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China aluminum sector could get price support from latest five-year plan

The
Aluminum Monthly Metals Index (MMI) picked up 6.3% for this month’s reading, as the China aluminum sector could get a price boost from the 14th Five-Year Plan. Furthermore, the Department of Commerce made anti-dumping and countervailing duty determinations on aluminum sheet.
Don’t miss the MetalMiner analyst team on March 24 at 10 a.m. CDT for a 30-minute metals market forecast and strategies to deploy in falling markets: https://zoom.us/webinar/register/WN 6J8wAyYySfihVk3ZUH9yMA.
China’s 14th Five-Year Plan
By virtue of its having the largest aluminum and steel sectors in the world, China also faces a massive pollution problem. ....

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US mulls anti-dumping tax against Taiwan, 17 others

US mulls anti-dumping tax against Taiwan, 17 others
AFP, WASHINGTON
The US Department of Commerce is preparing to tax aluminum sheet exporters from Taiwan and 17 other countries after on Tuesday determining that they had benefited from subsidies and dumping.
The US International Trade Commission (ITC), an independent body, must approve the decision by April 15 to impose anti-dumping or countervailing duties, a department statement said.
The investigation, launched under former US president Donald Trump’s administration, had been requested by nearly a dozen US aluminum alloy manufacturers, including Arconic Inc and Aleris Rolled Products Inc, which said that they were affected by competing imports at lower prices. ....

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