A potential easing of trade tensions between the United States and Canada could reshape the North American aluminum market, with European buyers facing the risk of stronger competition for Canadian metal. Import data from ITC Trade Map shows that US purchases of Canadian unwrought aluminum fell sharply in 2025, while imports from Canada increased across six European markets, highlighting how trade flows have evolved amid tariff uncertainty. The United States imported approximately 2.03 million metric tons of unwrought aluminum from Canada in 2025, down 25.9% from 2.74 million metric tons in 2024. The decline amounted to around 711,494 metric tons over the year. Import value also decreased, falling 22.2% from $7.82 billion to $6.09 billion. The figures come as the possibility of a...
Century Aluminum’s proposed USD 4 billion primary aluminum smelter in Inola, Oklahoma, is “moving forward on all fronts” as the company prepares for construction, despite local opposition and legal challenges, CEO Jesse Gary said during the company’s third-quarter earnings call. Developed jointly by Century Aluminum and Emirates Global Aluminium (EGA), the project is designed to produce 750,000 tonnes of primary aluminum annually, potentially doubling U.S. primary aluminum production. The facility is expected to create thousands of direct and indirect jobs and add USD 1.5 billion to Oklahoma’s gross domestic product, according to company estimates. The partners had targeted construction to begin by the end of 2026. However, local restrictions and permitting challenges have affected the...
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Hydro expects the outbreak of the coronavirus (Covid-19) to have limited impact on its operations. The company sees operational impact is currently limited, but significant market uncertainty combined with government-imposed restrictions is expected to affect operations. President & CEO Hilde Merete Aasheim said: “My top priority is the safety and wellbeing of all employees and contractors in Hydro. As a global, responsible company, Hydro is taking part in the collective effort to help mitigate the situation, while limiting impact on our operations, to the extent possible.” Most of the company’s operations are running at normal production levels, but with increased uncertainty and with likely increasing impact on demand and activities. “Hydro is following recommendations from local and...
Hindalco Industries Limited has reduced the prices of its aluminium ingots by 1.26%. With effect from March 19, the price for Hindalco aluminium ingots now stands at INR 136,750 per tonne, from INR 138,500 per tonne on March 18. This is the third time in a row that the company has dropped the prices of its products. The prices of wire rods and billets have declined by 1.17% and 1.21% to stand at INR 147,350 per tonne and INR 143,350 per tonne on Thursday, 19 March 2020. The prices of these products were INR 149,100 per tonne and INR 145,100 per tonne on March 18. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The three-month futures of aluminium are down nearly 10% in the current quarter due to slower...
Vietnam Association of Environmental Economics (VIASEE) has just sent a petition to Prime Minister Nguyen Xuan Phuc on strategies and solutions for Bauxite mining, promoting the development of the aluminium industry in the Central Highlands. The contribution of ideas toward the construction and completion of the draft of the XIII Party Congress Document on socio-economic issues by the Vietnamese Prime Minister Nguyen Xuan Phuc, as the head of the Subcommittee. The matter is of great strategic significance, contributing to creating a large revenue source for the State Budget to help promote the country's socio-economic development. The Vietnam Association of KTMT evaluates Bauxite as a mineral resource with large reserves and value in the largest category of our country today. It has been...
One of the global giants in the metal packaging industry, Technocap, is reportedly forming a partnership company with an Indian group Oricon, in an attempt to debut in the Indian market. According to the report, the new joint venture named Technocap Oriental will be based in Mumbai. 75 per cent of the company’s share capital will be controlled by the Technocap Group, while the remaining 25 per cent by Oricon. This joint venture is part of the group’s international growth strategy through a consolidated M&A policy. “This joint venture marks our full entry into the Indian and Far Eastern markets and represents a key stage in our international growth strategy, achieved through business diversification and expansion towards high growth markets,” commented Michelangelo Morlicchio chief...
According to Shanghai Metals Market, the social inventories of primary aluminium ingots have gained 54,000 tonnes over the week ended March 19, across eight major consumption areas in China, including SHFE warrants. The inventories are thus, now 1.647 million tonnes, in contrast to 105,000 tonnes on last Thursday, showed the SMM data. The continuous stack of primary aluminium inventories indicates muted demand for the metal among the downstream consumers, as end-use product productions are at halt across China. The chart below indicates the current status of Chinese primary aluminium inventories in more details: Wuxi this week has seen the highest growth in social primary aluminium inventories of about 34,000 tonnes, followed by Nanhai 18,000 tonnes and Shanghai and Hangzhou 7,000 tonnes....
