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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Crown Holdings, Inc., a leading global supplier of rigid packaging products to consumer marketing companies, will build a new beverage can manufacturing facility in Bowling Green, Kentucky. The 327,000 square foot plant is scheduled to be operational by the second quarter of 2021. Timothy J. Donahue, President and Chief Executive Officer said, "Beverage can growth in North America is being driven by the growing proportion of new products being introduced in cans versus other packaging, as both customers and consumers recognize the inherent portability, durability and sustainability of the beverage can." The new facility will provide beverage cans to the customers serving a variety of categories including sparkling water, energy drinks, carbonated soft drinks, teas, nutritional beverages,...
The National Award for Export Excellence – Star performer for 2017-18 has been awarded to Jindal Aluminium. This prestigious award by the Engineering Export Promotion Council (EEPC) has recognised Jindal Aluminium as the highest exporter in the group of 'aluminium & articles thereof’ under Large Enterprise Category.' The trophy and certificate of this honour has been presented to Anil Agarwal, President of Jindal Aluminium at an event in New Delhi by BS Bhalla, additional secretary, Ministry of Commerce in the presence of other dignitaries of EEPC-India, Kamna Raj Aggarwal, regional chairperson, Mahesh K Desai, Sr. VC, Ravi Sehgal, Chairman, and Arun Kumar Garodia, VC. Pragun Jindal Khaitan said, “We are very humbled to have been honoured on such a valued platform. We as an organisation...
According to Shanghai Metals Market, Shandong Weiqiao Group, the top aluminium producer in China has raised the benchmark purchasing price of prebaked anode for the second month in a row. For March 2020, the company has hiked the benchmark purchasing price by RMB 210 per tonne to RMB 2,830 per tonne in cash. The benchmark price by acceptance is set at RMB 2,865 per tonne. The prebaked anode price in the east has recorded an increase of RMB 210 per tonne to RMB 3,000 per tonne on March 2, after remaining flat at RMB 2,790 per tonne since February 4. The price is likely to move within a range of RMB 2,830- 3,170 per tonne. The markets in the central and southwest China have also witnessed an increase of RMB 210 per tonne and RMB 100 per tonne to RMB 3,060 per tonne and RMB 3,370 per tonne....
In the present day, aluminium is a universally used metal in various industries. The light-weight of the metal, easy way to process and corrosion-resistant is its basic features for abroad acceptance. The consumption of aluminium has been growing on year on year basis and it is very well facilitated by the development of aluminium production technologies and the expansion of its scope. Aluminium is one of the amplest elements found in the Earth's crust. Although the world's primary aluminium production has impressive rates, today recycled scrap remains the major source of the total aluminium production. The value of recycled aluminium is much lower than the primary aluminium. Besides, production of secondary aluminium is less energy-intensive and more environmentally friendly. The US has...
As updated by Shanghai Metals Market, average spot alumina price in China has increased from RMB 2565 per tonne on February 28 to RMB 2574 per tonne on March 2. This marks an increase of RMB 9 per tonne or 0.35 per cent on Friday. The prices of alumina in East, Central, and North China markets have risen by RMB 5 per tonne, RMB 10 per tonne and RMB 10 per tonne to stand at RMB 2575 per tonne, RMB 2575 per tonne, and RMB 2590 per tonne. Alumina-South remains unchanged at RMB 2520 per tonne. Alumina (Imported) price stands RMB 40 per tonne higher on Monday, 02 March 2020. The price stands at RMB 2580 per tonne. A00 aluminium ingot price on Monday has extended drop by RMB 120 per tonne from RMB 13170 per tonne. The price today stands at RMB 13050 per tonne. This marks the third consecutive...
The US dollar declined to a 20-week low against the Japanese yen on last Friday. LME base metals closed mostly lower on Friday. But LME aluminium gained 0.65%. Three-month LME aluminium fell to the lowest level since November 2016, at US$1,665 per tonne. But it closed 0.65% higher on the day at US$1,701.5 per tonne. The contract is likely to trade between US$1,670-1,710 per tonne today. As on Friday February 28, LME aluminium cash (bid) price stands at US$ 1662.5 per tonne, LME official settlement price stands at US$ 1663 per tonne; 3-months bid price stands at US$ 1679 per tonne, 3-months offer price is US$ 1680 per tonne; Dec 21 bid price stands at US$ 1808 per tonne, and Dec 21 offer price stands at US$ 1813 per tonne. The LME aluminium opening stock dropped to 1082150 tonnes. Live...
