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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The largest industrial company in the United Arab Emirates outside oil and gas, Emirates Global Aluminium, has signed a fresh three-year contract with Vinacomin, a Vietnamese state-owned firm, extending the supply of Vietnamese alumina to the UAE until 2023. As per the new agreement, EGA will continue to buy up to 300,000 tonnes of alumina from Vinacomin each year. This deal is the extension of the agreement that EGA and Vinacomin signed in late 2017, which was due to expire at the end of this year. Alumina is amongst the significant components of UAE-Vietnam trade. The agreement follows a visit by a senior commercial delegation to Vietnam in October, led by His Excellency Sultan bin Saeed Al Mansouri, UAE Minister of Economy. Abdulnasser Bin Kalban, Chief Executive Officer of EGA, said:...
After a sharp decline of RMB 240 per tonne last day, the price of A00 aluminium ingot in China has remained restrained today, on March 10, at RMB 12,830 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 12,810 per tonne and RMB 12,850 per tonne, with spot contract to be traded at a discount price of RMB 40 per tonne to RMB 0 per tonne. But many of the major Chinese cities, except Hangzhou and Linyi, have seen a plunge in A00 aluminium ingot price. In Hangzhou and Linyi, the price has remained unchanged at RMB 12,820 per tonne and RMB 12,920 per tonne, respectively, while Shenyang has seen a drop of RMB 75 per tonne to RMB 12,840 per tonne. In Foshan, Wuxi, and Chongqing, the ingot price has slipped by RMB 10 per tonne to stand respectively at...
The US dollar dived against the euro and yen on Monday, 9 March. The dollar index, which tracks the greenback against a basket of other currencies, slipped to the lowest level since September 2018 at 94.63. LME aluminium gained 0.21%. Three-month LME aluminium dropped to the lowest level since October 2016 at US$1,644 per tonne, before it regained the losses and closed up 0.21% on the day at US$1,694 per tonne. Shanghai Metals Market expects the contract to trade at US$1,650-1,710 per tonne today. As on Monday March 9, LME aluminium cash (bid) price stands at US$ 1643 per tonne, LME official settlement price stands at US$ 1643.5 per tonne; 3-months bid price stands at US$ 1665.5 per tonne, 3-months offer price is US$ 1666.5 per tonne; Dec 21 bid price stands at US$ 1783 per tonne, and Dec...
The American president Donald Trump applauded the US relationship with Brazil in the reign of Jair Bolsonaro, President of Brazil. Though there were no assurances from President Trump concerning the aluminium tariffs on the South American country. <iframe width="500" height="300" src="https://www.youtube.com/embed/qsJ17qkUJfk" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The President of the two nations meets for a dinner at Trump’s Mar-a-Lago resort in Florida. Ahead of the dinner, Trump was asked if he would continue to hold off placing new tariffs on Brazilian aluminium, he replied: “the United States had helped Brazil, but would not make any promises regarding tariffs”. The two biggest economies of the...
The US dollar rebounded on Tuesday after consecutive days of major losses, as signs of global policy easing to cushion the economic impact from the COVID-19 epidemic eased some of the investors’ concerns. The dollar index, which tracks the greenback against a basket of other currencies, climbed to the highest level this week at 96.6 and recorded the biggest gain in the past three years. Three-month LME aluminium climbed to an intraday high of US$ 1,714 per tonne on a rebound in crude oil prices and finished the day 0.77 per cent higher at US$ 1,702 per tonne. The trading range is expected between US$1670 per tonne and US$ 1720 per tonne today. After continuing decline till Monday, LME aluminium cash (bid) price on Tuesday, March 10, recorded a significant growth of US$ 45.5 per tonne to...
On the further rise of the social inventories of primary aluminium, the A00 aluminium ingot price has recorded a sharp decline of RMB 240 per tonne to RMB 12,830 per tonne. For the first time in the last one year, the A00 aluminium ingot price has come below the RMB 13,000 per tonne level. The average prices are expected to range between RMB 12,810 per tonne and RMB 12,850 per tonne, with spot contract to be traded at a discount price of RMB 50 per tonne to RMB 10 per tonne. In Foshan, Wuxi, and Hangzhou, the price has witnessed a drop of RMB 240 per tonne and stands at RMB 12,820 per tonne. In Gongyi, the price has declined by RMB 235 per tonne to RMB 12,745 per tonne and that in Chongqing and Linyi, the price has plunged by RMB 230 per tonne to RMB 12,850 per tonne and RMB 12,920 per...
