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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According to Shanghai Metals Market, the 6063 aluminium billet inventories across five major consumption areas in China have increased by 46,800 tonnes over the last two weeks. From 100,000 tonnes on January 23, the inventories, as of today, February 6, jumped to 146,800 tonnes, marking the fourth consecutive week of increase. The chart below indicates the current status of aluminium billet inventories across China in more details: As the above chart suggests, the inventories in Foshan have increased by 9,000 tonnes from January 23 to come in at 59,200 tonnes, while that in Wuxi and Changzhou by 8,600 tonnes and 7,900 tonnes to stand at 23,500 tonnes and 18,800 tonnes, respectively. Huzhou and Nanchang have also seen the growth in inventories of about 7,000 tonnes and 4,300 tonnes to...
Brazil, the largest South-American country with one of the largest bauxite reserves in the world has shown nosedive in bauxite export during 2017-20. Bauxite is the third-largest natural resource in Brazil, with 2.6 billion tonnes of the reserve. The Paragominas bauxite mine is located in the east of the state of Pará in Northern Brazil, one of the world’s richest sources of bauxite. The total bauxite export of Brazil from 2017-19 stood at 26.5 million tonnes approximately. The projected export for 2020 is 7.9 million tonnes, when adding up it makes 34.4 million tonnes. In 2017 the total bauxite export showed some momentum and reflected 9.5 million tonnes. The year 2018 showed deep de-growth of 13.68%, which accounted for 8.2 million tonnes. The year 2019 showed a bit growth of 7.31% by...
The US dollar extended its rally to a two-month peak against a basket its rivals on Wednesday, as reports of a possible treatment for the new coronavirus and strong US jobs data boosted investor sentiment. Three-month LME aluminium rallied to an intraday high of US$1,728 per tonne on Wednesday before closing the trading day 1.53 per cent higher at US$ 1,725 per tonne. Reports of production cuts at Rio Tinto’s Tomago aluminium smelter in Australia and Chinese steps to offset the damage to economic growth and demand from the coronavirus, buoyed aluminium prices. LME aluminium is expected to hover at US$ 1,700 per tonne to US$ 1,740 per tonne today. LME aluminium cash (bid) price, on February 5, increased by US$ 1 per tonne to US$ 1687.50 per tonne, while LME official settlement price rose...
Hindalco Industries Ltd has reduced the prices of aluminium ingots, billets, and wire rods by nearly 1%. With effect from February 5, the aluminium ingot price now stands at INR 137,250 per tonne, a drop of 1.8% from INR 138,750 per tonne on February 4. This is the second time in a row that the company has dropped the prices of its aluminium ingots. Hindalco has cut the prices of wire rods and billets by 1% and 1.03% from February 4. The prices for Hindalco products now stand at INR 147,850 per tonne and INR 143,850 per tonne, from INR 149,350 per tonne and INR 145,350 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 6% in the current...
The Royal Enfield extreme mountaineers bike Himalayan has gone on to win over the mid-size adventure tour segment as the most resourceful product built to take on rough riding conditions. There have been some additions which made it even more engaging adventure motorcycle in the market segment of the mid-sized bike. The newly launched Himalayan model is offered with an exclusive accessory like aluminium handlebar with a cross brace. The tall stance of the model is unique and remains same but the new bike comes with switchable ABS for off-road use, a hazard switch to warn other riders in case of an emergency, a new brake mechanism to improve stopping power and also a side stand to make parking easy. The engine is enhanced to a BS6 unit to meet the upcoming emission norms and with that,...
On Tuesday, February 4, Aluminium Bahrain (Alba) took part in a high-level Bahraini delegation to Italy, as an opportunity to explore further expansion and partnership opportunities with Italian companies. Organised by the Bahrain Economic Development Board, the delegation was led by HRH Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister of Bahrain, according to a Bahrain News Agency report. As part of the delegation, Alba chairman of the board of directors Shaikh Daij bin Salman Al Khalifa met with some of the eminent Italian companies, like Fluorsid, FATA, and Techmo Car, and signed important agreements to advance commercial opportunities for both parties. “As one of the key contributors to Bahrain’s economy, Alba is deeply...
