The removal of the tax rebate, which was introduced to support China's sales abroad, could ease industrial capacity that has caused trade tensions with the US and Europe after aluminium smelters ...
The most-traded SHFE aluminum 2502 contract opened at 19,770 yuan/mt, with an intraday high of 19,910 yuan/mt and a low of 19,695 yuan/mt, closing at 19,805 yuan/mt, down 0.13%. Trading volume was 148 ...
Aluminum Production Up YoY, ECB Interest Rate Cuts May Slow] Macro front, the pace of interest rate cuts by the European Central Bank may slow, coupled with the market's pessimism about the extent of ...
Aluminium usage in European cars increased by 18% between ... Two out of the country’s seven domestic smelters have been mothballed, while another three are operating at reduced levels.
China’s aluminium smelters, which dominate global production, have become increasingly reliant on imported bauxite to feed their operations. Around 80 per cent of the bauxite China uses is ...