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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On 27 th February’20, school children, members of the corporate community and the hospitality industry together came up to observe the 24 th cycle of Aluminium can collection day in UAE. In a single day, pre-identified collection points across the country collected around 5,325 kg of aluminium cans. Emirates Environmental Group (EEG) organised this annual national event of Can Collection Day, the first-of-its-kind environmental NGO in the UAE. The motto of the event this year was: “Don’t throw it away. Recycle it for another day.” The annual activity made people come from all walks of life together. The public sector and private sector entities both came in join hands with the EEG to obstruct used aluminium cans from using to landfills, which damage the environment and leads the cause of...
One of the world’s biggest aluminium extrusions manufacturer, China Zhongwang Holdings, on Wednesday, February 26, announced that it would sell its loss-making smelter for $655.94 million. According to the report, Zhongwang has agreed to sell its 100 per cent stake in Zhongwang Aluminium Material, the unit that holds 800,000 tonnes per annum of primary aluminium smelting capacity in China’s North-eastern Liaoning province. Yidian Holding Group will purchase the smelter, which will make its capacity double than its existing 600,000 tonnes per annum. "Due to the high production costs including costs of electricity, the electrolytic aluminium business has been loss-making in recent years," Zhongwang said in a statement. Zhongwang noted that in 2018 and 2019, the unit recorded net losses of...
According to Shanghai Metals Market, the social inventories of primary aluminium in China have continued to trend higher this week, as demand has recovered slowly than expected. The SMM data shows, the inventories have built up by 155,000 tonnes over the week across eight major consumption areas, including SHFE warrants, to come in at 1.385 million tonnes, as of Thursday, February 27. On last Thursday, February 20, the inventories stood at 1.23 million tonnes after increasing by 137,000 tonnes from the previous week. The below chart indicates the current status of primary aluminium inventories across China in more details: In Wuxi, Shanghai, and Nanhai, the inventories have increased by 80,000 tonnes, 10,000 tonnes, and 68,000 tonnes week-on-week to stand at 527,000 tonnes, 121,000...
As updated by Shanghai Metals Market, Stocks of 6063 aluminium billet across five major consumption areas in China stood at 212,400 tonnes as of Thursday February 27, an increase of 19,300 tonnes from February 20. The inventory expanded 22,500 tonnes in the week ended February 20. The rise in inventories was due to limited shipments from warehouses and stable arrivals. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billet in Foshan, Wuxi, and Changzhou came in at 86,400 tonnes, 53,900 tonnes, and 21,400 tonnes on Thursday, up 13,900 tonnes, 12,600 tonnes, and 1,400 tonnes from February 20. But the stocks in Huzhou and Nanchang dropped to stand at 30,000 tonnes and 20,800 tonnes. The aluminium alloy...
Just when the demand for aluminium was rebounding and manufacturing revival was showing encouraging signs towards the end of 2019, the deadly Coronavirus made its appearance in China at the beginning of 2020 and took a toll on almost all parts of the world. The global aluminium market in 2019 was anyway shaken by the economic downturn, resulting in production cut at refineries and smelters and drops in sales of end-users products. However, some expectations of a demand recovery were resting on China, which now reflects no promising scenario for the near-term, at least. The virus and the accompanying quarantine measures have since chilled economic activity, a short-term demand for the metal is least expected to have a turnaround time. The London Metal Exchange (LME) aluminium price, which...
The US exported 157,000 tonnes of aluminium scrap in October 2019, from 164,000 tonnes exported in October 2018. This records an increase of 4.27% year-on-year, according to the latest report from the US Geological Survey. Exports increased by 1.29% from September’s export volume of 155,000 tonnes but dropped by 4.85% from August export volume of 165,000 tonnes. Aluminium scrap exports stood at 1.57 million tonnes in the first ten months of 2019, which was a 10.56% increase from 1.42 million tonnes in the first ten months of 2018. The US exported 20,300 tonnes of aluminium scrap to India in October 2019. Exports reduced by 20.39% or 5,200 tonnes year-on-year and 4.25% or 900 tonnes month-on-month. The US had exported 25,500 tonnes and 21,200 tonnes in October 2018 and September 2019,...
