Aluminum surges to highest since 2018 on strong China trade data

Aluminum prices jumped to their highest in nearly three years, as Chinese trade data shows export momentum remained strong in March after record gains in February, while imports topped expectations, according to a report by Seeking Alpha. Deepan JoshiDeepan is a seasoned journalist with over 24 years of experience. Deadlines bring out the best in him and […]

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India’s commerce ministry to monitor imports of aluminium, copper

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The directorate general of foreign trade (DGFT) has said in a notification that the import policy for copper and aluminium has been amended from “free” to “free with compulsory registration” under the non-ferrous metal import monitoring system (NFMIMS). The NFMIMS will be effective from 12 April, 2021. In line with the import monitoring system for […]

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U.S. levies anti-dumping duties on aluminium sheet from 18 countries, including India

The U.S. Commerce Department issued final anti-dumping duties on common alloy aluminium sheet from 18 countries, including up to 242.8 per cent on imports from Germany and 4.83 per cent on imports from Bahrain. The International Trade Administration issued a fact sheet showing anti-dumping and anti-subsidy rates for other countries, including Brazil, Croatia, Egypt, Greece, […]

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US metal manufacturers urge President Biden to drop Section 232 tariffs on steel and aluminium

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The Coalition of American Metal Manufacturers and Users (CAMMU) sent a letter to President Joe Biden requesting the immediate termination of the Section 232 tariffs on steel and aluminum, stating that the tariffs imposed under former President Donald Trump have damaged metals consuming industries. The group said it was pleased to see Biden’s executive order […]

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