U.S., EU, Canadian aluminum groups laud ITC report on industry competitiveness
U.S., Canadian and European aluminum groups are commending the U.S. International Trade Commission's new Section 332 fact-finding report , which they say reaffirms that China's aluminum capacity growth has exceeded all other countries and concludes that oversupply is harming the global industry. “Despite having a fairly new aluminum industry, relatively high electricity costs in many regions, and a less developed consumer economy than many other countries where the industry is important, China is the world’s leading aluminum producer,” the report...