Austria-based Hammerer Aluminium Industries (HAI) publicizes its takeover of Hydro’s aluminium extrusion plant in Romania's western county of Arad. 3 rd February’20 HAI stated: "After the signing in September’19 the acquisition by Hammerer Aluminium Industries of the Hydro extrusion plant in Romania becomes effective as of February’20. With this acquisition, HAI is systematically expanding its capacity and taking another step forward in the strategic development of all three company divisions: construction, industry and transport." The plant is located in Chisineu-Cris, Arad County, has two extrusion presses with a production capacity of 22,000 tonnes per year and 200 staffs are employed. After the completion of the acquisition process, HAI has now 10 extrusion presses with an annual of...
Rusal has announced to invest RUB 5.2 billion in 2020 for upgrading Sayanogorsk and Khakas Aluminium Smelters. It says the largest projects will be carried out in the casthouse of Khakas and the electrode production at Sayanogorsk Smelter with improvements to equipment on the site. In the casthouse of Khakas, a new cleaning system of crude aluminium will be installed, which will increase the purity of the metal and insure growth of its potential for product sales. Besides, two transformers will be replaced at one of the silicon rectifier substations to intensify the reliability of power supply. In Sayanogorsk Smelter, a large-scale modernization of anode baking furnaces will be carried out, which will involve a cost of RUB 12 billion in total. Currently, the Technical Directorate...
The US dollar rose against a basket its rivals for a second straight day on Tuesday. LME base metals cruised broadly higher on Tuesday. LME aluminium gained closed to 0.2%. Three-month LME aluminium boomeranged on Tuesday, creeping up to an intraday high of US$1,721 per tonne before sinking to a multi-year low of 1,685 per tonne. It closed at US$1,699 per tonne, up 0.15%. It is likely to trade at US$1, 680-1,730 per tonne today. As on Tuesday February 4, LME aluminium cash (bid) price stands at US$ 1686.5 per tonne, LME official settlement price stands at US$ 1687 per tonne; 3-months bid price stands at US$ 1712 per tonne, 3-months offer price is US$ 1713 per tonne; Dec 21 bid price stands at US$ 1845 per tonne, and Dec 21 offer price stands at US$ 1850 per tonne. The LME aluminium...
Indian Oil Corporation (IOC), India’s largest fuel retailer, has joined hands with Israel-based start-up Phinergy for development, manufacturing, assembly and sale of aluminium-air batteries. “IndianOil has taken a minority equity stake in Phinergy (Israel). IndianOil and Phinergy are now in the process of forming a Joint Venture in India for collaboration in the field of Al-Air battery system including research & development, customization, manufacturing, assembly, sale and service of aluminium-air energy systems technology,” the company said in a statement. In a bigger picture, the major intention of the joint venture will be to set up a factory in India to manufacture aluminium-air batteries (Al-Air Batteries) for electric vehicles and stationary applications and facilitate the...
Indian Oil Corporation (IOC), India’s largest fuel retailer, has joined hands with Israel-based start-up Phinergy for development, manufacturing, assembly and sale of aluminium-air batteries. “IndianOil has taken a minority equity stake in Phinergy (Israel). IndianOil and Phinergy are now in the process of forming a Joint Venture in India for collaboration in the field of Al-Air battery system including research & development, customization, manufacturing, assembly, sale and service of aluminium-air energy systems technology,” the company said in a statement. In a bigger picture, the major intention of the joint venture will be to set up a factory in India to manufacture aluminium-air batteries (Al-Air Batteries) for electric vehicles and stationary applications and facilitate the...
According to a recent report, the Dutch shipyard Heesen has launched the second hybrid superyacht in 5000 aluminium FDHF class. The 49.8 metre long yacht named Electra, after being prepared for intensive sea trials in the North Sea, hit the water last week ahead of its delivery date April 2020. Frank Laupman of Omega Architects has designed the exterior of the superyacht, combining a shallow-draft hull with an efficient diesel-electric propulsion engine. The design includes a near-vertical bow, long waterline and extensive use of glass. The interior of the yacht has been designed by Christiano Gatto, who has infused contemporary style with a grand staircase, custom furniture, and dark oak flooring contrasted with pale coloured panelling and cabinetry. The interior layout can accommodate...
