From household chores and entertaining to garden care and camping, your trusty roll of aluminum foil is here to make life easier. Right alongside plastic wrap and parchment paper, aluminum foil enjoys ...
China’s announcement that it will end tax rebates on exports of aluminum semi-manufactured products caused market mayhem on Friday and may have major long-term ramifications for the global ...
China’s Bid to Rein in Exports Roils Aluminum Stocks and Prices Beijing removes tax rebates on exports that juiced supplies LME aluminum price declines, paring surge seen on Friday ...
China’s finance ministry announced last week that it would end its export tax rebate policy for aluminium, starting 1 December. LME aluminium prices surged as much as 8.5% on Friday following the ...
Aluminum prices are expected to stay elevated in 2024 owing to a tightening market balance on the back of strong growth in global demand outpacing supply, says BMI, a unit of Fitch Solutions Group ...
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
(Bloomberg) -- Aluminum jumped on Friday after China said it would cancel a tax rebate that’s helped fuel a decades-long boom in exports and shielded an industry prone to overcapacity.