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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After three years of back-to-back rise, the aluminium scrap exports from France are estimated to see a slight downfall in 2020, found the international trade data. From 533,972 tonnes in 2019, the export amount is likely to dip by 1.76 per cent to 524,574 tonnes. In 2018, France’s aluminium scrap exports were 497,771 tonnes after growing by 7 per cent from 465,461 tonnes in 2017. The data indicate that France’s aluminium scrap exports in 2019 saw a rise of 7.27 per cent. But despite the estimated de-growth in the export amount in 2020, France is expected to yield more revenue than the previous year. Compared to US$429 million in 2019, France is likely to generate US$440 million this year from its aluminium scrap exports, up 2.56 per cent. 2019 had seen a growth of 4.37 per cent in...
Hydro announced that it will sell its closed Kurri Kurri aluminium smelter to a joint venture of local property and residential land developers Stevens Group and McCloy Group. Hydro's Kurri Kurri aluminium smelter started production in 1969 and went offline in 2012 due to the continued weak macroeconomic environment, low metal prices, uncertain market outlook and a strong Australian dollar relative to the U.S. dollar. Hydro decided to permanently close Kurri Kurri in 2014. Since the closure, Hydro has been planning to demolish, remediate and redevelop the site in accordance with environmental and biodiversity requirements. “Hydro and the Australian company Flow Systems Pty. Ltd. reached an agreement on a sale of the Kurri Kurri primary production site in July 2018. However, the agreement...
Ghana’s debt will rise predominantly due to an annual assumption of 2% of GDP in the form of contingent liabilities. The disbursals under the $2 billion financing deal with Sinohydro, an infrastructure financing deal that has been an ancillary by country’s yet-to-be-mined and refined bauxite resources. This is at a pre-assumed stage that the annual execution rate of about $100 – $200 million in the funding requirements and the debt ratio. The Federal Government is examining by issuing additional collateralized debt to support investment in bauxite refining in part to absorb surplus energy. As an outcome, the debt burden has risen by nearly 10% points of GDP since 2017, in part as a consequence of the financial sector bailout in 2018-19 and the measures taken to clear legacy power utility...
Altech Chemicals Limited in its recent media release has updated the current status of the construction activities of its high purity alumina plant site in Johor, Malaysia. The company says the construction of the site’s electrical substation, which started in September 2019, is progressing ahead of schedule. Designed in accordance with the requirements of the local electricity service provider TNB (Tenaga Nasional Berhad), the largest electricity utility in Malaysia, the substation has already obtained required approvals for the structural, mechanical, and electrical elements of the facility. Substation construction is expected to be completed by May 2020. Post-construction, the substation will be turned over to TNB for inspection by its project team ahead of switchgear installation to...
Benchmark aluminium price on London Metal Exchange opened lower at US$ 1755.5 per tonne on Monday, January 27. That was down 1.13% from Friday’s close of US$ 1775.5 per tonne. As on Monday January 27, LME aluminium cash (bid) price stands at US$ 1755 per tonne, LME official settlement price stands at US$ 1755.5 per tonne; 3-months bid price stands at US$ 1764 per tonne, 3-months offer price is US$ 1765 per tonne; Dec 20 bid price stands at US$ 1895 per tonne, and Dec 20 offer price stands at US$ 1900 per tonne. The LME aluminium opening stock dropped to 1248025 tonnes. Live Warrants totalled 732075 tonnes, and Cancelled Warrants were 515950 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1770.50 per tonne. SHFE Aluminium Price Trend Shanghai Futures Exchange is...
The Italian auto manufacturer, Piaggio’s, India counterpart has updated its full range of three-wheelers to meet the upcoming BS VI norms. The Italian brand also launched a “Performance range”, with both diesel and alternative fuel-powered models. The diesel range boasts of a completely new power pack with a 599cc engine pumping out 9.3 HP of power and 23.5 Nm torque. The engine along with a 5-speed gearbox and new aluminium clutch enhances the load-carrying capability and enables faster trip times. The company’s diesel-powered BS-VI products now ask for an ex-showroom price increase of INR 45,000 and the alternate fuel range INR 15,000 over equivalent BS-IV products. The upgraded Cargo range comes with a larger cabin providing better headroom and space thereby enhancing the wellbeing of...