The US import of Aluminium semi-finished products (plates, sheets, bars, etc.) from Vietnam reflected a steady market during June-Nov’19 with a total volume of 10,320 tonnes. In June’19 the total import of US from Vietnam was accounted for 1470 tonnes, whereas in July’19 it was accounted at 1700 tonnes, a rise of 15.64%. The US import of aluminium semi-finished products from Vietnam showed a marginal drop in August’19 and the volume stood at 1680 tonnes, while in September’19 the import volume again reflected a drop, though marginal, with total import accounted at 1630 tonnes. In October’19 the US import from Vietnam stood at 1730 tonnes, a growth by 6.13%. Again the growth trend remained positive in Nov’19, as the total import stood at 2110 tonnes, a rise of 21.96%. The US import of...
The US dollar recorded the biggest weekly decline in nearly three years while the Japanese yen strengthened as the widening reach of the coronavirus sent investors scrambling for safety. The dollar index, which tracks the greenback against a basket of other currencies, slipped to the lowest level since February 2019 at 95.7 and finished the week 2.02 per cent lower. Three-month LME aluminium lost 1.86 per cent last Friday, March 6, and finished at US$ 1685.5 per tonne, with US stock futures and crude oil prices slumping over the weekend. Trading range is expected at US$ 1650 per tonne to US$ 1720 per tonne today. As of Friday, March 6, LME aluminium cash (bid) price further declined to US$ 1686.5 per tonne from US$ 1714 per tonne on March 5. LME official settlement price also recorded a...
Bang & Olufsen, a high-end Danish audio maker, has reportedly released new Smart Home Assistant Speakers – the Beosound Balance. Available in two colours, the speakers are equipped with seven different internal speakers to give users a stereo sound effect as well as an overall louder experience. B&O has collaborated with a British industrial designer LAYER and worked together to give consumers the best experience with a style featuring a solid oak base, an aluminium chassis, and a ‘fabric mesh covered cylinder’ rising from the base, forming the main part of the speaker. The new speakers also contain a large, upward facing subwoofer, housed inside the wooden cylindrical base. The low frequency sound comes out of the aluminium grilles from the cylinder. The top part of the speaker contains...
Magna BDW technologies GmbH has become a new Industrial User member of Aluminium Stewardship Initiative (ASI). This brings the total number of members working toward a responsible aluminium value chain to 116. Magna BDW technologies GmbH, a subsidiary of the Magna Group manufactures die-cast aluminium products for the automotive industry. The company has around 550 employees at the Markt Schwaben location. The main customers are Daimler, BMW and ZF. “At Magna BDW technologies we run our business with a view towards long-term social and environmental sustainability. We believe that ASI Membership is the next step to further increase the sustainability of our products,” said Markus Wimmer, General Manager, Magna BDW technologies GmbH. ASI is a global, multi-stakeholder, non-profit standards...
Hydro, the fully integrated aluminium company, headquartered in Norway, partly owns aluminium plant Albras in Brazil. One of the four production lines of the plant has been close down due to a fire break in an electrical transformer on Friday morning, 6 th February’20. The fire has been extinguished and the incident did not cause any people-related injuries or casualties. The other three lines have not been affected and are running as usual. As per the company officials, it has been stated that: “It remains too early to assess financial implications from the incident as well as timing for restart. Albras will investigate the cause of the fire in cooperation with local authorities.” The total production capacity of Albras is around 460,000 tonnes per year. Hydro owns 51% of Albras, while...
The US dollar fell on the first two day of the week. On Monday, the dollar index, which tracks the greenback against a basket of other currencies, slipped to the lowest level since January 16, at 97.18. On the next succeeding day, it declined further lowest since January 8 at 96.92. On March 4, the currency recovered the ground, with index bounced back 0.43 per cent and hit an intraday high of 97.6; but on March 5, again slipped to a fresh eight-week low to the lowest level since January 2 at 96.51. Three-month LME aluminium ended 0.88% higher on March 2 at US$1,716.5 per tonne. On March 3, it rose to an intraday high of US$ 1,734 per tonne and finished 0.67 per cent higher on the day at US$ 1,728 per tonne. But on March 4, the three-month LME aluminium slipped to as low as US$ 1,717 per...
