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...
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...
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U.S. extends deadline for investigating China aluminium extrusions
The U.S. Department of Commerce's International Trade Administration extended its Dec. 7 deadline for initiating an investigation into allegations that a Chinese aluminium extruder had been evading U.S. import duties by 45 days, according to documents filed on Monday, December 7th. ITA determines...
Hike aluminium import duty to 7.5%: Indian Mines Ministry
The Mines Ministry of India has asked the Finance Ministry to hike import duty on aluminium to 7.5 per cent to protect domestic industry from cheaper metal imports from countries like China. The import duty on aluminium at present is 5 per cent. "The Mines Ministry has written to the Finance...
Indian Government mulling import duty rise for aluminium
The government is considering raising import duty on aluminium products by as much as five per cent, among other policy measures, to tackle unabated import of cheap products adversely impacting the sector. "Domestic industry is going through tough a time. Some firms have approached the Directorate...
Senators press U.S. administration on China aluminum extrusion duties
The U.S. senators on November 18, Wednesday, urged the Obama administration to enforce duties on Chinese aluminium extrusions, the latest call for government action as the U.S. industry escalated calls to curb subsidized imports of the metal. In a letter to Department of Commerce Secretary Penny...
Power tariff cuts and falling coal prices to keep Chinese aluminium smelters productive
Aluminium prices in China, presently the biggest exporter of the metal across global markets, are nowhere near bottom even when they are now just one step to 10,000 yuan per tonne. Despite spurious production cuts here and there, the country’s aluminium output has been hitting new highs. China...
Chinalco delays closure of its Liancheng aluminium smelter
Aluminum Corp of China (Chinalco) has delayed a planned shutdown of metal production at its Liancheng aluminium smelter after authorities agreed to offer electricity at a cheaper rate. Chinalco, China's biggest aluminium and alumina producer, had planned to shutdown its Gansu aluminium smelter two...
China Zhongwang denies United States' aluminum extrusions dumping accusations
China Zhongwang Holdings Ltd , the world's second largest producer of aluminum extrusions, denied U.S. accusations it had evaded import duties, saying its export business had been conducted in strict accordance with rules in China and overseas markets. The accusations are the first formal U.S. move...
AEC Files Scope Clarification and Circumvention Case against China Zhongwang Holdings Ltd
The Aluminum Extruders Council (AEC) filed a petition against China Zhongwang Holdings Ltd. alleging the company has systematically and illegally evaded duties on aluminum extrusions imported into the United States. The alleged scheme involves hundreds of millions of pounds of aluminum extrusions...
Govt of India may double aluminium import duty to 10%
The government of India is considering a move to double 5 per cent import duty on aluminium in a bid to salvage Rs 1.2 lakh crore of bank-financed capex investments by domestic players like Vedanta and Hindalco, and protect the 7.5 lakh jobs jeopardized by cheap imports that have captured well over...
AAI pitches for a safeguard duty in meeting with India's Revenue Secretary
Facing the twin onslaught of galloping imports and meltdown in global prices, the domestic aluminium industry on Wednesday made a strong pitch for a safeguard duty breather in its meeting with revenue secretary even as its demand for doubling import duty to 10% remains unanswered. Sources said...
Indian aluminium industry officials to meet Revenue Secretary on safeguard duty
Indian aluminium industry officials are set to meet Revenue Secretary Hasmukh Adhia this week and pitch for a safeguard duty on the lines of one on steel products in a bid to check cheap imports from China and the Middle-East. Following the imposition of 20 per cent provisional safeguard duty on...
Indian aluminium producers seek 15% import duty in FY17 Budget
Battered by surge in imports from China and West Asia, the domestic aluminium producers under the banner of Aluminium Association of India (AAI) have sought an enabling provision of 15 per cent duty on aluminium imports in the Budget for 2016-17. "We have sought an enabling provision of 15 per cent...
US industry expresses concerns over mounting Chinese aluminum imports
The Aluminum Association has decided to approach the World Customs Organization (WCO) to seek a permanent solution to the problem of rising aluminum product imports from China. Further, the industry body has urged the US government to conduct bilateral talks with Chinese authorities in an attempt...
Aluminum industry body asks U.S. authorities to probe China exports
A U.S. aluminum industry body has called on federal authorities to investigate allegations that Chinese producers of the metal are improperly labeling their exports, flooding the market and driving down global prices. Aluminum producers in the United States have alleged that the Chinese have...
Hulamin requests for import duty hike on aluminium products
Africa's largest producer of rolled and extruded aluminium products, Hulamin, is asking the government to protect it from cheaper imports through higher import duties on all of its products to the maximum level of 15%. The move follows applications made to the International Trade Administration...
Indian aluminium makers need to be cost competitive, say analysts
Hurt by spate of cheaper imports and plummeting LME (London Metal Exchange) prices, Indian aluminium makers need to focus on cost competitiveness in the long run to compete against their global counterparts, observe analysts. Aluminium producers like National Aluminium Company (Nalco), Hindalco...
Indian aluminium industry asks government to hike import duty
India's aluminium industry on September 12 called on the government to raise duties on import of the metal to stem the flow of cheap imports from China. An Aluminium Association of India delegation, led by Vedanta Group chief executive Tom Albanese, Hindalco deputy managing director D Satish Pai...
Aluminum Association opposes CNIA call for export tax removal on primary aluminum
The Aluminum Association, which represents producers and suppliers to the North American aluminum industry, expressed strong concern about a recent call from the Chinese Non-Ferrous Metals Industry Association for the removal of a long-standing 15 percent tax on primary aluminum exported from...
