China firm enters U.S. aluminum industry
Deal to acquire Aleris comes amid trade rift between the 2 countries
Auto manufacturers have been moving toward aluminum.
REUTERS
BUSINESS
Zhongwang USA, backed by the Chinese aluminum magnate Liu Zhongtian, plans to buy the American aluminum company Aleris in a bet by the billionaire that the nascent United States automotive aluminum sector will be the industry’s next big growth...
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