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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Indian Motorcycle, America’s first motorcycle company, on 7 th February’20 published the retail availability of the FTR Rally 2020 in North America. The retro styling with modern performance capabilities was launched in Milan at EICMA in November 2019. The FTR Rally 2020 will be now shipped to Indian Motorcycle dealers throughout the USA and Canada. The FTR Rally takes a step in a new direction while still maintaining some of the original styling DNA of the FTR 1200. The FTR Rally features with Aluminium wire wheels, Titanium smoke painted with the company’s headdress graphic, brown aviator seat, a new rally windscreen and Pirelli Scorpion Rally STR tires. Reid Wilson, Vice President of Indian Motorcycle said: “We’re excited to offer North American riders a new take on the FTR 1200 that...
Guinea Alumina Corporation has been honoured with the Project Finance International’s prestigious global “Multilateral Deal of the Year” award for its ground-breaking project financing. The news came after EGA officially announced the receipt of the award by both EGA and GAC’s Management at PFI’s annual awards ceremony in London. GAC in May 2019 closed a US$750 million financing deal to fund the country’s one of the biggest-ever Greenfield mining projects. The loan was for 12 to 14 years tenor funded by International Finance Corporation, The African Development Bank, Export Development Canada, PIDG Ltd’s company The Emerging Africa Infrastructure Fund, Societe Generale, ING Bank, Natixis, First Abu Dhabi Bank, Emirates NBD and Mashreq Bank. So, this was the first loan in which...
Ducati finally made public the latest addition to its line-up, the all-new 2020 Panigale V4 Superleggera. This exclusive and expensive motorcycle is just as gorgeous as it was expected to be. There was a suspicion that Ducati was preparing an ultra-light version of the Panigale V4 after a carbon-fiber & aluminium version of the model was spotted being tested a few months ago. The intuitions were confirmed when a few select Ducati VIPs received an e-mail signed by CEO Claudio Domenicali himself, introducing Project 1708. The e-mail contained a link to a page listing all the special model’s spectacular specifications, features, and pricing. The Superleggera is the most powerful ride to ever roll out of the Borgo Panigale factory thanks to its 224 horsepower, 998cc, V4 Desmosedici Stradale...
Hydro reported underlying earnings before financial items and tax of NOK 560 million in Q4 2019. That was up from NOK 534 million in Q4 2018 on positive effects from increased production in Brazil, lower raw material costs and positive currency effects, mostly offset by a decrease in the realized aluminium and alumina prices. "We have taken firm measures in a weak market. Our improvement program as well as cash release ambition are ahead of plan. Our improvement efforts will continue with full force, in line with our agenda towards lifting profitability and driving sustainability,” said President and CEO Hilde Merete Aasheim. Underlying EBIT for Primary Metal increased from negative NOK 677 million in Q4 2018 to positive NOK 155 million in Q4 2019. That result was attributed to lower raw...
Vedanta Limited has reportedly reduced the prices of its aluminium products by nearly 1 per cent for the fifth time within two weeks. The cut is with effect from Wednesday, February 5, which brings the company’s aluminium products price to INR 135,250 per tonne to INR 148,250 per tonne, the lowest level since early June 2019. Vedanta usually increases or decreases its aluminium products prices in line with the fall or surge in global aluminium prices. The three-month futures of aluminium have slipped to their lowest level since late October on the London Metal Exchange. Hence, Vedanta’s continuous price cut. The three-month futures of aluminium contract on LME are down more than 6 per cent as compared to the end of the previous quarter because of the escalation of the coronavirus outbreak...
Norway is the largest aluminium producing country in Western Europe, and almost 80-90% of its output is exported to the international market. Primary aluminium is produced at seven works around the country, with Norsk Hydro as the largest company in this sector. Raw Aluminium is one of the top export items of Norway, other than Crude Petroleum, Petroleum Gas, Non-fillet Fresh Fish and Refined Petroleum. The international trade data indicates Norway’s export of Aluminium Bar Rods and Profiles market is volatile. Norway’s total export of aluminium bar rods and profiles from 2017-19 was posted 72,098 tonnes, which accounted $20.66 million. The year 2020 has been projected a downturn of 25.17%, when added, the estimated export volume with the previous years it stands at 89,585 tonnes and...
