China's export tax bombshell rocks aluminium market
China's announcement that it will end tax rebates on exports of aluminium semi-manufactured products caused market mayhem on ...
Alcoa, Century Aluminum Shares Jump After China Cancels Export-Tax Rebate
In midday trading Friday, Alcoa's stock was up 8.5% at $44.72, while Century Aluminum jumped 13% to $23.93. Alcoa shares have gained 31% since the beginning of the year. Century Aluminum's stock price ...
Aluminum Soars as China Scraps Tax Sweetener That Fueled Exports
Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tons of exports of the metal.