Aluminium Import
WTO rules against Trump's steel and aluminum tariffs
The World Trade Organisation has rejected the 2018 import taxes that then-President Donald Trump imposed on foreign steel and aluminum, saying they violated global trade rules. Trump's tariffs of 25% on foreign steel and 10% on aluminum outraged America's long-standing allies, including the European Union and Japan, because he relied on a little-used provision of U.S. trade law to declare their steel and aluminum a threat to U.S. national security. China and other trading partners challenged the tariffs at the 164-nation WTO. In a ruling issued Friday, the WTO said it was not persuaded'' that the United States faced an emergency in international relations'' that would justify the tariffs. Friday's decision, however, will likely have little real-world impact. If the United States appeals the ruling, it will go nowhere. That's because the WTO's Appellate Body hasn't functioned for three years, ever since the U.S. blocked the appointment of new judges to the panel. And the Biden ...
 "WTO rules against Trump's steel and aluminum tariffs")
Aluminium heads for more supply chaos as Joe Biden weighs Russia ban
The Biden administration is considering options including sanctions on Russia's top producer of aluminium as the White House looks to punish Moscow for its military escalations in Ukraine
 "Aluminium heads for more supply chaos as Joe Biden weighs Russia ban")
Vedanta keen to collaborate with auto sector to reduce aluminium imports
The company said it has been a long-time partner to the auto industry, developing product solutions perfectly tailored to their evolving needs.
 "Vedanta keen to collaborate with auto sector to reduce aluminium imports")
Govt won't impose countervailing duty on few Malaysian aluminium imports
Domestic firms had alleged that subsidised imports from Malaysia are causing material injury to them and had requested the imposition of countervailing duties on the imports
 "Govt won't impose countervailing duty on few Malaysian aluminium imports")
Primary aluminium players seek import duty hike on premium products to 10%
Hindalco Industries and Anil Agarwal-led Vedanta Limited are private aluminium producers in the domestic market.
 "Primary aluminium players seek import duty hike on premium products to 10%")
Vietnam keeps anti-dumping duty on aluminium originating from China
Vietnam on Tuesday decided to keep anti-dumping duty on aluminium from China
 "Vietnam keeps anti-dumping duty on aluminium originating from China")
Canada to retaliate as Trump administration slaps 10% tariff on aluminium
Speaking at a factory in Ohio on Thursday, Trump said that the 10 per cent tariff will affect non-alloyed unwrought aluminium articles
 "Canada to retaliate as Trump administration slaps 10% tariff on aluminium")
Despite spike in aluminium demand, Indian producers fear Chinese threat
Demand for aluminium has ebbed worldwide but producers fear Chinese manufacturers, buoyed by government incentives, will flood even this market
 "Despite spike in aluminium demand, Indian producers fear Chinese threat")
Aluminium firms seek tariff, non-tariff support fearing sluggish demand
India's aluminium consumption is tipped to reduce by 1.5-2 million tonnes in FY21 as the pandemic has considerably weakened demand from consuming industries
 "Aluminium firms seek tariff, non-tariff support fearing sluggish demand")
Budget 2020: Aluminium industry seeks lower import duty on raw materials
AAI said Indian aluminium industry is under immense threat and struggling to retain global competitiveness
 "Budget 2020: Aluminium industry seeks lower import duty on raw materials")
Metals sector eyes recovery as prices rise after scraping the bottom
Steel, iron ore firms gain pricing power, hope for demand revival in base metals
 "Metals sector eyes recovery as prices rise after scraping the bottom")
Aluminium scrap imports up 6.5% despite 13% slump in auto production
Industry claims imports made in auto sector's name being diverted to other areas such as electrical transmission and utensils
 "Aluminium scrap imports up 6.5% despite 13% slump in auto production")
Depressed alumina prices have mixed impact on domestic firms, Vedanta gains
Nalco loses heavily while there is no direct impact on Hindalco
Vedanta cuts aluminium making cost by 10% to $1,852 a tonne in Q2
Firm aims to achieve Rs 1,500 a tonne; LME prices of metal stood at $1,756 a tonne as on November 14. At this price point, 10% of the global smelters are incurring cash losses
 "Vedanta cuts aluminium making cost by 10% to $1,852 a tonne in Q2")
Corporation tax rate cut to help Nalco tide over sagging alumina prices
The sobering of global alumina prices and stablisation in supplies have made it very difficult for Nalco to sustain the high profit momentum of last fiscal
Flagging consumption and import surge hurt India's aluminium producers
Sales of aluminium companies fell by 10.8 per cent in the period as imports lead market.
Vedanta to export over 50% of aluminium as India increases imports
The company is also focused on strong growth of the domestic market
 "Vedanta to export over 50% of aluminium as India increases imports")
Govt mulls duty hike on aluminium after industry raises alarm over dumping
The industry has also urged the government to consider imposing minimum import price and some kind of quota on the imports for the user industry