China’s environmental authorities on Wednesday, February 5, reportedly issued the third batch of aluminium scrap import quotas for 2020, which would allow 1,440 tonnes of high-grade aluminium scrap to enter China. This brought the total aluminium scrap allowed for imports to China to 284,449 tonnes so far this year. SMM data showed that China in Q1 2019 had imported 332,000 tonnes of aluminium scrap, but this year the total quotas for Q1 are less likely to exceed 300,000 tonnes, even if more quotas are issued ahead. This may result in a tight supply of aluminium scrap in China in the second quarter of 2020. Throughout the year, China’s aluminium scrap imports are widely expected to halve from last year. However, in February, the country is expected to see improved availability of...
The US dollar hit a new two-month high against a basket its rivals on Thursday, as China announced it will halve tariffs on a slew of US products. LME aluminium advanced 0.9% and SHFE aluminium gained 0.4%. Three-month LME aluminium recovered earlier losses to a one-week high of US$1,751 per tonne on Thursday before closing the trading day 0.9% higher at US$1,740.5 per tonne. The contract is likely to move at US$1, 720-1,760 per tonne today. As on Thursday February 6, LME aluminium cash (bid) price stands at US$ 1697 per tonne, LME official settlement price stands at US$ 1698 per tonne; 3-months bid price stands at US$ 1722.5 per tonne, 3-months offer price is US$ 1723.5 per tonne; Dec 21 bid price stands at US$ 1853 per tonne, and Dec 21 offer price stands at US$ 1858 per tonne. The LME...
According to Shanghai Metals Market, the A00 aluminium ingot price has extended its growth for the third consecutive day by RMB 50 per tonne to stand at RMB 13,560 per tonne, as of Friday, February 7. The average prices are expected to range between RMB 13,540 per tonne and RMB 13,580 per tonne, with spot contract to be traded at a discount price of RMB 130 per tonne to RMB 90 per tonne. Foshan and Tianjin have seen the highest growth of RMB 60 per tonne to RMB 13,650 per tonne and RMB 13,590 per tonne, respectively, among all the major Chinese cities. Shenyang and Gongyi have witnessed a rise of RMB 50 per tonne to RMB 13,560 per tonne and RMB 13,510 per tonne, followed by Linyi, Wuxi, and Hangzhou, where the ingot price has increased by RMB 40 per tonne and RMB 35 per tonne to come in...
Southern Cross Electrical Engineering has reportedly secured a contract of $18 million to complete refurbishment work at Rio Tinto’s Gove Peninsula bauxite mine in the North East Arnhem Land site. The work also includes isolating and re-routing electrical and hydraulic services to the mine. The Gove Peninsula operations are expected to finish in 2030 after supplying bauxite to the global aluminium industry for more than 40 years. Rio Tinto is preparing for the site closure along with the Traditional Owners, the Yolngu people, and other stakeholders. Rio Tinto is using virtual reality technology to illustrate the rehabilitation process to give insight into the future look of the land and also to give an opportunity to the Traditional Owners to provide feedback. The Gove mine, which in 2018...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased in the first week after the Chinese New Year holiday and stood at 945,000 tonnes as of Thursday February 6.That was up 61,000 tonnes from Monday February 3. The chart below shows the current status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi and Shanghai climbed 22,000 tonnes and 1,000 tonnes from February 3 to stand at 342,000 tonnes and 106,000 tonnes. Inventories in Nanhai, Gongyi and Hangzhou stood at 208,000 tonnes, 108,000 tonnes and 103,000 tonnes, an increase of 22,000 tonnes, 8,000 tonnes and 7,000 tonnes from Monday February 3. Inventories of primary aluminium in Tianjin...
RUSAL, one of the world’s major producers of aluminium has been identified as a global leader for engaging with its suppliers on climate change by the Carbon Disclosure Project’s (CDP) Supplier Engagement Leader board. Carbon Disclosure Project (CDP) is a global non-profit that runs the world’s leading environmental disclosure platform. The high CDP rating is further evidence of RUSAL’s successful efforts to reduce emissions, manage climate risks and ensure transparent communications in this area. CDP evaluated companies that are actively involved in working with their suppliers to reduce their impact on the environment. Out of the 4,800 companies that were assessed, RUSAL was amongst the 160 corporations on the leader-board this year and the first aluminium company in the world to get...
