federation of aluminium consumers in europe
03/26/2019
The European Commission (EC) said on Monday it has opened an investigation into the US aluminium rolling and recycling leader Novelis’ plans to acquire aluminium product supplier Aleris. Launching an extensive investigation into the proposed acquisition, the EC said they were concerned that the deal could lead to […]
03/20/2019
Alcoa warned that its last aluminium plant in Spain could face closure if Madrid does not increase energy subsidies. The company is worried about draft legislation concerning energy costs and a cost compensation mechanism of indirect carbon emissions. Alcoa says the future of its San Ciprián plant in […]
01/09/2019
The Finnish Purso Oy Group expanded its market position in Central Europe with the acquisition of Dutch company Nedal Aluminium. Without disclosing the transaction price, the company said this was its largest transaction in history and would allow it to double its production capacity. Purso is acquiring the […]
11/27/2018
Slovenian aluminium producer Talum is expecting positive financial results at the end of this year despite the on-going uncertainty in the global aluminium market, reports the Slovenian Press Agency (STA). Chairman Marko Drobnič told the local media that the group was increasingly diversifying its primary aluminium business by […]
11/16/2018
British-owned Liberty, part of UK’s “Man of Steel” Sanjeev Gupta’s global GFG Alliance, has struck a financing deal to go ahead with the acquisition of Aluminium Dunkerque –Europe’s largest aluminium smelter – from Rio Tinto. The company intends to make substantial investments in the plant to become a major integrated manufacturing […]
06/26/2018
The European Union and China discussed the economic and trade relations at the 7th High-level Economic and Trade Dialogue this Monday in Beijing. Covering a range of issues under the overall theme “Harnessing Globalisation”, the Dialogue sets the ground for the upcoming 20th EU-China Summit taking place in July in […]
06/20/2018
The European Union will start to impose duties on U.S. imports of aluminium on Friday, in retaliation for the Donald Trump administration’s blanket 10 percent tariffs on the metal. The measures, aimed at products worth €2.8 billion, aim to rebalance the trade with the U.S., and is based on the […]
06/13/2018
The head of North America’s biggest union offered a counterpoint to the global condemnation of the Trump aluminium tariffs in an editorial over the weekend, reaffirming the United States president’s reasoning behind enacting the broad tariffs earlier this year. United Steelworkers president Leo W. Girard wrote in an opinion piece published on […]
03/26/2018
On March 26th, the European Commission initiated a safeguard investigation into the importation of certain steel imports in response to the recent enactment by the United States government of blanket tariffs on all aluminium and steel imports. Twenty-six steel product categories fall under the purview of the 9-month investigation announced […]