The economy of Bangladesh is a developing market economy and it the 39 th largest in the world in nominal terms, and 29 th largest by purchasing power parity. It is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019, Bangladesh's was the world's seventh fastest-growing economy with a rate of 7.3% real GDP annual growth. The demand for the aluminium importation in Bangladesh is showing a recovery trend. But the domestic aluminium production is not showing a positive trend. The total import of aluminium by Bangladesh from 2017-19 stood at 282,291 tonnes, whereas the import projected for 2020 stands at 95,534 tonnes. When added with the previous 3 years the total import reflects at 377,825 tonnes. In 2017 the total...
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline for the second consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 197,600 tonnes as of Thursday March 19, a decrease of 1,700 tonnes from March 12. The inventory dropped 19,500 tonnes in the week ended March 12. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billet in Foshan, Wuxi, and Nanchang came in at 90,600 tonnes, 53,900 tonnes, and 7,200 tonnes, down 4,300 tonnes, 1,100 tonnes, and 500 tonnes from March 12. But the stocks in Changzhou and Huzhou increased by 3,300 tonnes and 1,000 tonnes to stand at 23,000 tonnes each. The aluminium alloy (ADC12)...
After remaining restrained for a day, the average alumina spot price in China is back with a drop of RMB 2 per tonne to RMB 2,566 per tonne, found Shanghai Metals Market. In the east, the price has declined by RMB 10 per tonne to RMB 2,565 per tonne; while in the other parts of China, the price chose to remain unchanged, respectively, at RMB 2,575 per tonne and RMB 2,520 per tonne. The Australian alumina FOB price also continues to remain restrained at US$ 303 per tonne, as of Thursday, March 19. The A00 aluminium ingot price, on the other hand, has seen a plunge like never before. According to SMM data, the price has crashed down by RMB 790 per tonne to come to the lowest at RMB 11,730 per tonne, attributing to the muted demand and transaction amongst downstream consumers amid COVID-19....
Logan Aluminum, an aluminium rolling mill with 1300+ employees in Russellville, Logan County, Kentucky, nestled in beautiful rolling hills and surrounded by trees, nature, and wildlife. The Kentucky based aluminium company has been in full effort to deliver information from appropriate sources, assessing risks, and has implemented adjustments to their business with the specific outcome to keep their employees, families, and their community safe and healthy. As of 18 th March’20, Logan Aluminium has not been reported of any employee health and safety issues or business hampering as a result of COVID-19. The company has advised its employees for social distancing as key critical prevention. All business units are aligned in this belief and are working with employees to exercises...
The US dollar extended its gains against a broad range of currencies on Wednesday, surpassing the 100 mark for the first time since 2017, as companies and investors worried by the coronavirus outbreak rushed to the world’s most liquid currency. Three-month LME aluminium rebounded in European and North American trading hours, rising from a new 41-month low of US$ 1,613 per tonne to end at US$ 1,638.5 per tonne. It is likely to move between US$ 1,600 per tonne and US$ 1,650 per tonne today. As of Wednesday, March 18, LME official settlement price stood at US$ 1602.5 per tonne, after inching down for the third consecutive day. But Dec 21 bid price inched up to US$ 1820 per tonne from US$ 1748 per tonne on the previous day and Dec 21 offer price to US$ 1825 per tonne from US$ 1753 per tonne....
Titagarh Wagons of India, the major stakeholder of Italy’s Titagarh Firema S.P.A., has announced the deferment of the inauguration of manufacturing the prototype of the new aluminium-bodied Pune Metro coaches. The plant operation has been suspended due to the COVID-19 outbreak in Italy. The commencement of the prototype manufacturing was supposed to set in motion on 8 th April’20. It was adjourned as the complete operations of the factory were halted till 31 st March’20 post an advisory from the Italian government. In August’19 Titagarh Firema S.P.A. secured an INR.1100 crore international bid to deliver Pune Metro rail as many as 102 avant-garde aluminium-bodied coaches. The Kolkata city (in India) based wagon maker Titagarh Wagons Ltd took over Italy’s Firema Trasporti in 2015 and...
The fright for the secondary aluminium to be hard hit is amounting as automotive giants like Toyota and BMW have decided to suspend their European production sites until further notice, in an attempt to reduce the risk of spreading COVID-19. As the secondary aluminium alloys DIN226 is widely used in Europe for the manufacture of diesel-engine cars, production cutbacks will weaken demand for the material, according to some market participants. Toyota will close the plants in the United Kingdom, the Czech Republic, France, Turkey, Poland over this week, as announced by the Japanese automaker itself in a statement on Wednesday, March 18. Toyota said it took the decision based on the government restrictions of people's movements designed to stop the spread of the virus, supply chain...
