Tag: Aluminum

Power Cuts, Low Rainfall Impact Chinese Aluminum Supply, Drive Import Surge

Power Cuts, Low Rainfall Impact Chinese Aluminum Supply, Drive Import Surge Screenshot-2023-07-25-at-1.45.03-PM

China has significantly increased its reliance on aluminum imports this year due to lower domestic aluminum supply. According to reports, the move is part of a strategic measure to partially offset the below-average output in domestic production. Indeed, new customs data reveals that China saw a notable 10.7% increase in aluminum imports during the first […]

Most Indian Steel & Aluminum Imports to Be Excluded From U.S. Tariffs

Most Indian Steel & Aluminum Imports to Be Excluded From U.S. Tariffs indian-flag-on-the-gearwheel-business-industrial-concept-3d-re-2

Indian Prime Minister Narendra Modi recently visited the United States. During his stay, the two nations agreed to resolve six long-standing disputes at the World Trade Organization (WTO). U.S. steel news outlets watched this exchange particularly closely. This is because one of the subjects of debate was India’s imposition of retaliatory tariffs on U.S. products, […]

Do High Russian Aluminum Volumes Call the LME’s Integrity into Question?

Do High Russian Aluminum Volumes Call the LME’s Integrity into Question? alum

(Editor’s Note: This article has been edited and updated since it’s earlier publication to reflect the LME position on Russian origin materials) It’s no news that the London Metal Exchange (LME) has seen a big rise in Russian aluminum inventories in its warehouses. However, the surge in Russian metal remains a source of concern. After […]

EU Cross-Border Adjustment Mechanism Deals Blow to India’s Aluminum Industry

EU Cross-Border Adjustment Mechanism Deals Blow to India’s Aluminum Industry 3d-flag-of-india-on-metal

The EU’s implementation of the Cross-Border Adjustment Mechanism (CBAM) poses a significant challenge to India’s aluminum industry and the global price of aluminum. The move stems from the EU’s eagerness to tackle carbon and achieve net-zero emissions by 2050. However, as one of the leading low-cost aluminum producers, India faces a considerable setback due to […]

New Michigan Aluminum Plant to Go Live in Fall 2023

New Michigan Aluminum Plant to Go Live in Fall 2023 hhgj

In the past, I’ve had the pleasure of interviewing associates of Hydro, a Norwegian company specializing in low-carbon and recycled aluminum products. Getting their insight into the aluminum industry provided MetalMiner and our readers with valuable industry information. For instance, we’ve learned about Russian metal sanctions, how low-carbon aluminum prices compared to those of regular […]

China’s Yunnan Province Cuts Aluminum Production

China’s Yunnan Province Cuts Aluminum Production ff

A new question mark hangs over the fate of Chinese aluminum production for the rest of 2023. In March, China’s primary aluminum output increased by 3% compared to the same period in the previous year. However, the increase occurred at a slower pace than in previous months. While this did bring some cheer, the future […]

Southern China’s Power Crisis Impacting Aluminum Production

Southern China’s Power Crisis Impacting Aluminum Production aluminum-and-the-chinese-flag-aluminum-supplies-to-china-expor

China’s aluminum production faces a “touch and go” situation once again. In this case, the problem is mainly due to a power supply crisis in the southwest area of the country. The Yunnan province, the aluminum manufacturing hub of southern China, is reducing production of the metal due to a severe water shortage. This shortage has, […]

High Energy Costs: Can Hydro Power Help Alleviate Lower Smelter Output?

High Energy Costs: Can Hydro Power Help Alleviate Lower Smelter Output? foundry-worker-controlling-process-of-melting-iron-in-furnace-b

Recently, I had the pleasure of interviewing Trond Gjellesvik and Charlie Straface of Hydro. Hydro is a Norwegian company specializing in green energy and low-carbon aluminum products. It is based out of Oslo, but harbors multiple business locations around the globe. I was curious to learn how the company’s efforts correlated with the current price […]

Aluminum Shortage Coming? U.S. Considers 200% Tariff on Russian Aluminum

Aluminum Shortage Coming? U.S. Considers 200% Tariff on Russian Aluminum concrete-wall-with-painted-united-states-china-and-russia-flags

A potential aluminum shortage could be rearing its ugly head once again. This will prove especially true if the U.S. goes ahead with a proposed move to shut out all Russian aluminum unilaterally. Currently, the plan is to accomplish this via a tariff of up to 200%. Thus far, Russian metal producers have largely evaded […]

Aluminum MMI: Aluminum Prices Pause Following Surge

Aluminum MMI: Aluminum Prices Pause Following Surge production-of-aluminum-smelting

Aluminum prices have stayed bearish in the short term. At the beginning of February, price action showed a short-term sideways trend, as no new lows or highs formed. This means prices need to break out of their current range to form a continuation trend or a downward reversal. Currently, however, future price direction remains unclear. […]

Scroll to Top