|Bid||4.240 x 0|
|Ask||4.260 x 0|
|Day's Range||4.200 - 4.380|
|52 Week Range||3.260 - 4.900|
|PE Ratio (TTM)||9.35|
|Forward Dividend & Yield||0.20 (4.77%)|
|1y Target Est||5.59|
The U.S. Commerce Department said on Tuesday it had made a final determination that imports of aluminium foil from China are being sold in the United States at less than their fair value and producers are benefiting from subsidies from Beijing. It said in a statement that antidumping and countervailing duties would be levied on a number of Chinese firms, with dumping margins ranging from 48.64 percent to 106.09 percent and anti-subsidy rates of 17.14 percent to 80.97 percent. "This Administration is committed to trade that is fair and reciprocal, and we will not allow American workers and businesses to be harmed by unfair imports," the statement quoted Commerce Secretary Wilbur Ross as saying.
Muddy Waters, one of the world’s most renowned short sellers, is planning to announce it wrote an anonymous 2015 report that first drew attention to suspicious activity behind an enormous aluminum cache ...
U.S. aluminum products makers sought new trade protections against Chinese imports on Tuesday, accusing China Zhongwang Holdings Ltd and its affiliates of evading U.S. anti-dumping and anti-subsidy duties by shipping aluminum products through Vietnam. In a filing with the U.S. Commerce Department, the Aluminum Extruders Council said that aluminum extrusions from Zhongwang affiliate Global Vietnam Aluminum Co should be subject to the same U.S. import duties as Chinese extrusions.
Nov 17 (Reuters) - China Zhongwang Holdings Ltd: * Appoints Lu Changqing as chairman * Liu Zhongtian has resigned from positions of executive director, chairman of board * Gou Xihui resigned as an ...
Zhongwang USA, an investment firm backed by a Chinese aluminium tycoon, and its acquisition target Aleris Corp have decided to extend a deadline to complete their merger by two weeks, according to representatives of the two companies. The extension comes amid reports of smuggling allegations made on Thursday by the U.S. Department of Justice against Liu Zhongtian, majority owner of Zhongwang USA. "We remain in discussions with Zhongwang USA on the pending acquisition of Aleris," Jason Saragian, a spokesman for the Cleveland, Ohio-based manufacturer of aluminium rolled products, said by email.
China Zhongwang Holdings Ltd said on Wednesday it had acquired a controlling stake in a German aluminium extrusion firm that mainly supplies aircraft manufacturers. Zhongwang, the world's second-largest ...