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federation of aluminium consumers in europe

European Commission Formally Questions United Kingdom’s Tax Treatment of LME Trades
03/14/2018
The United Kingdom Treasury advised yesterday that the European Commission is investigating whether the British government is assessing a sufficient level of taxes on commodity derivative trades, including trades on the London Metal Exchange involving aluminium. Earlier this week the Commission sent a “letter of formal notice” to the United […]
Sider Alloys Buys Former Alcoa Aluminium Smelting Operation at Portovesme 
01/01/2018
A buyer has come forward for the Portovesme smelter, the plant formerly owned by Alcoa and now in the hands of the Italian government. According to reports, Switzerland’s Sider Alloys has agreed to take title to the plant, with the transaction expected to close in only a few weeks. The […]
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