While standard aluminium ingot can simply be swapped for other brands, customers that use Rusal’s specialised products such as aluminium alloy or billets will have a harder time finding replacements. Aluminum Corporation of China Limited (Chinese: 中国铝业股份有限公司, known as Chalco), is a Chinese company listed in Hong Kong and in New York. This would hinge, however, on Rusal accepting a price haircut of around 25 percent given China’s lower domestic prices, logistics and duties. Global flows of the metal, which were already shifting after the United States imposed import tariffs on steel and aluminum, will need to further contort to supply the 65-million tonne a year market. Metal from tariff-exempt countries like Canada and Australia is already flowing to the United States where premiums - the cost on top of futures prices to obtain physical metal - have soared, and material from the Middle East and India is taking its place, traders said. Dominant aluminium producer China may help fill a gap in global supply after the United States slapped sanctions on Russia's aluminium giant Rusal. SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research. Our Standards: The Thomson Reuters Trust Principles. Electric Power. The Chinese ADC12 aluminum alloy export price extended gains Dec. 15 to hit a 12-year high, amid surging freight costs, a persistent shortage of scrap supply worldwide and robust downstream demand. The tightness in China’s domestic market for aluminium scrap has slightly eased week on week with more aluminium scrap cargoes arriving in the country, Fastmarkets learnt on Wednesday November 4. July 22, 2020, 1:51 PM. Here are some other ways that it is used: It’s widely used in construction, as the element can be used in just about every part of a house or building. By Angela Gervasi / July 17, 2020 12:08 pm EST. LONDON/MELBOURNE (Reuters) - Dominant aluminium producer China may help fill a gap in global supply after the United States slapped sanctions on Russia’s aluminium giant Rusal. Rusal accounts for about 14 percent of world aluminum production outside China. Style: Commentary Category: Environment, … There's an unexpected shortage in aluminum cans as a result of the COVID-19 pandemic. EVENTS. According to Delish, nationwide shortages of aluminum cans are being reported as there is an increase in demand for aluminum products during the pandemic. China accounted for the highest aluminum market share in the Asia-Pacific aluminum market in 2018 owing to massive urbanization and industrial development. The slowdown in recycling aluminum cans comes amid a downturn in the recycling market more broadly. by Lisa Reisman on September 21, 2015. A good chunk of those popular brands are based in Mexico, where non-essential breweries have closed as the country continues to battle the pandemic. STATIONS. Caribbean Energy Conference, 21st. The U.S. government’s decision to impose tariffs on Canadian aluminum has B.C. The real reason there's an aluminum can shortage. Local craft brewers told Postmedia they haven’t been affected by can shortages that have made some American soft drinks difficult to find during the COVID-19 pandemic, but they are concerned it could become an issue in the … International prices, which have shot up more than 10 percent since the sanctions were announced, will have to rise further to lure exports from China, whose metal faces a range of tariffs and duties. “If Rusal can stomach the discount we would expect units to flow there. 1:03 But what's hurting more than the tariff is the can shortage. 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