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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China’s intensely drive production of mask in the spread of the coronavirus epidemic is on course to ingest more than the weight of the Eiffel Tower in aluminium for this year. China by the end of February’20 produced face masks at the rate of 116 million per day. The capacity of aluminium required in the metal nose clips of a few popular models can extend to 1,305 tonnes in a 30 day month. The lasting of the epidemic coronavirus is still unclear and the annualised consumption rate of almost 16,000 tonnes can adequately overshoot the total weight of 10,100 Eiffel Tower, which was built using the iron. The demand from the masks will hardly reduce the annual aluminium consumption in China, the world’s leading producer and user of the metal found in cars to cans, which is around 36 million...
The aluminium scrap export of the US to Hong Kong during January18-October’18 remained at 32,200 tonnes. In 2019 the scrap export rose to 86,100 tonnes, as of Y-o-Y basis growth of 167.39% was noticed, the excess volume of 53,900 tonnes. In May’19 the US aluminium scrap export to Hong Kong stood at 11,200 tonnes; whereas in June’19 it ticked up by 17.85%, the total export was recorded 13,200 tonnes, rise in the volume of 2000 tonnes. The US scrap export to Hong Kong in July’19 reflected at 9,430 tonnes, de-growth by 28.56%, while in August’19 the export again rose by 28.31% and the total volume stood at 12,100 tonnes. In Sept’19 the scrap export to Hong Kong saw a steep downfall by 35.95%, the export volume stood at 7750 tonnes, lessen by 4350 tonnes. The Oct’19 also recorded a downturn...
Ducab, aluminium and copper cables manufacturer owned by Abu Dhabi’s General Holding Corporation and Investment Corporation Dubai, has reportedly launched a new subsidiary unit Ducab Metals Business (DMB), aiming at supplying locally-manufactured aluminium and copper solutions to a global customer base. As per the report, Ducab has already consolidated its metal operations into its newly launched unit. The Ducab subsidiary exports 75 per cent of its production to more than 35 countries in the wider MEA region, Asia, Europe, and America. In 2019, before establishing the dedicated unit, Ducab’s copper and aluminium business had generated revenue above $544.5 million. Ducab Metals Business will primarily cater to companies in the electrical manufacturing industry. It will have the capacity...
CS Aluminium Corporation (CSAC) has received Aluminium Stewardship Initiative (ASI) Performance Certification for four production facilities and headquarters in Taiwan. The certification covers re-melting and casting, hot rolling, cold rolling and finishing for the manufacture of aluminium plates, rolls, sheets and foil. Fiona Solomon, Chief Executive Officer of ASI said: “ASI warmly congratulates CSAC, the largest manufacturer of rolled aluminium products in Taiwan, on their Performance Standard Certification. Their integrated facilities, which manufacture products for building and construction, automotive, packaging, electronics, and ship-building sectors, among others, have an important role to play in enabling customers in those key downstream sectors to source responsibly produced...
The US dollar fell across the board after the US Federal Reserve cut interest rates on Tuesday, March 3, in an emergency move designed to shield the economy from the impact of the coronavirus.The dollar index, which tracks the greenback against a basket of other currencies, slipped to the lowest level since January 8 at 96.92. In a statement, the US central bank said it was cutting rates by a half percentage point to a target range of 1.00% to 1.25%. Three-month LME aluminium rose to an intraday high of US$ 1,734 per tonne and finished 0.67 per cent higher on the day at US$ 1,728 per tonne, as the surprise interest rate cut from Fed lifted market sentiment. Trading range is expected at US$ 1,705 per tonne to US$ 1,750 per tonne. LME aluminium cash (bid) price, on Tuesday, March 3,...
The Natural Resource Governance Institute (NRGI), an independent non-profit organization dedicated towards improving countries' governance over their natural resources to promote sustainable and inclusive development, publicizes that “Natural resource-backed loans are loans surrounded by secrecy”. These loans are contributing to the debt levels profuse in Africa. NRGI defined it, "a natural resource-backed loan is a mechanism by which a country can access funds in exchange for future flows of income from its natural resources, such as oil or minerals, or in exchange for repayment guarantees made up of these resources”. NRGI investigated 52 natural resources backed-loans made during 2004-2018, amounted to $164 billion. The sub-Saharan African country, Guinea in 2017, concluded a $ 20...
