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India imposes anti-dumping duty on Chinese cast aluminium alloy wheels
The Indian Ministry of Finance has imposed a definitive anti-dumping duty on imports of cast aluminium alloy wheels or Alloy Road Wheels (ARW) from China. The definitive anti-dumping duty, which will remain in force for five years, varies between USD 0.23 per kg and...
Aluminium: Yunnan smelters resume operations with the aim of increasing capacity by 500,000 tonnes
Aluminium smelters in the southwestern Chinese province of Yunnan are restarting their factories thanks to the increased availability of electricity. This development is expected to lead to the restoration of about 500,000 tonnes of annual production. In November,...
Aluminium: Rusal’s 2023 profits fall due to low prices and lower production
Rusal reported an 84.3% slump in its annual profits, as weak realized aluminum prices and lower production due to international sanctions weighed on the aluminum giant's earnings. The company said the average realized price for its aluminum, used in transportation,...
HRC steel: no trade with stable prices
Hot rolled coil (HRC) prices in Europe remained unchanged, with little trading due to sluggish downstream demand and buyers' pessimistic expectations. On Thursday, trading remained limited in the European market, despite the fact that prices have fallen significantly...