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 ...

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.

Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tons of exports of the metal. Futures in London jumped as much as 8.5% following the announcement from ...

(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.