The price of A00 aluminium ingot in China witnessed fluctuations over the week. The week started with a decline of RMB 120 per tonne or 0.91 per cent from Friday, February 28. The price on Monday stood RMB 13050 per tonne. But the week ended higher at RMB 13070 per tonne on Friday, March 6, up RMB 10 per tonne from Thursday. According to Shanghai Metals Market, the social inventories of primary aluminium in China rose this week, as demand recovered slowly amid the ongoing coronavirus outbreak. The inventories across the eight major consumption areas, including SHFE warrants, stood at 1.488 million tonnes, an increase of 103,000 tonnes from February 27. Primary aluminium stocks in Wuxi and Nanhai climbed 35,000 tonnes and 48,000 tonnes from February 27 to stand at 562,000 tonnes and...
Leonardo Helicopter has exhibited in public its weapon wing system that is tooled UK AW159 Wildcat HMA2 maritime helicopters during the Royal navy’s Carrier Strike Group 2021 roll-out. Leonardo Helicopter UK’s Maritime Marketing Manager, Louis Wilson-Chalon, said: “the system's aerodynamic design meant each wing created 360 kg of lift, significantly improving the endurance of the helicopter.” The Aluminium alloy and carbon fibre compound weapon wings validate a mix of weapons to be carried for a diversity of force protection scenarios. This incorporates a full load of 20 Thales Martlet air-to-surface and up to four MBDA Sea Venom anti-ship missiles. Wilson-Chalon added: “environment trials have been carried out on Wildcats as part of the testing programme underway ahead of the CSG21...
Hindalco Industries Ltd has increased the prices of aluminium ingots by 1.93% on Thursday, after raising it by 1.97% on Wednesday. This is the third time in a row that the company has raised the prices of its products. With effect from March 5, the price for Hindalco aluminium ingots now stands at INR 145,250 per tonne, from INR 142,500 per tonne on March 4. The prices of wire rods and billets have climbed by 1.8% and 1.84% from March 4. The prices of these products now stand at INR 155,850 per tonne and INR 151,850 per tonne on March 5, from INR 153,100 per tonne and INR 149,100 per tonne. 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 due to slower demand...
According to Shanghai Metals Market, the primary aluminium production in China shrank to 2.87 million tonnes in February, but year-on-year it was up by 6.9 per cent. Operating rates were down by 0.2 percentage point from the end of January to 89.3 per cent, as newly-commissioned projects were still ramping up. As of the end of February, the total primary aluminium capacity in operation was 36.6 million tonnes in China, while the existing capacity was 40.99 million tonnes on an annualised basis. China’s total primary aluminium production in the first two months of the year stood 5.1 per cent higher year-on-year at 5.94 million tonnes. That was faster than consumption growth, resulting in soaring inventories. As of March 5, social inventories of primary aluminium stood at 1.49 million...
Jean-Sebastien Jacques, CEO, Rio Tinto, will be meeting the federal and State Government ministers of Australia about to discuss on the future of Tomago Aluminium smelter. Mr Jean-Sebastien will meet the New South Wales government representatives coming week as the smelter is confronting a threat of existence due to the demand for high power and costs. The global push for zero emissions and an uncertain Australian energy future is also included in the threat. The meeting is coming up just after weeks Rio Tinto pledged $1.5 billion over the next five years to neutralise its greenhouse gas emissions and become a net-zero emitter by 2050, raising even more concerns about the future of its high-emissions smelters. Mr Jean-Sebastien has already met with Angus Taylor, Federal Energy Minister....
China in February 2020 produced 5.4 million tonnes of alumina, of which metallurgical-grade materials accounted for 5.17 million tonnes, according to Shanghai Metals Market. Daily production of metallurgical-grade alumina averaged 178,000 tonnes, 8.19 per cent lesser than February 2019 and 0.52 per cent from January 2020. Capacity cut at many refineries amidst the deadly Coronavirus outbreak was one of the reasons for the dip in daily alumina output. In January, production of metallurgical-grade alumina averaged 179,000 tonnes per day. However, some alumina refineries have begun to recover production since late February, as their inventories of imported and domestic bauxite recovered to safe levels after truck transport capacity tightness eased and private mines in Henan resumed work...
