Major Events in China's Aluminum Processing Industry in 2009

Anti-dumping abroad

Canada imposes "anti-dumping and countervailing" tax on aluminum extrusions in China
On February 16, 2009, the Canadian Border Service Agency (CBSA) decided to implement an “anti-dumping and countervailing” investigation on aluminum extrusions imported from China.
On February 16, 2009, CBSA made a final ruling on China's aluminum anti-dumping countervailing investigation. The Chinese aluminum extrusion companies were ruled to impose anti-dumping duties of 1.7% to 101% and anti-dumping duties of 2.59 to 15.84 yuan/kg. Subsidy tax.
EU imposes "anti-dumping" tax on Chinese aluminum foil On April 8, 2009, the European Union issued an announcement deciding to impose 10.7% to 42.9% temporary anti-dumping measures on some aluminum foils exported to the European market from April 1 to October 2009. tax.
The European Union decided on September 24th to impose a five-year formal anti-dumping duty on aluminum foil from China, with a tax rate as high as 30%. The formal anti-dumping tax is applicable to aluminum foil with a weight of 10 kg or more, a width of 650 mm, and a thickness of 0.008 to 0.018 mm. It mainly involves 76071120 and 76071190. The five-year formal anti-dumping tax resolution was made by the European Union after the temporary tariff expired six months earlier.

India imposes "safeguard" tax on aluminum foil in China
On May 29th, 2009, the Indian Safeguards Bureau issued a final ruling to impose a four-year “safeguard” tax on aluminum strip and aluminum foil products imported from China. The aluminum foil tax rates were 30%, 25%, and 20 respectively. %, 15%; aluminum strips were 14%, 12%, 10%, 8%.
On June 19, 2009, a taxation notice was issued for the Chinese aluminum foil strip products. The period of implementation of the "safeguard measures" tax shall be calculated from the date of implementation of the temporary safeguard measure tax, that is, on March 23, 2009, the tax period for the aluminum plate and foil products shall be 2 years, that is, until March 22, 2011. The tax rate is as follows: The first year tax rate is 14% (from March 23, 2009 to March 22, 2010) for aluminum strips (HS code 7606, except for composite brazed aluminum strips for automobiles); the second year rate is 12 % (from March 23, 2010 to March 22, 2011).
The first year tax rate for aluminum foil (except for HS code 7607 and double zero aluminum foil) is 30% (from March 23, 2009 to March 22, 2010); the second year, the tax rate is 25% (from March 23, 2010). Day to March 22, 2011).

Australia imposes "provisional anti-dumping" tax on aluminum profiles in China
On June 24, 2009, the Australian Customs announced the initiation of an anti-dumping and anti-subsidy merger investigation of aluminum extrusions originating in China and made an anti-dumping preliminary ruling, imposing a 16% provisional anti-dumping duty.

Export tax rebate
From April 1, 2009, the aluminum export tax rebate rate is 13%
On March 27, 2009, the State Administration of Taxation of the Ministry of Finance of the People's Republic of China issued the “Notice on Enhancing the Export Tax Rebate Rate of Products such as Light Textiles Electronic Information” No. 43 [2009], which increased the export tax rebate rate of aluminum profiles to 13%. It will be implemented from April 1, 2009.

From June 1, 2009, the export tax rebate rate for aluminum foil will be 15%
According to the Notice of the Ministry of Finance and the State Administration of Taxation [2009] No. 88 “About Further Raising the Tax Rebate Rates for Certain Commodities,” the aluminum foil (Tax Code 7607111000-7607200000) increases the export tax rebate rate from 13% to 15%. At this point, the aluminum foil export tax rebate The rate has returned to the highest level in history.