Aluminium Stewardship Initiative has announced that it certifies a Novelis plant at Ohle, Germany, for its responsible production, sourcing, and stewardship of aluminium. The plant supplies foil and packaging products for diverse applications, including coffee capsules, foil trays for the food industry, aluminium coil cores, and flexible tubes for Automotive and Caravan. Earlier in January 2019, the Alunorf plant, which is a joint venture of Novelis and Hydro, had also secured the ASI Performance Standard Certification. The ASI Certification programme is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The ASI Performance Standard defines environmental, social and governance principles and criteria, intending to address sustainability...
Constellium, a global sector leader that develops innovative, value added aluminium products, has been conferred the “Best Performer Award” by Airbus at its annual Supply Chain and Quality Improvement Program (SQIP) ceremony in France. “We are honored to receive this award as it reflects our strong relationship with Airbus over the years and our strategic focus on industrial performance to better service our customer’s operations,” said Ingrid Joerg, President of Aerospace and Transportation at Constellium. “We look forward to continuing to support Airbus on new initiatives and to further grow our partnership in the years to come.” Constellium was awarded for its long-term partnership and sustained performance to supply aerospace aluminium products and solutions. The company supports all...
The German crane and aerial lift manufacturer Klaas has launched its fresh innovation, the Klaas K1100 RSX truck-mounted aluminium crane. The innovation will be considered as one of the largest Klaas truck cranes, with a maximum lifting capacity of 6 tonnes, a winch capacity of 2.5 tonnes and the highest lifting height of 60 metres. The maximum outrigger width is less than 6 metres, overall making it an ideal for construction sites, where space is limited. In regards to the working range; a load of 2000kg can be lifted at 23m, 1000kg at 35m and 500kg at 45m. This new model is equipped with a hydraulic telescopic Y jib, double derrick cylinders, TFR boom system, twin lung cylinders, crane control system, telescopic winch, separate diesel motor drive concept, extendable counterweight and...
Bumech signed a 29-year contract with Montenegro’s Uniprom Metals for bauxite extractions at Niksic mine. Nikšić represents the largest bauxite reserve in Montenegro and one of the largest in Europe, having estimated reserves of 135.2 million tonnes. Bumech has raised the production of bauxite by 11% in 2019 at Montenegrin mine which has been its operation. Bumech specializes in the scope of service, maintenance of operations and repair works of mining machinery and equipment. Bumech serves clients in Poland. The Polish company said in a statement on 4 th February’20 that Bumech extracted a total of 348,138 tonnes of bauxite from the mine located near Montenegro's second-largest city of Niksic. The production during the autumn and winter months was also maintained at a high level, whereas...
Aludium has recently announced that it appointed Lionel Chapis as the company’s new Chief Executive Officer, with effect from March 1, 2020. Chapis recently worked with Consetellium as a Managing Director, Automotive Solutions, and brings more than two decades of total experience in the aluminium industry. Oliver Bell, who has served Constellium as Interim Chief Executive Officer, will support Chapis during the transition period through March and then continue in his role as member of the Board of Directors and Operating Partner of Atlas Holdings, which owns Aludium. “We are extremely pleased to announce that Lionel Chapis has agreed to join our team and serve as Aludium’s next Chief Executive Officer,’ Bell said. He added, “Having served in several senior leadership roles at companies...
The average spot alumina price stands at RMB 2461 per tonne on Thursday, 06 February 2020, an increase of RMB 5 per tonne or 0.20 per cent from RMB 2456 per tonne. The alumina prices in China have increased in East and Central markets. The average prices of Alumina-East and Alumina-Central have risen by RMB 5 per tonne and RMB 10 per tonne to stand at RMB 2455 per tonne and RMB 2480 per tonne. Their average prices are expected to range at RMB 2440-2470 per tonne and RMB 2470-2490 per tonne. The price in North Central and South China markets remain unchanged at RMB 2470 per tonne and RMB 2520 per tonne. Alumina (Imported) price has increased to RMB 2520 per tonne, representing an increase of RMB 20 per tonne or 0.80 per cent from RMB 2500 per tonne. The last drop was on December 11, 2019....
