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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The Govt. may not approve of Chinese smelter owners' plea to remove export duty
At the China International Aluminium Industry Exhibition, some of the Chinese aluminium smelters have approached the government to revoke the 15% export duty that is imposed on primary aluminium, as reported on Tuesday. However, traders in the aluminium business believe that the abolition will not...
The EU import tariff on primary aluminium costs billions of Euros to downstream SME's
The first-ever economic study on the downstream EU aluminium industry conducted by LUISS University in Rome unveils the magnitude of the damage inflicted on EU SME's and the unfair competitive advantages given to EU and extra-EU producers by the current import tariff regime and the financial...
U.S. Aluminum Extruders see 10-15% increase in business
Ducker Worldwide, an independent consulting and research firm, recently concluded a study on behalf of the Aluminum Extruders Council (AEC) focused on identifying the benefits from and future risks to the U.S. Aluminum Extrusion market’s trade case against the People’s Republic of China. This...
Removal of Australia alumina export tariff to have little impact on exports to China
The 8% export duty on Australian alumina has been removed under the China-Australia Free Trade Agreement signed on November 17, but this move will have little impact on Australian alumina exports to China, Shanghai Metals Market understands. The current FOB price of Western Australian alumina is $...
China deal to boost WA miners and farmers
WA miners and farmers stand to be the biggest winners from the nation's biggest-ever trade deal that is set to be signed today between Australia and China. Prime Minister Tony Abbott and Chinese President Xi Jinping will formally sign a free trade agreement that will slash almost every single...
UAE relieved of safeguard duties due to be imposed by India
In a report released by His Excellency Abdullah Sultan Al Shamsi, the assistant Undersecretary of Industry in the Ministry of Economy, he stated that the Government of India had started an investigation on 7th April 2014, regarding import of aluminium ingots from UAE to India. The root of the...
Aluminium ingot exports to India will not face duties or compensation fees
The Ministry of Economy announced on Sunday that following Indian authorities’ investigation into the UAE’s aluminium ingot exports to India will not result in the imposition of any duty or tariff. Abdullah Sultan Al Shamsi, Assistant Under-Secretary for Industry in the Ministry of Economy, said...
Cheap imports push Aluworks to the margins
Cheap Chinese aluminium products, buoyed by a kind export rebate, have taken over the Ghanaian market and are pushing the nation’s main manufacturer of aluminium products -- Aluworks -- to the fringes. Aluworks’ MD Kwesi Okoh is troubled by the situation and is calling on the Ghanaian government to...
EU may renew import duties on aluminium foil from China and Brazil to avoid dumping
The European Union is investigating whether they need to renew the import duties imposed on the Chinese and Brazilian aluminium-foil exporters making it as high as 30 percent on companies like the Companhia Brasileira de Aluminio and Shanghai-based Alcoa Aluminium Products Co. The tariffs are...
European Union threatens to impose anti-dumping duties against Russia
Russia faces threats of tariffs on aluminium foil import imposed by the European Union following a complaint registered by a group of European aluminium-foil manufacturers like Eurofoil Luxembourg and Alcomet on August 25, which included German producers Hydro Aluminium Rolled Products GmbH and AFM...
China, Brazil may face renewed EU duties on aluminum foil
The European Union threatened to renew tariffs on aluminum foil from China and Brazil for another five years while letting lapse a similar levy against Armenia. The EU said it would examine whether to re-impose the duties as high as 30 percent on Chinese and Brazilian aluminum-foil exporters such...
US to keep antidumping duty orders on refined brown aluminum oxide from China
The U.S. government determined on Thursday it would maintain the existing antidumping duty orders on refined brown aluminum oxide (RBAO) from China, despite Beijing 's repeated calls for Washington to drop protectionism. The U.S. International Trade Commission (USITC) concluded in a ruling that...
Cheap imports affect Aluworks’ market share
Aluworks Limited, the aluminium products manufacturer, says its market share has shrunk as cheap imported substitutes continue to undercut its business. Kwadwo Kwarteng, board chairman, told the B&FT in Accra on the sidelines of this year's annual general meeting that the company’s market share has...
Hiked duty on bauxite, stainless steel to help Indian firms
Chennai, July 10 (IANS) The hike in export duty on bauxite and the import duty on flat rolled products of stainless steel proposed by union Finance Minister Arun Jaitley is favourable for the domestic players, said a sectoral analyst. "It augurs well for aluminium industry's capacity expansion...
China’s primary aluminum imports and exports both grow in May
Inbound and outbound shipments of China’s primary aluminum both grew in May from a year ago, Shanghai Metals Market understood. Inbound shipments of the material jumped 10.24% year-on-year to 24,000 tonnes in May, China Customs showed. SMM believed these imported goods were probably used for...
India launches safeguard investigation on imports of unwrought aluminium
The World Trade Organisation (WTO) has informed that India has launched a safeguard investigation to determine whether increased imports of unwrought aluminium is causing a threat or is adversely impacting the prospects of the domestic industry. According to WTO, India notified the Commitee on...
Indian aluminum producers look to safeguard against Chinese imports
Faced with increase in cheaper imports of ingots some of India’s aluminum producers now demand a safeguard duty, but cheaper aluminum auto component imports continue to worry Indian domestic producers. The ugly specter of cheap imports has raised its head in India’s aluminum sector once again,...
No relaxation of export duty on bauxite in Indonesia
According to Shanghai Metals Market, Indonesian government won’t be able to ease the export duty imposed on bauxite exports. Though it has been decided to cut export duty on other nickel and copper, but no such changes would occur in bauxite.