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, on 18 th March’20 marked Global Recycling Day and announced that the company’s recycling of industrial waste increased by more than a third last year to almost 140,000 tonnes, whilst regular waste generation decreased. EGA’s long-term aspiration is to send zero process waste to landfill, and the company focuses on reducing waste generation in its operations as well as developing opportunities for unavoidable waste to be used as feedstock for other industries. Waste generation decreased by five per cent, excluding spent pot lining. Generation of spent pot lining varies because it is generated only when reduction cells require re-lining after several years of operation. EGA is a...
According to the National Bureau of Statistics, aluminium production in China during January-February 2020 increased 2.4 per cent year-on-year to come in at 5.85 million tonnes. The bureau has revealed no separate production figure for January and February due to the extended holiday for Coronavirus outbreak followed after a week-long Lunar New Year holiday. Reuters calculations found that the combined average production during January and February stood at 97,500 tonnes a day, down from 98,000 tonnes a day in December, the third-highest daily rate on record. “The point is that metal has continued to come out at about the same rate and probably even rose a little in February … but demand has collapsed,” said Paul Adkins, managing director of consultancy AZ China. Unlike factories that...
Bahrain was the pioneer country in the Arab region to start an aluminium smelter. Starting as a 120,000 tonne per annum smelter in 1971, Alba today is a 1.36-plus million tonnes smelter. As the on-going global headwinds, volatile LME price and weak economic sentiment across the markets, Aluminium Bahrain B.S.C. (Alba) remains committed to ensuring the safety of its employees and contractors. Alba focuses to achieve its production target of more than 1.54 million tonnes by 2020 Production and continue to be a lean aluminium producer by building on the legacy of its cost-improvement Project Titan Programme. On this occasion, Alba’s Chief Executive Officer Ali Al Baqali emphasised: “Alba can only control what is intrinsic to its operations i.e. Safety, Production and Cost. In light of the...
Norway is ranked as the fourth largest aluminium exporter in the world and has occupied a 5.8% share of a worldwide export market that is worth $41.7 billion annually. Norway’s total aluminium export from 2017-19 was recorded at 4.55 million tonnes. The export forecast for 2020 has been at 1.3 million tonnes, when adding from 2017-19 it stands at 5.85 million tonnes cumulatively. In 2017 the aluminium export was recorded at 1.61 million tonnes, whereas in 2018 a fall by 4.34% export has been noticed and the total export volume stood at 1.54 million tonnes. The aluminium export volume in 2019 shows a negative trend, as there is a downfall of 9.09%. The total export volume stood at 1.40 million tonnes and the revenue earned was recorded at $2.55 billion. The projection for Norway’s...
According to Shanghai Metals Market, the A00 aluminium ingot price has continued to record a decline today, as on March 18. Registering a fall of RMB 80 per tonne, the price today is RMB 12,520 per tonne. The average prices are expected to range between RMB 12,500 per tonne and RMB 12,540 per tonne, with spot contract to be traded at a discount price of RMB 100 per tonne to RMB 60 per tonne. In Foshan and Chongqing, the ingot price has recorded a decline of RMB 80 per tonne as well to stand at RMB 12,500 per tonne and RMB 12,530 per tonne, respectively. Linyi has seen the highest downfall of RMB 200 per tonne to RMB 12,650 per tonne. In Wuxi, the price has dwindled by RMB 70 per tonne, followed by Hangzhou and Chongqing, where the price has plunged by RMB 60 per tonne. In Gongyi and...
Dr Peter Phillips, President of the People’s National Party of Jamaica, has called on Governor-General, Sir Patrick Allen, to declare a national day of prayer as Jamaica battles the Corona-Virus. During the budget session in parliament on 17 th March’20, Phillips made the call after briefing a raft of suggestions to address the anticipated COVID-19 fallout Dr Peter also stated apart from the possibly devastating impact of the physical health of Jamaicans, the economic effects must be considered. Jamaican island has already begun to see the impact in the main productive sectors, mainly Bauxite and tourism. As the cargo, stop-over, and cruise shipping numbers have been hugely affected. The demand for bauxite and alumina has already been curtailed and bauxite prices continue to fall due to...