The US dollar index was little changed on Wednesday as coronavirus headlines sapped sentiment. The dollar index, which tracks the greenback against a basket of other currencies, edged up 0.14% and ended at 99.12. LME base metals fell for the most part. LME aluminium went flat. Three-month LME aluminium ended at US$1,702 per tonne after slipped to a session low of US$1,690 per tonne. LME aluminium inventories extended their slide, which coupled with better-than-expected US new home sales data, underpinned aluminium prices. The contract is likely to trade between US$1,680-1,720 per tonne today. As on Wednesday February 26, LME aluminium cash (bid) price stands at US$ 1676 per tonne, LME official settlement price stands at US$ 1676.5 per tonne; 3-months bid price stands at US$ 1696 per...
The average alumina spot price continues to expand in China amidst the limited production at refineries and weak supplies in the market. Today, on February 27, the alumina price has grown by RMB 18 per tonne to stand at RMB 2,543 per tonne, according to Shanghai Metals Market. With the continued rise, the alumina price over the month has increased by RMB 89 per cent, in contrast to the escalation of RMB 17 per tonne in the month earlier. In the north, the average alumina spot price has grown by RMB 20 per tonne to RMB 2,560 per tonne, followed by the east and central, where the price has jumped by RMB 15 per tonne to RMB 2,540 per tonne and RMB 2,545 per tonne, respectively. In the south, however, the price has remained restrained at RMB 2,520 per tonne. But while the alumina price in the...
The National Industrial and Commercial Investments Limited (NICIL), a Government of Guyana holding company, has paid the salaries for February to the 326 workers sacked by the Rusal-owned Bauxite Company of Guyana Inc (BCGI). RUSAL, one of the world’s largest producers of aluminium has suspended its bauxite mining operation in Guyana Lewis Lincoln, the General Secretary of the Guyana Bauxite and General Workers Union (GB&GWU) communicated those 326 workers who not being employed for February, the union sought to reach out to the government and requested assistance to lessen the hardships they have been facing. Lincoln also added that the request was granted and workers were paid their monthly pay following their scales.
Ess Dee Aluminium Ltd., which once acquired the three sick units of India Foils a decade ago, has capitulated to insolvency itself. The National Company Law Tribunal’s (NCLT) Kolkata bench has ordered the initiation of a corporate insolvency resolution procedure against Ess Dee Aluminium Ltd, once used to be a major producer of aluminium foil used in the pharmaceutical industry. The Indian financial giant, State Bank of India has applied the NCLT to start CIRP against Ess Dee Aluminium Ltd. for failing to discharge its debt obligation of INR. 469.84 crore. The Calcutta bench which comprises of Madan B. Gosavi and Virendra Kumar Gupta has admitted the case and appointed an interim resolution professional (RP)to start up the process. According to the Indian Insolvency and Bankruptcy Code,...
Hydro has received contracts from Tersan Shipyard for the supply of aluminium solutions. The company will deliver its products for the upper sections of ships under construction for Norwegian shipowner Havila Kystruten AS. “We are very pleased that we were able to use our innovative design and aluminium shipbuilding knowledge to support what will be among the most environmentally friendly coastal cruise ships in service,” commented Chris Moyle, Sales Director Marine & Offshore in Hydro’s Extruded Solutions business. The two Norwegian coastal cruise ships (Kystruten) ships ‘Havila Capella’, ‘Havila Castor’, will be identical: 124.1 meters long, 22 meters wide and able to carry 640 passengers. The ships, powered by LNG (liquefied natural gas) and batteries, will be delivered at the end of...
A South African startup Uncanny Wines is reportedly planning to cash in on a growing global taste for canned wines as a lighter and more convenient alternative to bottles. The company says it is targeting the domestic market first before eyeing the export market. Canned wines are already on sale in the United States, parts of Europe and elsewhere, but new in South Africa, which is one of the world’s top 10 wine producers. The global wine industry is estimated to be worth nearly US$400 billion. South Africa’s Wine and Spirit Board will certify the company’s cans of premium red and white wines. According to the report, Uncanny sells its Chenin Blanc wine and Merlot grape varieties in 250ml aluminium can at approximately R40 each, while Pinotage Rosé in cans is expected to be launched soon....