According to the global export-import data, India’s estimated imports of bauxite climbed 27.13% from 2018 and 47.53% from 2017 to stand at 2.39 million tonnes in 2019. The country has been following an upward pattern for bauxite import. Guinea was the top supplier of the ore to India in 2019. Guinea, which has been racing past many countries to become the key bauxite exporter globally, exported an estimated 1.5 million tonnes of bauxite to India last year, an increase of 133.78% year-on-year. Other key bauxite exporting countries namely, Brazil, Trinidad and Tobago, Sierra Leone and China supplied lesser volumes of bauxite to India: 506317 tonnes, 161797 tonnes, 56050 tonnes, and 52989 tonnes respectively. According to recent estimates, India imported about 1.62 million tonnes of bauxite...
The Australian engineering company Clough Ltd based at Perth has been commissioned by Australian Bauxite Company’s subsidiary Alcore for their design and construction of aluminium fluoride plant in New South Wales. The contract which is secured by Clough, states that it will be building a recycling plant for Australian Bauxite subsidiary Alcore. In the plant, the by-products from aluminium smelters will be converted into aluminium fluoride. Alcore has worldwide exclusive rights to the aluminium-relation portion of CORE Technology, and after six months of test, work has committed to the best strategy for its first commercial plant whereby by-products from aluminium smelters will be converted into aluminium fluoride, which can be sold back to the smelters as an essential electrolyte for...
According to the recent update on Shanghai Metals Market, Shandong Weiqiao Group has raised the benchmark purchasing price for prebaked anode by RMB 20 per tonne for February. This brings the price to RMB 2,620 per tonne in cash. In the last seven months, Weiqiao consecutively cut its prebaked anode benchmark purchasing price. For January, the price was reduced by RMB 70 per tonne to RMB 2,600 per tonne in cash; while in December, the price was at RMB 2,670 per tonne after being declined by RMB 130 per tonne. But in China’s spot market, the average prebaked price has seen no change today, February 5, found Shanghai Metals Market. Yesterday, the price rose by RMB 10 per tonne from RMB 2,780 per tonne to RMB 2,790 per tonne. Other input costs have also recorded restraint today. The average...
The world’s largest aluminium smelter ex-China, Aluminium Bahrain B.S.C. (Alba), held its first workshop “One Team, One Goal” in the Executive Education Series for 2020 on 30 th January, for its Executives, Directors, and Managers at the Alba Club. The Leadership Workshop was held in cooperation with the Bahrain Institute of Banking and Finance (BIBF). The single-day team building Workshop embraced a series of group interactive activities, focused on key four areas – enhancing team spirit, creative problem solving, and negotiation and time management. This all will help to transform leadership skills and find new avenues to achieve the Company’s goals. Spoken on this occasion, Alba’s Acting Chief Executive Officer Ali Al Baqali said: “Team alignment and synchronization is a must to steer...
Alcoa Corporation has completed the sale of its subsidiary firm Elemental Environmental Solutions LLC (EES), which operates a 1,300-acre hazardous waste treatment business in Gum Springs, Arkansas. The news came after the US-based world’s eighth-largest aluminium producer announced this today, February 4. The firm is sold to Veolia ES Technical Solutions LLC (VTS) at $250 million, of which $200 million Alcoa received in cash upon closing of the sale on January 31, 2020, as per the terms of the agreement. The remaining $50 million is to be paid to Alcoa after the satisfactory post-closing conditions. The EES sale is part of Alcoa’s plan to pursue non-core asset sales, with the goal to generate between $500 million to $1 billion in cash. Alcoa expects the EES sale to bring a gain of...
World Cancer Day was incepted on 4 th February 2000 at World Summit against Cancer for the New Millennium in Paris, today it marks its 20 th anniversary. The individuals and organisations over the last two decades, across the world, have contributed to the global collaboration to promote research, prevent cancer, improve patient services, raise awareness and mobilise the global community to curb the dreaded disease. It has been recorded that 9.6 million people yield to cancer globally every year, pulling the disease the second-leading cause of deaths worldwide. The conducted research states that 70% of these occur in low-to-middle income countries due to low penetration of awareness, infrastructure, technical and medical expertise, limited access to quality care, funding for research, and...