Production equipment

Chinalco Southwest Aluminum Strip Co., Ltd. Cold Rolling Production Line was officially put into production in September 2009
The double-stand tandem cold rolling production line introduced by Chinalco Southwestern Aluminum Strip Co., Ltd. from Germany is the only aluminum cold rolling line that has been built in the world for the past 15 years. Starting construction in 2006, the commissioning of the production line was completed at the end of May 2009, followed by the commissioning phase, and it was officially put into production in September 2009 to form a production capacity of 250,000 tons/year. The double-stand aluminum strip tandem cold rolling production line consists of a 2000 mm single-stand cold rolling mill and a 2000 mm double-stand cold rolling line. The completion of this project will realize the use of cans, bottle caps, and PS plate bases. Mass production of high-precision aluminum strips such as aluminum foil blanks meets the growing demand for high-precision aluminum strips in China.

Southwest Aluminum 4300mm thick aluminum plate rolling mill test success
Southwest Aluminum Group Co., Ltd. 4300mm plate mill was successfully tested on a one-off basis on December 1, 2009. It indicates that the thickness of Southwest Aluminum has been increased from 2400mm to 3800mm, and its thickness has been increased from 150mm to 250mm, which has greatly increased the aluminum production capacity required for national defense construction and aerospace. Aluminum alloy thick plates are widely used in aerospace, transportation, petrochemical, machinery manufacturing, shipbuilding and other fields. All countries in the world use aluminum pre-stretched medium-thickness plates, especially super-thick and ultra-wide pre-stretched plates, as an important indicator reflecting the development level of aluminum processing in a country. At present, only the United States, Japan, Germany and Russia are the only countries in the world. Developed countries are able to produce super-thick and super-wide pre-stretched plates in a large scale.
Yichuan Power Group Luoyang Yugang Longquan Aluminum Co., Ltd. 250,000 tons continuous casting and rolling project started construction On April 13, 2009, the first Hazlitt continuous casting and rolling project introduced by China was in Yichuan Electric Power Group Henan Luoyang Henan Longgang High Precision Aluminum Co., Ltd. officially started construction.
The total investment of the project is 2.95 billion yuan, and the designed capacity is 250,000 tons/year. The foundation of the project was laid on October 28, 2007, and the main factory building was completed in October 2009. According to the plan, equipment installation will begin in January 2010 and the project will be completed and put into production by December 2010.

China-made 2000mm aluminum foil rolling mill has reached 18 sets
The rapid development of China's aluminum foil industry has prompted a rapid upgrade of the equipment manufacturing industry. By 2009, China will have a self-designed and manufactured 2000-mm, four-roll, irreversible, modern wide-gauge aluminum foil mill. Distributed in Henan Mingtai Aluminum Co., Ltd. 5 sets (1 roughing mill, 4 finishing mill); China Aluminum Henan Aluminum Co., Ltd. Luoyang Wanji Aluminum Foil Co., Ltd. 4; Jiangsu Zhongji Composite Materials Co., Ltd. 2; Hangzhou Dingsheng Industrial Co., Ltd. 2 sets; Runfeng Aluminum Co., Ltd. 5 sets.

Large-scale aluminum extrusion press above 100 MN increased to 4 in China
With the adjustment of the industrial structure of China's aluminum extrusion industry from construction materials to industrial materials, especially the rapid development of high-speed railways and urban rail transportation, China's large-scale aluminum extruders exceeding 45 MN have increased rapidly, and will exceed 100 MN that has been put into production in 2009. The number of heavy-duty aluminum extrusion presses increased to 4 units, which are 125MN of Zhongwang Holdings Co., Ltd., 110MN of Jilin Midas Aluminum Co., Ltd., 100MN of Shandong Junlin Group, and 100MN of aluminum extrusion of Qinghai Guoxin Aluminum Co., Ltd. machine.

other

Aluminum Corporation of China Signs Strategic Cooperation Agreement with China Commercial Aircraft Co., Ltd.
On January 10, 2009, China Aluminum Corporation and China Commercial Aircraft Co., Ltd. signed a strategic cooperation agreement in Shanghai. As the most important supplier of aerospace aluminum alloy in China, Chinalco accounts for more than 90% of all domestic aviation aluminum supply. At present, it has established a relatively complete aviation aluminum alloy research, development and production system. In order to maximize the competitive advantage in the global market environment and jointly share market interests and avoid market risks, China Aluminum Corporation and China Commercial Aircraft Co., Ltd. follow the principle of “equality, mutual trust, benefit sharing, mutual benefit, and common development”. , established a long-term and stable strategic partnership.
The focus of the cooperation between the two parties is on the construction of aviation aluminum alloy material systems and the research and development of new materials. Including the design, development and production of civil aircrafts and related products, we will carry out research cooperation in the construction of civilian large aircraft material systems, research and development of new materials, applied technologies, and environmental protection, and promote the localization of aviation materials.