Kwasi Amoako-Atta, The Minister of Roads and Highways, Ghana, announced that the epidemic of the deadly Coronavirus in China has pertained a blow to the multibillion-dollar bauxite-for-infrastructure deal. The Chinese Government would allot out US$2 billion to bankroll a lot of infrastructural projects in Ghana in exchange for bauxite. The Roadways minister says: “So far, four out of the ten projects under the deal, have commenced. But the coronavirus outbreak has affected things.” “The officials should have come from China to join us to perform these exercises in relation to the Sinohydro deal because of the manifestation of that deadly coronavirus that certainly has affected a lot of things”. Mr Amoako-Atta, while in his visit to Koforidua, Eastern Region of Ghana, said: “The Chinese...
Magnitude 7 Metals LLC, a 50-year-old aluminium smelter on the banks of the Mississippi in southeastern Missouri, is losing money in all means that it might close down within the next 60 days, as per one of the senior executive of the plant. In 2018, the bankrupted aluminium smelter was re-opened, followed US President Donald Trump’s additional tariffs imposed on aluminium importation. The tariffs generally do not cover the value-added aluminium products being shipped to the United States by overseas competitors, undercutting the company's position. Magnitude 7 Metals, CEO, Charles Reali said: “The rest of the world has gamed the tariffs, in our opinion. The Commerce Department tried to help, but missed the mark." The formidable outlook for Magnitude 7 has been worsening by the...
Africa produced 136,000 tonnes of primary aluminium in January 2020, a decrease of 2.86 per cent from 140,000 tonnes in January 2019. The output reduced by 2.16 per cent from December 2019’s production of 139,000 tonnes but increased 2.26 per cent from November 2019’s production of 133,000 tonnes, according to the latest data showed by the International Aluminium Institute (IAI). IAI reported that primary aluminium production in Africa came in at 1.643 million tonnes in 2019 as compared to 1.668 million tonnes in 2018. That was down 1.5 per cent year-on-year. Global primary aluminium production stood at 5.451 million tonnes in January 2020, an increase of 0.57% from 5.420 million tonnes in January 2019. The output inched up by 0.22% month-on-month. In 2019, primary aluminium came in at...
Rio Tinto, which developed a reservoir to power the aluminium smelter in Kitimat, B.C., has signed a New Day agreement with the Cheslatta Nation, promoting the social and economic well-being of the Cheslatta. Rio Tinto’s Kitimat aluminium smelter relies on electricity generated at its hydro-electric plant at Kemano, about 80km from the town. The development of the community will be through training, employment, business opportunities and environmental stewardship. Cheslatta Chief, Corrina Leween, said: "To create a sustainable economy for the present and the future generations are the biggest benefits that I see out of the agreement.” "We were always hopeful that we would see this day and it has happened." Leween also said: “Cheslatta students will also have access to scholarships, with...
As the week comes to an end, let’s look back at the status of Chinese aluminium and input costs recorded throughout the week. The average alumina spot price during February 24-28 recorded interrupted growth of RMB 49 per tonne ranging between RMB 2,516 per tonne and RMB 2,565 per tonne, showed Shanghai Metals Market. In the east, the price rallied by RMB 50 per tonne from RMB 2,520 per tonne to RMB 2,570 per tonne over the week, while that in the central and north, the price grew by RMB 40 per tonne and RMB 50 per tonne, from RMB 2,525 per tonne to RMB 2,565 per tonne and RMB 2, 530 per tonne to RMB 2,580 per tonne, respectively. Limited availability of alumina due to production cut at several refineries in China amidst deadly Coronavirus whilst stable production of primary aluminium...
The discharge ceremony for the first shipment of bauxite from Chinalco’s Boffa bauxite project in Guinea was held in the Rizhao port in Shandong province on 26 th February’20. The company announced that the transportation mission was completed by M.V. QU SHAN HAI under COSCO Shipping bulk, which has marked a new milestone of achievement by Chinalco’s Boffa Project. The ceremony was held online via video conference so as to prevail the standards of COVID-19 prevention and control policies. The relevant executives of COSCO SHIPPING Bulk, CHINALCO, and Shandong Port Group attended the ceremony in Guangzhou, Beijing, and Rizhao, respectively. The successful berthing and cargo discharging of M.V. QU SHAN HAI marked the first achievement made jointly by COSCO SHIPPING and CHINALCO under their...
