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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Fernando Garcia Martinez, vice president of operations at Mexican aluminium institute IMEDAL, said that the entire light metal supply chain is being impacted, with premiums rising, including in the United States. Under a side agreement within the United States-Mexico-Canada Agreement (USMCA),...
On May 2, 2024, the US Department of Commerce released a preliminary list of aluminium extrusion producers and exporters who sold their products at less than legitimate value in the United States. Those producers and exporters are primarily from China, Colombia, Ecuador, India, Indonesia, Italy,...
The preliminary ruling by the U.S. government on an anti-dumping investigation concerning imported aluminium products has sparked concerns within the Korean industry. In response to this development, the Korean Ministry of Trade, Industry, and Energy (MOTIE) convened a countermeasures meeting with...
Following the United States' command to the Mexican government to prevent China from shipping metals to the US via its ports, Mexico has announced an increase in border tariffs on many types of aluminium and aluminium products imported from China. A week ago, United States President Joe Biden...
LME aluminium opened at US$2,580 per tonne in the previous trading day, with its high and low at US$2,614.50 per tonne and US$2,563 per tonne respectively before closing at US$2,584 per tonne, up US$8 per tonne or 0.31 per cent. The London Metal Exchange graph registered slow growth in aluminium...
This week, significant shifts reshaped the primary aluminium sector. The Biden administration's decision to triple tariffs on Chinese aluminium and steel imports aims to curb overproduction and level the playing field for American metal industries. Supported by the Aluminum Association, this move...
China has strongly opposed the United States imposing new restrictive measures on Chinese aluminium and steel products, condemning the move as unilateral and protectionist. The announcement came from China's Commerce Ministry, which denounced the US actions and labelled the accusations against...
According to a report on April 18, United States President Joe Biden has tripled the current 7.5 per cent tariff on Chinese aluminium and steel imports and is putting pressure on Mexico to prevent China from shipping metals to the United States via Mexican ports. In response to this move, the White...
The European Commission has released a revised report on state-led distortions within the Chinese economy, expanding its scope to include additional sectors. This move may allow EU chip and clean-tech producers to file anti-dumping complaints. Published on March 10, 2024, the updated report is 712...
The Rishi Sunak Government's decision to delay or weaken UK climate targets has stirred concerns among environmentalists and industry players alike. This shift has not only impacted the UK's carbon market but also raised potential challenges for exporters facing EU carbon border taxes. Let's delve...
In the realm of downstream aluminium, recent developments herald both challenges and opportunities across global markets. From India's deliberation over anti-dumping duties on Thai aluminium foil imports, stirring optimism for local producers like Hindalco Industries, to Japan's anticipated surge...
The Finance Ministry of India has imposed a definitive anti-dumping duty on imports of cast aluminium alloy wheels or Alloy Road Wheels (ARW) originating from China. The definitive anti-dumping duty, which remains effective for five years, varies between $0.23 per kg and $1.71 per kg depending on...
On Tuesday, March 5, the US Department of Commerce announced the implementation of preliminary countervailing duties on aluminium extrusion imports from China, Indonesia, Mexico, and Turkey, claiming to protect the business of domestic extrusion manufacturers. For each country, the Department of...
On Tuesday, February 27, The UK Trade Remedies Authority announced that it reconsidered decisions concerning anti-dumping measures on aluminium extrusion imports from China. Of the two decisions, one is related to the recommendation of anti-dumping measures on certain Chinese aluminium extrusions,...
The United States has reportedly ruled out Russian aluminium and nickel from its new set of sanctions, which made several roundups in the media since early February 2024. According to the latest report on Monday, February 26, the United States declared sanctions on more than 500 people and entities...
Pennsylvania, the fifth-most populous state in the United States, is reportedly facing economic distress due to inflation and unemployment. Strained global supply chains, labour shortages, and historic inflation outpacing income have been causing hurdles for the past few years. Role of aluminium &...
On Monday, February 5, the China Nonferrous Metals Industry Association communicated that aluminium product export from China to the European Union, covered by the carbon border tariff, fell 30 per cent Y-o-Y in 2023. The Association showed that China exported 689,000 tonnes of aluminium products...
The Beer Institute, the longstanding national trade association dedicated to representing the beer industry, issued a response following the introduction of H.R.7078, known as ‘The False Claims Enhancement Act,’ by Rep. Ken Buck (CO-04). This proposed legislation aims to establish accountability...