China's largest aluminum extrusion company Zhongwang Group successfully listed in Hong Kong
On May 8, 2009, China Zhongwang Holdings Co., Ltd., the world's third largest manufacturer of aluminum extrusion products in Asia, was listed on the Hong Kong Stock Exchange. A total of 9.494 billion Hong Kong dollars was raised, which has set the highest record of global IPO fund-raising since 2009 and has also become a single IPO that has encouraged confidence in the global economy.
Zhongwang Group was successfully listed under the financial crisis at that time and became the largest financing project in the history of China's aluminum processing industry. In addition to Zhongwang’s own leading position in the industry, it is even more important to benefit from the huge aluminum processing industry in China. Market size and future growth potential.

Original Alcoa (Shanghai) Co., Ltd. aluminum foil certified by Tetra Pak
In May 2009, TetraPak officially announced that 0.00635mm aluminum foil produced by the former Alcoa (Shanghai) Aluminum Co., Ltd. (now Shanghai Huxin Foil Co., Ltd.) has passed the full quality of TetraPak. Certification. After rigorous testing, the product performance indicators fully meet TetraPak's requirements for packaging aluminum foil. After trial on the machine, it successfully passed the production line and passed smoothly at full speed at various operating speeds. The company's wide-format double-zero foil (width 1500mm and above) was included in TetraPak's global supply products and the company entered TetraPak's global procurement list. This is the second aluminum foil manufacturer in China to obtain this certification (Note: The first company is Xiamen Shunshun Aluminum Foil Co., Ltd.).

Yunnan Metallurgical Group acquires Alcoa (Shanghai) Co., Ltd.
On August 11, 2009, the signing ceremony of Yunnan Metallurgical Group Co., Ltd.'s purchase of Alcoa (Shanghai) Aluminum Co., Ltd. Agreement was held in Kunming. Pursuant to the acquisition agreement, Yunnan Metallurgical Group has invested and agreed to purchase 100% equity of Alcoa (Shanghai) Co., Ltd. held by Alcoa, and injected its total capital increase into the Yunnan Xinmetal Aluminum Foil Co., Ltd., which belongs to Yunnan Metallurgical Group, at the actual purchase price. The company, in accordance with the equity structure after the capital increase, implements a unilateral capital increase and realizes Yunnan Metallurgical Group's absolute shareholding ratio of not less than 55%.
Alcoa (Shanghai) Aluminum Industry Co., Ltd. is a wholly-owned, foreign-funded company of Alcoa. It was completed and put into production in 1989 and has three twin-roll cast strip production lines. One of the four rolls imported from Davy of the United Kingdom is irreversible. Type Φ317/870×1700mm aluminum strip cold rolling mill; 2 Davy's four-roll non-reversible Φ310/875×1780mm foil mill and 1 1700mm aluminum foil middle-rolling mill, which mainly produce thick foil for packaging.
Yunnan Metallurgical Group is a large-scale enterprise group with 520 key national enterprises and one of the 10 large-scale industrial enterprises supported by the Yunnan Provincial Government. Under the background of the development strategy of the Group's large aluminum processing industry. Through the acquisition of Alcoa (Shanghai) Co., Ltd., it achieved a low-cost, short-term expansion of the aluminum processing industry. On December 2, 2009, Alcoa (Shanghai) Co., Ltd. changed its name to Shanghai Huxin Aluminum Foil Co., Ltd. and became the absolute controlling shareholder of Yunnan Xinmei Aluminum Foil Co., Ltd.

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