English-language broadsheet daily newspaper, reported about...
As part of a bold move to protect local jobs and the North American auto industry, Ryan Williams, MP for the Bay of Quinte, Canada, will reportedly submit a motion in Parliament on August 21, 2024, questioning the Federal Government's stance on tariffs for electric vehicles imported from China. In...
Thailand’s Foreign Trade Department has launched an anti-dumping investigation into the import of aluminium extrusions from China. This action comes in response to complaints from domestic steel manufacturers who argue that the increasing volume of imports is affecting local production. Ministry to...
In a rare joint statement, Catherine Cobden, President and CEO of the Canadian Steel Producers Association, and Jean Simard, President and CEO of the Aluminium Association of Canada, have raised concerns over the growing impact of Chinese overcapacity on Canadian markets. The two leaders...
Given the high demand for local suppliers of steel, aluminium and its alloys, the Ministry of Economy of Nuevo León and the Chain of Industry Producers in Mexico (CAPIM) are working to enhance the value chain. Nuevo León, officially the Free and Sovereign State of Nuevo León, is a state in...
The European Public Prosecutor’s Office (EPPO) in Cologne, Germany, has filed charges against two Chinese nationals for evading anti-dumping duties through a German company. The charges relate to 20 instances of aluminium foil imports into Germany. The defendants are allegedly accused of falsely...
Directorate General of Trade Remedies (DGTR) under the Ministry of Commerce and Industry has reportedly put forward the proposal of imposing an anti-dumping duty of up to INR 577 per tonne on aluminium frames originating from China. The news came last week after the Directorate stated the plan,...
The Material Recycling Association of India (MRAI) has reportedly urged the government to waive the 2.5 per cent import duty on aluminium scrap, following the Aluminium Association of India's demand for a rise in the same tariff to 7.5 per cent . Although AAI and MRAI's appeals are contradictory,...
During a visit to Custom Aluminum Products here this morning, Rep. Raja Krishnamoorthi (D-Illinois) expressed support for a trade case seeking to offset unfairly traded aluminum-extrusion imports brought by the U.S. Aluminum Extruders Coalition. Krishnamoorthi told 270 employees in a packed...
On July 17, 2024, A00 aluminium ingot price in China has experienced a minor decrease of RMB 30 per tonne after a huge downfall on the previous day of RMB 260 per tonne. With the latest fall, the domestic aluminium ingot price has shrunk below RMB 20,000 per tonne, settling at RMB 19,760 per tonne,...
Ahead of the Union Budget 2024, Indian aluminium producers have sought an increase in the import duty on aluminium scrap to 7.5 per cent from the present 2.5 per cent. In addition, they have also asked to maintain the import duty on primary aluminium at the current rate of 7.5 per cent or a...
According to a report by Mint, India's aluminium sector is advocating for increased import levies on aluminium and its scrap due to concerns about dumping by China, the Middle East, and ASEAN countries. Import duties on aluminium scrap to be raised In a budget proposal to the finance ministry, the...
This week, the upstream aluminium sector took centre stage, featuring numerous significant developments in price front, production, international trade policy, project clearance, and investment. The continuous price fall on the Shanghai Metals Market and London Metal Exchange throughout the week...
In addition to Century Aluminum, many US-based aluminium associations have also applauded the President’s decision to impose an additional 10 per cent tariff on aluminium imports in coordination with Mexico. This strategic move by US President Joe Biden is to check the means of escaping the tariff...
Century Aluminum Company, a US-based producer of primary aluminium, has wholeheartedly welcomed Joe Biden’s move to tighten aluminium and steel imports from China and other nations through Mexico. The United States administration has strategically imposed an additional 10 per cent tariff on primary...