A00 aluminium ingot price registered a drop of RMB 130 per tonne or 0.99 per cent from Tuesday’s price of RMB 13140 per tonne. The price now stood at RMB 13010 per tonne and is expected to move within a range of RMB 12990-13030 per tonne. Spot aluminium contract is likely to be traded at a discount of RMB 100-60 per tonne. In Foshan and Wuxi, the price fell by RMB 130 per tonne and RMB 140 per tonne to stand at RMB 13010 per tonne each. Their average prices are expected to range within RMB 12990-13030 per tonne and RMB 13000-13020 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 13020 per tonne each, down RMB 140 per tonne each. Their average prices are expected to range within RMB 13010-13030 per tonne and RMB 13000-13040 per tonne. Aluminium ingot prices in Shenyang,...
The completion of residential development projects in Australia might get delayed by up to six months as cargo for building materials majorly aluminium frames held up in China due to the Coronavirus epidemic. Mark Bainey, the CEO, Capio Property Group, said: “My company's projects were unaffected by the building supply delays, other developers — particularly the bigger ones — were likely to suffer delays in completing their projects.” He also added, "If there's a delay in obtaining the materials from China, for the builders to source that somewhere else will push back the completion dates.” “We may see a delay in building completions for up to six months, which will also postpone bank settlement. This is going to cost developers more money and profitability." Brian Seidler, Executive...
Novelis Incorporation, the world-leading aluminium rolling and recycling company, announced on Monday, March 2, that it established a recycling system with one of its automotive customers in Lower Bavaria, Germany. Novelis secures automotive aluminium scrap from BMW Group’s Dingolfing production plant to recycle at its facilities. By the efficient alloy separation process, Novelis transform production scrap into the same high-quality products without any loss of quality. During the recycling process, the aluminium scrap is remelted, alloyed, and then pressed into ingots. The ingots are then further processed into aluminium sheet at Novelis’ production plants before being sent to customers for production. Novelis also operates closed-loop systems with Ford Motor Company, Jaguar Land Rover,...
Stern, a producer of conservatories and patio covers in Germany, has selected Hydro REDUXA for its conservatories in order to lower the CO2 emissions. Hydro has supplied aluminium extrusions from its Drunen, Offenburg and Hoogezand plants. Hydro REDUXA, along with Hydro’s recycled aluminium range Hydro CIRCAL, lowers CO2 footprint and improves environmental standards. Stern’s CEO Frank Schulte said, “At Stern, we drive electric cars, we have electric charging stations, and we even produce our own electricity: At this point we are 70 percent self-sufficient. To us, choosing Hydro REDUXA, which is made by 100 percent renewable energy, is a natural choice. We want to lead by example.” Hydro REDUXA is Hydro’s primary aluminium which is based on renewable energy. Hydro REDUXA certifiably...
Hindalco Industries Ltd has hiked the prices of aluminium ingots by 1.82% on Tuesday, after cutting it by 1.26% on Friday. With effect from March 3, the aluminium ingot price stands at INR 139,750 per tonne, from INR 137,250 per tonne on February 28. The prices of wire rods and billets have climbed by 1.69% and 1.74% from February 28. The prices of these products now stand at INR 150,350 per tonne and INR 146,350 per tonne, from INR 147,850 per tonne and INR 143,850 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 nearly 7% in the current quarter due to slower demand in China following the coronavirus outbreak. Aluminium operations of the company,...
Uttar Pradesh, a state in northern India, counted as the most densely populated state in India as well as the most populous country subdivision in the world, roughly with 200 million inhabitants is all set to sell Indian made foreign liquor in aluminium cans. The new excise policy of the Uttar Pradesh local government, Indian made foreign liquor will now also be sold in aluminium cans, making UP the pioneer state in the country to do so. The cost of aluminium cans will also be economical than glass bottles, which are currently used heavily. Sanjay Bhoosreddy, The Principal Secretary, Excise Department, stated the aluminium cans packaging will deliver a positive effect towards the environment and it will also make an end to the problem of adulteration of alcohol. The alcohol-producing...
