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What is the difference between SMM and LME?
What is the difference between SMM and LME and what is the meaning of SMM & LME and why are they important to us ? SMM is an acronym for Shanghai Metals Market, and LME is an acronym for London Metals Exchange. SMM (Click to SMM) founded in 1999 as a Chinese metals market research company, S...Read More -
What are the aluminum alloys commonly used in the aviation industry?
What are the aluminum alloys commonly used in the aviation industry? The aviation industry strives for innovation and efficiency, and one of the key materials to achieve this is aluminum alloy. These lightweight yet extremely strong metals have revolutionized the way aircraft are built, allowing ...Read More -
Existing anti-dumping and countervailing measures on aluminum foil exporting to US remain in effect
According to the China Trade Remedy Information Network, on September 8, 2023, the U.S. International Trade Commission (ITC) voted to make the first anti-dumping and countervailing sunset review affirmative final ruling on industrial damage to aluminum foil (Aluminum Foil) imported from China: Ru...Read More -
Malaysia extends AD measure on cold-rolled stainless steel from 4 countries
On July 26, 2023, the Ministry of Investment, Trade, and Industry (MITI) of Malaysia issued its final determination of the first anti-dumping (AD) sunset review on cold-rolled stainless steel in coils/ sheets originating in or imported from China, South Korea, Taiwan, and Thailand, deciding to ma...Read More -
Jindal Aluminium receives AS9100D Aerospace certification
After two stages of the strict audit process, Jindal Aluminium, the largest aluminum extrusion company in India, has received the AS9100D Aerospace certification, becoming a qualified extrusion manufacturer for the aviation, space, and defense industry. Jindal Aluminium’s Bangalore facility recei...Read More -
LME aluminum prices rise
The LME aluminum futures settled at US$2,201.5/ton on August 30, hiking by 1.52% from the previous trading day. The recent aluminum inventory remained at a low level as electrolytic aluminum plants maintained low ingot casting volume. Market sentiment has also been boosted by the continued stimul...Read More -
US HDG steel imports decrease
According to the preliminary Census Bureau data from the US Department of Commerce (USDOC), the US imported around 163,000 tons of hot-dip galvanized (HDG) sheets and strips in June this year, falling by 14% compared to the previous month and by 18% from the same month a year ago. Among them, the...Read More -
Australia extends AD and CVD orders on zinc-coated steel products from China, Korea
The Australian Anti-Dumping Commission announced that the Minister for Industry and Science has decided to accept its recommendations to maintain the anti-dumping (AD) and countervailing duties (CVD) on zinc-coated (galvanized) steel products, an affirmative determination of the second sunset rev...Read More -
U.S. finalizes first countervailing sunset review on aluminum foil from China
On June 28, 2023, the U.S. Department of Commerce announced that it had made the final ruling on the first fast sunset review of countervailing duties on aluminum foil imported from China. The subsidy continues or reoccurs at a subsidy rate of 40.71% to 114.77%. On March 28, 2017, the U.S. Depart...Read More -
EU made the final ruling on the first anti-dumping sunset review of Chinese heavy steel plate
On May 17, 2023, the European Commission issued an announcement, making the affirmative final ruling of the first anti-dumping sunset review on the China-originated Medium and Heavy Steel Plate (Certain Heavy Plate of Non-alloy or Other Alloy Steel), and decided to continue to sue China. Anti-dum...Read More -
China imports aluminum from Russia surge in April
According to statistics from China Customs, China imported around 88,900 tons of refined aluminum in April, rising by nearly two folds compared to the same month a year ago, which hit the second record high. China increased its aluminum imports as its major producing hub Yunnan province is facing...Read More -
Alcoa sign 8-year agreement with EGA for alumina supply
Alcoa Corp., a leading aluminum producer in the US, said in a statement that it has signed an eight-year agreement with Emirates Global Aluminium (EGA) for a supply of 15.6 million tons of smelter-grade alumina from the Western Australia operation. The supply agreement will start in 2024. It will...Read More