On 25 th February’2020, Bajaj Auto published the prices the Husqvarna twin bikes in India – Svartpilen 250 and Vitpilen 250, with introductory prices starting at INR. 180,000 (ex-showroom). The twin models of Husqvarna are equipped with 17” cast aluminium wheels, dual-channel ABS, LED headlight and taillight. The fuel-injected 250cc machine is geared up with liquid-cooled, single-cylinder and 4-stroke DOHC engine. The bikes weigh 153 and 154 kg and have a fuel tank capacity of 9.5 litres. Husqvarna Motorcycles will be available for sale from the KTM showrooms from the early next month, which is upgraded to sell both KTM and Husqvarna brands. Husqvarna is a Swedish premium motorcycle brand and also one of the oldest motorcycle brands in the world. It is a part of the KTM Group and has...
Rio Tinto has announced its full-year financial results of 2019, where it reveals strong safety performance with no fatalities and a slightly improved all injury frequency rates, coming from a strong base. The company’s net cash generated from operating activities stood at US$ 14.91 billion, up 26 per cent from US$ 11.82 billion in 2018. Free cash flow, as a result, rose by 31 per cent from US$ 6.97 billion to US$ 9.15 billion. Both are presented after $0.9 billion tax paid in 2019 relating to the 2018 coking coal disposals. Rio’s 2019 capital expenditure remained consistent at US$ 5.48 billion, compared to US$ 5.43 billion in the previous year. Underlying EBITDA and underlying earnings came in at US$ 21.19 billion and US$ 10.37 billion, respectively, recording a growth of 17 per cent and...
India has announced its final anti-dumping determination on imports of aluminium and zinc coated flat products from Vietnam, Korea and China, according to Shanghai Metals Market report. The Commerce Department of India has assigned a final dumping rate of $128.93 per tonne to Chinese exporters. It has determined a dumping rate of $56.48 per tonne for Zhejiang Huada New Material. The duty for mills in South Korea is $13.07-84.47 per tonne. For mills in Vietnam, the tax rate ranged from $23.63-173.1 per tonne. In April 2019, India had initiated an investigation into the alleged dumping of aluminium and zinc coated flat products originating in or exported from China, Vietnam and Korea “The Authority hereby initiates an investigation into the alleged dumping, and consequent injury to the...
On 25 th February’20, Lotte Aluminium, the largest comprehensive aluminium packaging material company of South Korea, made public that it will invest aluminium anode foils production plant for secondary batteries in Hungary. Lotte Aluminium plans to invest KRW 110 billion in an industrial complex in Tatabanya, Hungary. The plant is projected to complete within the first 6 months of 2021 to produce aluminium anode foils for secondary batteries, to use equipped in eco-friendly electric vehicles. The rise of global eco-friendly policies to regulate the reduction of carbon dioxide emissions of automobiles will be tightened further, especially in the EU, to 81g CO2/km in 2025, making most internal combustion engine cars subject to regulation. As an outcome, the electric vehicle market is...
The average alumina spot price has extended growth by RMB 3 per tonne to RMB 2,525 per tonne, according to Shanghai Metals Market. Limited supply of the ore in the market due to lower production at refineries is primarily responsible for the continued growth in the alumina spot price. In the east, the price has also come in at RMB 2,525 per tonne, but after the growth of RMB 5 per tonne. In the central, north, and south, the price has recorded no change. The Australian alumina FOB price has remained restrained as well at US$ 299 per tonne, found Shanghai Metals Market. The A00 aluminium ingot price has also recorded a growth today, followed after a restraint at RMB 13,410 per tonne on the previous day. The SMM data shows the aluminium ingot price has expanded by RMB 20 per tonne to RMB...
The US dollar index declined on Tuesday, 25 February 2020. The dollar index, which tracks the greenback against a basket of other currencies, dipped 0.3% and ended at 98.97. LME base metals traded mostly higher. LME aluminium gained 0.2%. Three-month LME aluminium rebounded on short-covering, hitting a session high of US$1,715 per tonne and closed up 0.18% on the day at US$1,702 per tonne. The contract is likely to trade between US$1,680-1,720 per tonne today. As on Tuesday February 25, LME aluminium cash (bid) price stands at US$ 1683 per tonne, LME official settlement price stands at US$ 1685 per tonne; 3-months bid price stands at US$ 1704 per tonne, 3-months offer price is US$ 1705 per tonne; Dec 21 bid price stands at US$ 1835 per tonne, and Dec 21 offer price stands at US$ 1840 per...