United Company Rusal, the world’s second-largest aluminium company by primary production, posted that its primary aluminium output in the whole year of 2019 remained flat at 3.757 million tonnes, in contrast to 3.756 million tonnes in 2018. In the fourth quarter of the year, the growth in primary aluminium output was marginal. From 942,000 tonnes in Q3, the production grew to 949,000 tonnes in Q4, up by about 1 per cent. Production of Rusal’s aluminium foil and packaging products remained flat in Q4 2019 at 25,000 tonnes, but in the whole year increased by 10.2 per cent from 89,000 tonnes in 2018 to 98,000 tonnes. Aluminium sales in Q4 totalled at 1.107 million tonnes, up 1.5 per cent from 1.091 million tonnes in Q3. During that period, sales of value-added products (VAP) increased to...
Russia’s export to the US in regards to aluminium crude metal and alloy has been observed to be going through a continuous dwindle in May-Oct’19. The total export volume to the US stood at 59,127 tonnes during May-Oct’19, whereas the export volume during Jan-Oct’19 was recorded at 129,000 tonnes. During the same phase preceding the year 2018 Russia’s export to the US was up by 152,000 tonnes, a rise of 54.09% and the total volume was 281,000 tonnes. In May’19 the Russian export of aluminium crude metal and alloys was accounted at 18,800 tonnes, while in June’19 it was recorded at 23,200 tonnes, a growth of 23.40% and by volume excess, it stood at 4,400 tonnes. The Russian export to the US in July’19 was recorded havoc with total export volume stood at 5260 tonnes, which is 77.32% downfall...
Hindalco Industries Ltd has reduced the prices of aluminium ingots by 1.26% on Friday, 28 February 2020, after raising it by 1.09% on Wednesday. With effect from February 28, the aluminium ingot price now stands at INR 137,250 per tonne, from INR 139,000 per tonne on February 26. The company has dropped the prices of wire rods and billets by 1.17% and 1.2% from February 26. The prices for Hindalco products now stand at INR 147,850 per tonne and INR 143,850 per tonne, from INR 149,600 per tonne and INR 145,600 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...
United Company Rusal has announced its fourth-quarter and full-year results of 2019 ending December 31, revealing that its bauxite production in the fourth quarter stood at 4.026 million tonnes, up 2 per cent from 3.948 million tonnes in the third quarter. In the full year, the company’s bauxite output came in at 16.047 million tonnes, 15.9 per cent higher than 13.847 million tonnes in the previous year. Production of alumina by Rusal grew as well, both in the fourth quarter as well as the full year. Rusal in Q4 2019 produced 2.050 million tonnes of alumina, up 4.7 per cent from 1.957 million tonnes in Q3. In the whole year, their total alumina production came in at 7.858 million tonnes, 1.1 per cent higher than 7.774 million tonnes in 2018. Rusal’s third-party bauxite sales in Q4 were...
As updated by Shanghai Metals Market, average spot alumina price in China has risen from RMB 2543 per tonne on February 27 to RMB 2565 per tonne on February 28. This marks an increase of RMB 22 per tonne or 0.87 per cent on Friday. The prices of alumina in East, Central, and North China markets have climbed by RMB 30 per tonne, RMB 20 per tonne and RMB 20 per tonne to stand at RMB 2570 per tonne, RMB 2565 per tonne, and RMB 2580 per tonne. Alumina-South remains unchanged at RMB 2520 per tonne. Australian alumina FOB price stands USD 2 per tonne higher on Friday, 28 February 2020. The price stands at USD 301 per tonne. Al Fluoride and Cryolite prices in China have registered a big jump today. Al Fluoride price stands at RMB 9100 per tonne, up RMB 500 per tonne. Cryolite price has increased...
The US dollar fell on Thursday as investors bet the Federal Reserve would cut interest rates to offset the impact of the spreading coronavirus amid the rapid rise in the number of COVID-19 cases. The dollar index, which tracks the greenback against a basket of other currencies, slipped to 98.36, the lowest level since February 6, and ended down 0.65 per cent at 98.47. Three-month LME aluminium slipped to the lowest level in three years at US$ 1,682.5 per tonne before it closed 0.68 per cent lower on the day at US$ 1,690.5 per tonne. While LME aluminium inventories extended slide and the US dollar softened, prices of the base metals will remain under pressure before the epidemic is contained. Today, LME aluminium is expected to trade at US$ 1,670 per tonne to US$ 1,710 per tonne. As of...
