AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
US industrial policy needs to be systematic, not just ad hoc – Part 2
Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 2 Impact #5 of ad hoc industrial policy: Failing to use all required tools Industrial policy is often caricatured as just tariffs and subsidies. Mis-framed debates that evaluate the merits of tariffs in...
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Shenhuo Group to invest 3.6 billion on aluminium foil project in Henan
<p>As reported by SMM, Shenhuo Group signed a deal with Shangqiu Urban-Rural Integration demonstration Zone Management Commission on August 17, to construct a high-end aluminium foil project in the city.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
U.S. to witness a slight surge in aluminium cans exports in 2017
<p>Aluminium can is the most popular packaging solutions for beverage packaging. The consumption of aluminium cans is growing rapidly around the world, especially in developed countries.</p> <p>{newsStudioGallery}</p> <p>The U.S., one of the largest manufacturers of aluminium cans in the world,...
U.S. Senate Minority Leader speaks against Chinese subsidies and overcapacity
<p>On Tuesday August 15, U.S. Senate Minority Leader Charles E. Schumer said that cheap aluminium and steel imports from China and other countries are impacting Alcoa and other domestic aluminium and steel companies.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Aluminium products manufacturer signs partnership deal with Master Italy Srl
<p>American Douglas Metals (ADM), a leading manufacturer, processor and distributor of aluminium products for industrial applications, announced the newest partnership with the Italian company Master Italy Srl, a leader in window and door hardware and accessories manufacturing.</p> <p...
Braidy selects a 380-acre site for aluminium rolling plant in Kentucky
<p>Braidy Industries has selected a 380-acre site on the Ohio River near Ashland, Kentucky for a $1.3 billion, 2.5-million-square-foot aluminium rolling plant that it announced in April 2017. The news has been confirmed by the Commercial Property Executive.</p> <p>The company expects to start...
Aluminum Association applauds Department of Commerce‘s determination on Chinese aluminium foil import
<p>On August 8, U.S. Department of Commerce announced its preliminary determination that imports of certain aluminium foil from China are benefitting from unfair government subsidies. Aluminum Association applauds this preliminary determination in foil investigation.</p> <p style="text-align:...
China urges U.S. to act 'prudently' in aluminium foil dispute
<p>China urged the U.S. government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision to slap anti-dumping duties on Chinese aluminium foil.</p> <p><img style="vertical-align: bottom;...
Aluminium export by the U.S. shrinks in H1 2017; imports rise in June
<p>Aluminium export by the U.S., both alloyed and non-alloyed varieties, fell considerably in the first half of 2017. According to the data released by the U.S. Department of Commerce, the once formidable primary aluminium producing country exported 6,888.372 tonnes of aluminium in June 2017, down...
U.S. imposes anti-dumping duties on Chinese aluminium foil imports
<p>The United States Commerce Department yesterday announced that they have imposed countervailing duties on aluminium foil imports from China. The Commerce Department found imports of aluminium foil from China are subsidised. The Department has imposed duties ranging from 16.56 per cent to 80.97...
US beverage industry lobbying against tariff on can sheets
<p>Trump administration’s protective policies that claim to boost the struggling U.S. industries and protect national security may create wide-ranging repercussions like increase in the price of beer and soda cans.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Century Aluminum reports turnaround performance in Q2 2017 on higher aluminium prices
<p>Century Aluminum Company reported a net income of $7.1 million for Q2 2017 in comparison to a net loss of $15.1 million for Q1 2017. Results were driven by a $6.1 million unrealized gain relating to LME forward sales. Adjusted net income for Q2 was $0.8 million compared to an...
Germany to witness a slight increase in export of aluminium tubes and pipe fittings in 2017
<p>According to the Product Complexity Index (PCI), aluminium tube or pipe fittings are the 939th most traded product and the 279th most complex product. Germany is the top exporter of aluminium tube or pipe fittings after the United States and China.</p> <p>{newsStudioGallery}</p>...
The U.S. reports 3.5% increase in scrap aluminium recovery in the first five months of 2017
<p>According to the latest Mineral Industry Survey from U.S. Geological Survey and recycling statistics published by Department of Interior, the U.S. aluminium industry purchased an estimated 361,059 tonnes of aluminium scrap during May 2017, up 2.3% over the May 2016 total of 352,894 tonnes. The...
Aluminium demand and apparent consumption up in North America through May 2017
<p>According to the preliminary estimates published by Aluminium Association indicate that aluminium demand in the United States and Canada that includes shipments by domestic producers plus imports increased 4.2% YoY to stand at 11,538 million pounds in the first five months of 2017.</p> <p...
China willing to join U.S. collaborative actions to resolve aluminium industry problems
<p>China finally expressed its willingness to participate in a collaborative approach to tackle the problems galore in the aluminium market. Referring to the findings of a probe by the U.S., China Ministry of Commerce called for an un-biased “global” approach to deal with the...
Japan aluminium industry fears U.S. trade action may prompt retaliation
<p>Japan's aluminium industry is worried that any U.S. trade action to block imports of the metal may result in surplus supply elsewhere and prompt a chain-reaction of retaliation by other nations, the head of a trade body said on Wednesday.</p> <p>U.S. President Donald Trump's administration is...
Aluminium Association reports rise in North American aluminium product shipments in June
<p>According to the latest report from Aluminum Association, shipments of aluminium powder and paste by domestic producers in the U.S. and Canada, including imports stood at 7.41 million pounds during June 2017, up 2.9% YoY. On a month on month comparison, shipments were off 7.0% from May...
No exemption to aluminium cans in Sec. 232 probe: Aluminum Association urges U.S. Commerce
<p>The Aluminum Association President Heidi Brock wrote a letter to the secretary of the U.S. Commerce Department urging him not to exempt aluminium cans allegedly dumped by China in the U.S. market from the ongoing Section 232 investigations. Earlier this month, Can Manufacturers Institute...
