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Containers and Packaging Metal and Glass Containers

  • BEIJING, Aug 14- A Chinese metals industry association confirmed on Monday that the nation's aluminum sector would mount a legal challenge to the U.S. Department of Commerce's preliminary decision to impose antidumping tariffs on imports of Chinese aluminum foil. Documents reviewed by Reuters last week show that Shanghai- based Loften Aluminium, China's...

  • BEIJING, Aug 10- China urged the U.S. government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision to slap anti-dumping duties on Chinese aluminum foil. Washington has previously made similar claims about China's banking sector, unreasonably...

  • BEIJING, Aug 10- China urged the U.S. government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision to slap anti-dumping duties on Chinese aluminum foil. In a statement posted on the Ministry of Commerce's Wechat account, the government said the...

  • BEIJING, Aug 9- China's top aluminum foil producers are preparing a legal defense challenging a preliminary U.S. ruling on Wednesday that would impose hefty penalties on imports from the world's top producers, two sources familiar with the matter said. Loften Aluminum, China's top foil exporter to the United States, is joining 11 other firms to fight the ruling,...

  • BEIJING, Aug 9- China's top aluminum foil producers are preparing to launch a legal defense challenging a preliminary U.S. ruling on Wednesday to impose hefty penalties on imports from the world's top producers, two sources familiar with the matter said. Loften Aluminum, China's top foil exporter to the United States, is joining 11 other companies to fight the...

  • WASHINGTON, Aug 8- The U.S. Commerce Department said on Tuesday it made a preliminary finding that imports of aluminum foil from China are subsidized, and it imposed countervailing duties ranging from 16.56 percent to 80.97 percent. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, Commerce Department figures show.

  • WASHINGTON, Aug 8- The U.S. Commerce Department said on Tuesday it made a preliminary finding that imports of aluminum foil from China are subsidized, and it imposed countervailing duties ranging from 16.56 percent to 80.97 percent. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, Commerce Department figures show.

  • *But coal-reliant China raising aluminum output sharply. Operators of smelters powered by hydro-electricity in the likes of Norway, Russia and Canada are promoting their environmental credentials- and stealing a march on others that rely on coal or gas, notably in China and the Gulf. Nearly 200 countries have agreed to set targets for limiting CO2 emissions...

  • TRUMP SAYS MERCK, PFIZER AND CORNING ANNOUNCE THAT GLASS PACKAGING WILL BE MADE IN AMERICA.

  • SYDNEY, June 16- BHP's new chairman Ken MacKenzie, an avid sailor, is not afraid to rock the boat. He implemented an aggressive turnaround plan, oversaw a company-changing $2 billion acquisition of the Alcan packaging businesses and pushed through a spin off of its Australian boxes and bottles arm. On that basis he's a very sensible, sound appointment, "said Rohan...

  • WASHINGTON, April 21- The U.S. International Trade Commission has made affirmative determinations in its preliminary phase anti-dumping and countervailing duty investigations of aluminum foil from China, the agency said on Friday. The USITC voted for continued investigations into whether aluminum foil imports from China were being dumped or subsidized,...

  • *Bounce in East Asia trade drives container demand. SINGAPORE, April 3- Prices for shipping containers, the metal boxes that carry 90 percent of the world's manufactured goods, have risen to their highest since October 2015, a clear indicator that seaborne trade is increasing and should grow further this year. "The market seems tight... we are urging liners to release...

  • Businessman toasting

    Ball Corp. said it along with rival Rexam agreed to sell some assets to Luxembourg-based packaging maker Ardagh Group for about $3.42 billion.

  • Rolls of steel

    As China’s construction boom slows, steel mills across the country are scrambling to find ways to bolster profits, and one has hit on an unusual strategy: raising pigs.  The FT reports.

  • Mining

    Indonesian Trade Minister Gita Wirjawan told CNBC on Tuesday that Southeast Asia's largest economy was not adopting protectionist policies and was only following in the footsteps of other developed countries.

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    India's Tata Steel, the world's No.7 steelmaker, posted an unexpected quarterly loss, its first in more than two years, as higher raw material costs and weak demand in Europe hurt margins.

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    China's steelmakers have racked up $400 billion in debt, which some may struggle to repay, making them a potential drag on a banking sector already facing rising bad loans from the property sector and local governments.

  • Trading Corning's New Gorilla Glass 2

    Wendell Weeks, Corning CEO demonstrates the strength of its Gorilla Glass 2, which is 20% thinner than the original product, and discusses how it could generate profits for Corning. Also, the Fast Money traders weigh in with the play on the stock.

  • Can Corning Cash in on Gorilla Glass?

    Will the glassmaker cash in on high LCD television and tablet demand this holiday season? Jim Flaws, Corning CFO, discusses.

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    The industry is  at a unique point in history, where  economic growth overseas, high energy costs, demand for commodities  and better recovery technologies have converged to swell revenue.