Canyon Resources Limited has appointed senior bauxite executive Rick Smith as Chief Development Officer of the company. Rick Smith will focus on supply chain, offtake and strategic partner negotiations for Canyon’s Minim Martap Bauxite Project in Cameroon. Smith has more than 35 years’ experience in a variety of international locations relating to new markets, business development, exploration, feasibility studies and construction in bauxite and alumina projects. He previously worked as a senior executive for Guinea Alumina Corporation’s (GAC) recently commissioned USD$1.4 billion GAC Bauxite Project in Guinea. Smith said: “The Minim Martap Project in Cameroon is a tier-one bauxite project with global significance. I’m looking forward to joining the Canyon team and applying my learnings...
The aluminium scrap export by Taiwan from the US has been showing stability during May-Oct’19. Taiwan’s total aluminium scrap import during Jan-Oct’18 from the US stood at 46,100 tonnes, whereas in 2019 during the same phase the scrap import was recorded at 53,100, a rise by 15.18%, and by the excess capacity of 7000 tonnes. Taiwan’s total aluminium scrap import from the US during May-Oct’19 reflected at 28,270 tonnes. In May’19 the total aluminium scrap import stood at 5420 tonnes, whereas in June’19 it came down to 4650 tonnes, a de-growth by 14.20%. The aluminium scrap import by Taiwan from the US in July’19 again showed a fall by 3620 tonnes, de-growth by 22.15%. In August’19 the total import of scrap stood at 4920 tonnes, a rise of 35.91%. During September’19 the aluminium scrap...
Amidst the outbreak of epidemic Coronavirus, China’s aluminium processing industry recorded a sharp decline in February. The outbreak of the virus kept plants shut until the second half of the month and reduced new orders. The latest Shanghai Metals Market survey showed the composite purchasing manager’s index (PMI) across manufacturers of aluminium sheet/plate and strip, foil, wire and cable, construction and industrial extrusion, primary and secondary alloy in China dropped to 34.7 in February, marking the lowest since SMM began to conduct monthly survey in May 2018. Sub-index of production plunged from 20.6 in January to 19.7 in February and reading of new orders from 36.1 to 25. Labour conditions remained tight as well, due to travel restrictions; sub-reading for employment declined...
The US dollar extended its decline on Monday, 02 March 2020. The dollar index, which tracks the greenback against a basket of other currencies, once slipped to the lowest level since January 16, at 97.18. LME base metals increased across the board. LME aluminium gained 0.88%. Three-month LME aluminium ended 0.88% higher on the day at US$1,716.5 per tonne. The contract is likely to trade between US$1,680-1,730 per tonne today. As on Monday March 2, LME aluminium cash (bid) price stands at US$ 1684 per tonne, LME official settlement price stands at US$ 1684.5 per tonne; 3-months bid price stands at US$ 1699 per tonne, 3-months offer price is US$ 1700 per tonne; Dec 21 bid price stands at US$ 1825 per tonne, and Dec 21 offer price stands at US$ 1830 per tonne. The LME aluminium opening stock...
Jamaica’s opposition People’s National Party (PNP) President, Dr Peter Phillips stated that Jamaicans should calliper for a possibility of shrinkage of the nation’s economy due to the global attack of the deadly “Coronavirus”. The recently released growth data of the Jamaican economy showed 0.1% growth in the final quarter of 2019, which is negligible. Dr Peter Phillips said: “The party is ready to be part of a national response to the threat of coronavirus, and the possible financial fallout which could wipe out a number of countries' economies across the world.” “We are prepared to help to manage the crisis if called upon by the Government. We are willing to work in every area and guide the Government through the economic crisis, crime, and the coronavirus crisis,” Dr Phillips said. In...
After the three consecutive declines to RMB 13,050 per tonne, as of March 2, the A00 aluminium ingot price has recorded a rise of RMB 90 per tonne on 3 rd of March to come in at RMB 13,140 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 13,120 per tonne and RMB 13,160 per tonne, with spot contract to be traded at a discount price of RMB 110 per tonne to RMB 70 per tonne. Wuxi and Hangzhou have seen the highest rise of RMB 120 per tonne today to RMB 13,150 per tonne and RMB 13,160 per tonne, respectively. In Shenyang, the price has increased by RMB 110 per tonne to RMB 13,165 per tonne, while that in Chongqing and Gongyi by RMB 100 per tonne to stand respectively at RMB 13,160 per tonne and RMB 13,060 per tonne. In Foshan, Linyi, and Tianjin,...
