Latest news on China Aluminum FRP markets

FEATURE: China suppliers welcome Tesla, no orders yet

Plans by Tesla, the Palo Alto California-headquartered maker of electric vehicles in the US, to build its next Gigafactory - a combination of car- and battery-making plant - in Shanghai, East China, clearly reflect optimism about the strength of China's market for such vehicles but likely suppliers

SHFE Al down as PMI slides in June

Shanghai aluminum sank to a 3-month low on Monday after China's manufacturing growth cooled slightly in June, reflecting a slowdown in the real economy and growing concerns over trade tensions between China and the United States.

China's Alcha extending into downstream Al fabrication

Shenzhen-listed Jiangsu Alcha Aluminium Company (Alcha), an aluminum processing enterprise headquartered in Changshu city in East China's Jiangsu province, plans to expand its business into downstream manufacturing by buying 100% of Taian Dingxin Cooling Mfg Company (Taian Dingxin), a maker of cooli

Tesla to build car plant in China, boost demand

Tesla, the Palo Alto California-headquartered maker of electric vehicles, plans to build its next Gigafactory - a combination of car- and battery-making plant - in Shanghai, East China, which Chinese metal market sources suggest may increase demand for materials used in electric vehicles including a

China's Shenhuo to sell off lossmaking aluminum sector

China's Henan Shenhuo Coal Industry and Electricity Power Co (Shenhuo) will list its wholly-owned Henan Shenhuo Aluminum Co on Henan Property Rights Trading Center for sale, which is expected to complete by June, a company official disclosed on May 22.

Al prices continue to soar as trade war fears fade

Global prices of primary aluminium continued to surge on Tuesday, as a keynote speech by China's President Xi Jinping appeared to ease trade war tensions between China and the United States.

China Zhongwang's 2017 profit jumps 33% on year

Hong Kong-listed China Zhongwang Holdings, China's top aluminum alloy producer and fabricator, achieved a 33.1% year-on-year increase in its 2017 profit to reach Yuan 3.87 billion ($610 million), according to the company's performance report for 2017 released on March 23.

MoC: China ready to fight back against US' 232 tariffs

China's Ministry of Commerce (MoC) plans to impose or increase taxes on some products from the US to balance off the losses China will be suffering because of the US' decision on levying imported tariffs on China steel and aluminum products under the 232 investigation, according to a MoC statement

ITC says China aluminum foil hurt US producers

The US International Trade Commission (USITC) said on March 15 it had found that imports of aluminum foil from China had injured US producers and thus, declared that hefty duties be slapped on Chinese exporters.

Nanshan partners French firm to make aircraft materials

Shandong Nanshan Aluminum (Nanshan) is planning to partner with French light metals fabricator Figeac Aero to establish a joint venture to fabricate, process and assemble aircraft components, according to a release from the North China-based firm on March 14.