Global aluminum output value to reach nearly $500 billion by 2030
The global aluminum industry was expected to reach US$498.5 billion by 2030. The annual growth would be 5.8% from 2022 to 2030. The growing reason was that aluminum was widely…
Dutch aluminum producer ALDEL declares bankruptcy
Due to the high energy costs, Damco Aluminum Delfzijl Coöperatie U.A. (ALDEL), the only aluminum producer based in Delfzijl, the Netherlands, filed for bankruptcy with the court last Thursday. This aluminum…
South Korea decides to impose AD duties on China’s presensitized aluminum plate with double-layered coating for offset printing
On October 25, 2022, the Korea Trade Commission (KTC) announced its decision to impose anti-dumping duties of 3.60%-7.61% on China’s presensitized aluminum plate with double-layered coating for offset printing with a…
US’s aluminum imports from Russia account for 3.93% in the first half of 2022
According to statistics from US Geological Survey (USGS), in the first half of this year, the US imported 3.21 million tons of aluminum products, of which 126,000 tons were from…
China’s aluminum profile exports drop in August
According to statistics from the General Administration of Customs of China (GACC), in August, China’s aluminum profile exports totally 81,800 tons, decreasing by 12.4% comparing to the preceding month and…
China’s primary aluminum production grows in Sept
The initial production of China’s primary aluminum was 3.29 million tons in September this year, down by 5.57% compared to the previous month but up by 4.35% from the same…
U.S. launches anti-circumvention investigation into aluminum alloy sheet double anti-counterfeiting case
On August 26, 2022, the U.S. Department of Commerce issued an announcement stating that in response to applications submitted by the Aluminum Association Common Alloy Aluminum Sheet Working Group and…
Soaring energy prices lead to more aluminum production cuts in Europe
The cumulative reduced production capacity in Europe has reached around 1.538 million tons so far, accounting for 15% of the total primary aluminum production capacity in Europe.In 2021, the European…
Global aluminum market to have oversupply of 879,000 tons in 2022
In spite of aluminum production reduction in Europe and China due to power shortages and buyers choosing not to purchase from Russia, the supply was still sufficient and the demand…