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The price of the aluminum in the world market

2022-07-19T08:45:06+03:30July 19th, 2022|

The London Metal Exchange started its activity on July 11 (July 20) while the cash selling price of aluminum was announced at $2416 (ton). According to this report, on Friday, July 15 (July 24), the one-month sale of this metal reached 2326 dollars and 50 cents. The quarterly sale of aluminum metal reached $2339 (ton)

Biden canceled Trump’s tariff concession on aluminum imported from the UAE

2022-07-16T07:48:44+03:30July 16th, 2022|

The new US president announced that, contrary to the previous president's decision, she will reimpose tariffs on aluminum imports from the United Arab Emirates. In the last moments of his presidency, Donald Trump canceled the country's tariffs on aluminum imports from the UAE. The White House announced Monday evening that the 10 percent tariff will

The negative effect of quarantine in China on the price of aluminum

2022-07-04T05:54:15+03:30July 4th, 2022|

On Friday, July 10, which coincides with July 1, this exchange ended its work while the one-month sale of aluminum had decreased to $2435.5 (ton). The quarterly sales of this metal decreased from $2,456 (tons) to $2,444 (tons) on Friday, July 10. The excessive decrease in the price of aluminum in the London Metal Exchange

Century Aluminum shutdown to put Hawesville at revenue loss besides creating unemployment

2022-06-29T04:55:36+03:30June 29th, 2022|

Century Aluminum facility in Hawesville has already started its idling process from Monday, June 27. According to Mike Baker, Director of Economic Development for the Industrial Foundation, the shut down of the plant is hurting a lion share of revenue in the region, besides creating unemployment To support this belief, Baker has further noted that

Downstream weekly recap: Vietnam Ministry to evaluate anti-dumping duties on Chinese aluminium goods for second time; AMAG receives recognition from Vienna Stock Exchange Prize jury

2022-06-20T05:13:24+03:30June 20th, 2022|

The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. To begin with, for the week, the Vietnam Ministry of Commerce announced the results of the second examination of anti-dumping measures imposed on certain Chinese aluminium imports. While in Europe, AMAG, the leading Austrian premium provider of the high-quality

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