Author Archives: lubon

2017 Global original aluminum production is expected to reach 60 million tons

According to the International Original Aluminum Association (IAI) statistics, November 2017 the world’s original aluminum production of 4.714 million tons, the chain October 4.978 million tons reduced by 5.3%, 2016 reduction of 11%.

 

2017 1 ~ November Global original aluminum Monthly production of 5.052 million tons, according to this calculation, the annual production of aluminum is expected to reach 60.627 million tons.

 

August 2017, the world’s original aluminum production of 5.017 million tons, for the first time in history, a single monthly output breakthrough 5 million tons, thereafter from August 2016 to January 2017, 6 consecutive months, March 2017 to August, 6 consecutive months to maintain a monthly average of 5 million tons.

 

2017 1 ~ November Global total aluminum production of 55.575 million tons, 2016 years of 54.216 million tons increased by 2.5%. China accounts for more than 53.2% of the world’s 55.575 million tonnes of total production, 29.541 million tonnes, and 33.134 million tonnes in Asia, accounting for 59.6% of the global total. In addition, China as the world’s largest original aluminum producer, November 2017 output of 2.35 million tons, the chain reduction of 7.7%, year-on-year reduction of 18.7%.

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United States Department of Commerce concluded the dumping behavior of china polyester staple fibers

The U.S. Department of Commerce 19th announced the preliminary results, identified from China and Taiwan and India, South Korea imports of polyester staple fiber products exist dumping, of which the Chinese mainland products dumping margin of 63.26% to 181.46%, the dumping margin of Taiwan products is 0% to 48.86%.

Magnesium sulphate

 

In response to complaints from three U.S. companies, the Department of Commerce launched a “double counter” survey of polyester staple products imported from the countries and regions in June this year. The U.S. Department of Commerce in early November to determine the imports from mainland China and India, the products have subsidies, of which the Chinese mainland products subsidy range of 41.73% to 47.64%. Earlier, the United States International Trade Commission also made a preliminary cut in July, identified from mainland China and Taiwan and India, South Korea imports of polyester staple fiber products to the United States related industries caused substantial damage.

 

According to the U.S. Ministry of Commerce 19th, the United States Department of Commerce will notify the U.S. Customs to levy a corresponding margin on the products of polyester staple fibres imported from mainland China and Taiwan as well as India and South Korea.

 

In accordance with the U.S. procedures, the U.S. Department of Commerce and the International Trade Commission will be in May 2018 and June, respectively, the survey was finalized. If all two institutions make a positive final, the U.S. Department of Commerce will require Customs to impose tariffs on related products.

 

The U.S. Department of Commerce data showed that the United States in 2016 imports of polyester staple fiber products in the amount of about 79.41 million U.S. dollars, imports from Taiwan related products amount to about 9.58 million U.S. dollars.

 

China’s Ministry of Commerce has repeatedly expressed its hope that the United States Government will abide by the commitments against trade protectionism and jointly uphold a free, open and fair international trading environment and properly handle trade frictions in a more rational way.

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Russia’s January-October 2017 nickel exports decreased by about 28% to 114,500 tonnes

Russia Customs December 11 release of data show that from January to October 2017, Russia exported a total of 114,500 tons of nickel, representing a decrease of about 28% over the 159,100 tons in the same period of last year; nickel exports amounted to a total of 11.295 billion U.S. dollars, down year on year About 20.6%.

In addition, the export volume of copper and export value both achieved year-on-year growth. The export volume of aluminum decreased year-on-year while the export value increased slightly.

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