US industrial policy needs to be systematic, not just ad hoc – Part 1
Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 1 After decades during which the very concept was taboo and the reality swept under the rug, the US has now rediscovered industrial policy. But this rediscovery remains incomplete, as too much of it is...
US-Canada trade conflict widens as Canada hits US aluminium imports with 50% tariffs
Canada's retaliatory tariffs on US goods, including aluminium and steel products, take effect as Washington intensifies pressure on Canadian industry. Canada is escalating its trade confrontation with the United States, imposing tariffs of up to 50 per cent on US imports worth CAD 27.6 billion (USD...
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India's alumina producers seeking anti-dumping duty exemption on caustic soda
<p>India's domestic aluminium producers have been long demanding for an import duty protection for aluminium to which the government has responded in the affirmative only very recently. Now, the likes of Vedanta Ltd., National aluminium Company (Nalco), and Hindalco have again come up with the...
Century Aluminum shares trading 12% higher on Wednesday after election results
<p>Shares of Century Aluminum, a loss making producer of standard-grade, high-purity and value-added primary aluminium products in the U.S., are trading 12% higher on Wednesday bringing a sigh of relief to the investors.<br /><br />As a continuation of the downturn of US primary industry, Century...
Zhongwang circumvented AD/CVD duties through 5050 alloy aluminium extrusions: the U.S. DOC
<p>As a recent development in the case regarding circumvention of antidumping and countervailing duties by China Zhongwang, on Friday, the U.S. Department of Commerce determined through preliminary investigation that Zhongwang used heat-treated 5050 alloy aluminium extrusions to avoid duties, a...
India mines ministry to decide on duty protection for domestic aluminium sector
<p>India's primary aluminium producers are finally hoping to see some ray of hope as the country's mines ministry said that it is working to come out with a decision on duty protection measure for the domestic aluminium sector in a couple of weeks from now. <br /><br />"We are working to provide...
Homeland Security agents question U.S. Aluminium companies on fake Chinese imports
<p>According to a report from Wall Street Journal, Federal investigators have launched a probe into the allegations that some U.S. companies may be linked to aluminium giant China Zhongwang Holdings Ltd in evading import tariffs on Chinese aluminium by means of illegal ways.<br /> <br />As a...
Indian primary aluminium makers get Mecon to prepare a report on MIP for them
<p>India's primary aluminium producers have hired state-run engineering consultant Mecon Ltd to prepare a report exploring the possibility of introducing minimum import price (MIP) on aluminium products and approach the government with the same. <br /><br />The move was directed shortly after the...
The USW president expresses concern over the impact of unfair trade on the U.S. aluminium industry
<p>The president of United Steelworkers Local 420-A, Robert Smith recently testified before the U.S. International Trade Commission and expressed his concern over the impact of unfair trade on the aluminium industry in the United States.<br /><br />The hearing in Washington, D.C., was part of the...
Shareholders in Greece's PPC agree new tariffs with client Aluminium
<p>Greece's main power utility PPC secured shareholder approval on Wednesday of tariffs the company will charge its biggest client Aluminium of Greece, concluding two years of negotiations between the two companies over power supply prices.</p> <p>PPC, which is 51 percent owned by the state, and...
India to decide either in favour of MIP or hike duty on aluminium imports
<p>India may consider imposing a floor price or raise tax on imports of aluminium to protect the domestic industry from the onslaughts of cheap supplies from overseas markets, Mines Secretary Balwinder Kumar said on Tuesday. He said a decision on import duty hike or minimum import price (MIP) on...
Primary producers lobbying for profit; duty on aluminium would shut MSMEs: ASMA to Union Power Minister
<p>The downstream aluminum industry, who are mostly the micro, small and medium enterprises (MSMEs), has urged Union Power Minister Piyush Goyal that the import of raw material should have no duty or rather minimum duty and maximum duty must be imposed on the import of finished aluminium...
China denies foreign media reports of aluminum semis exports
<p>Foreign media recently reported that China exported large amounts of aluminum semis via Mexico to the US so as to evade US duties.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/alu%20semis.jpg"...
New Jersey factory linked to Chinese aluminium probe
<p>The U.S. Commerce Department is investigating whether thousands of tons of aluminium at a factory in a Philadelphia suburb are part of an alleged scheme by a Chinese billionaire to evade tariffs by disguising the metal as shipping pallets and then remelting them for other uses.<br /><br />The...
Curtain Wall Coalition pledges for trade tariffs on imports of curtain wall extrusions
<p>U.S. aluminium extrusion industry has been accusing Chinese aluminium exports of posing a threat to their business and trying to take over their market. Another industry that has recently come vocal on this issue is the curtain wall extrusion industry.<br /><br />Another trade group from U.S.,...
China denies aluminium exports evading U.S. duties
<p>A Chinese industry group has denied that the country's aluminium producers could be involved in exporting extrusion products via Mexico to circumvent U.S. duties, in the latest sign of bubbling trade tensions between the two nations.<br /><br />A report by the Wall Street Journal last week cited...
India Revenue department to hold Public Hearing on aluminium safeguard duty
<p>The Director General (Safeguards) India has decided in favour of holding a Public Hearing before any decision is taken regarding imposition of safeguard duty on unwrought aluminium imports from overseas markets to protect domestic manufacturers. Accordingly, the Revenue department will hold the...
Producers focused on expansion despite China’s promise to check excess aluminium capacity
<p>After the recently concluded bilateral dialogue between the U.S. and China during the G-20 Summit, both U.S. and China decided to work collectively to address the aluminium excess capacity issue.<br /><br />Chinese leaders promised to check excessive aluminium production that is flooding global...
Huge aluminium stockpile discovered in Mexican desert: U.S. sees a Chinese connection
<p>As reported by the Wall Street Journal, two years ago, a California aluminium executive commissioned a pilot to fly over the Mexican town of San José Iturbide, at the foot of the Sierra Gorda mountains, and snap aerial photos of a remote desert factory.<br /><br />He made a startling...
Australia to probe anti-dumping allegations on Vietnamese aluminium extrusion exporters
<p>The Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission has officially launched an investigation into the alleged dumping and subsidisation of aluminium extrusions by Malaysian and Vietnamese exporters.<br /><br />Australian aluminium extrusion manufacturer...