As updated by Shanghai Metals Market, inventories of aluminium billet rose for the third consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China increased by 33,700 tonnes from Thursday January 16 to stand at 100,000 tonnes as of Thursday January 23, after rising 13,200 tonnes in the previous week. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billet in Foshan and Wuxi stood at 40,200 tonnes and 14,900 tonnes on Thursday, January 23, up 10,100 tonnes and 2,100 tonnes from January 16. Stocks in Changzhou, Huzhou and Nanchang rose 5,100 tonnes, 7,000 tonnes and 9,300 tonnes to stand at 10,900 tonnes, 23,000 tonnes and 11,000 tonnes. As of Thursday, January 23, the...
The Russian Government is reportedly altering the rules of its utilisation scheme, through which it allocates state aid for the reimbursement of fees paid by carmakers. These fees are intended to cover eventual vehicle recycling charges as well. The utilisation programme was introduced in 2014 and that would offer incentives for the exchange of older models, in a bid to increase demand for new cars and stimulate Russia’s car industry. Customers would receive a discount on the purchase of new vehicles if they submitted their old car through the scheme. For the past six years, carmakers have had to pay the utilisation fee for cars built in Russia as well as those assembled from imported semi-knockdown (SKD) kits. Now, the government in Russia has doubled the fee. Carmakers need to pay...
North America’s primary aluminium production dropped by 1.52% year-on-year from 329,000 tonnes but up 4.18% month-on-month from 311,000 tonnes to 324,000 tonnes in December 2019. The output for the full year 2019 stood slightly higher at 3.809 million tonnes, an increase of 0.93% from 3.774 million tonnes in 2018, according to the latest data showed by the International Aluminium Institute (IAI). South America produced 96,000 tonnes of primary aluminium in December, an increase of 4.35% from 92,000 tonnes in December 2018. On a month-on-month comparison, output increased by 1.05% from 95,000 tonnes in November. Primary aluminium production declined from 1.164 million tonnes in January-December 2018 to 1.079 million tonnes in January-December 2019. That was down 7.3% year-on-year.
The Canadian aluminium industry is in for a slump year as the demand for the metal is projected downswing. Mr Jean Simard, CEO and President, Aluminium Association of Canada communicated that global overproduction of the metal combined with a general economic slowdown around the world, and the probability of recessions would further affect the export of Canadian aluminium. The President said “We are at the end of a very long, probably the longest manufacturing cycle in our history. We had ten years of constant growth and demand in our economy. There is still growth in demand but it’s not at the same pace as it has been in the past ten years.” Mr Jean Simard’s was straight to put up a finger towards China’s rampant production of aluminium. He said “They produce 57 per cent of all the...
Aluminium wires, for having characteristics like electrical-conductivity, corrosion-resistance, lightweight, high-strength, and low cost to produce, are nowadays becoming increasingly popular for electrical wiring and in utility grid transmission and distribution networks. Through 2021, the global aluminium wire market is estimated to grow at a CAGR of almost 2 per cent. To support the demand, Bahrain has emerged as one of the world’s largest aluminium wire producers and exporters over the recent decades. Let us here see the country's trend of aluminium wire exports over the last few years and how it is likely to be in this ongoing year. According to the international export-import data, Bahrain in 2020 is likely to export 154,467 tonnes of aluminium wire, of which 34,226 tonnes to Egypt....
United States President, Donald Trump declared that tariffs on some imported aluminium products will rise from next month. Trump has issued a decree alleging that manufacturers from some countries are evading existing import tariffs by shipping derivative goods instead of raw metal. On 24 th January’20, the White House issued the declaration which hikes the duties on derivative aluminium by 10%. Countries like Argentina, Australia, Canada and Mexico are spared from the new aluminium tariffs. The declaration notes an unusual rise in imports of derivative aluminium since the initial round of tariff hike prompted 3 years ago by the Administration’s Section 232 investigation. Trump justified in the announcement: “The net effect of the increase of imports of these derivatives has been to erode...
Aluminium Stewardship Initiative (ASI) announced Merit Aluminum Inc. has become a new Production & Transformation member of the ASI. This brings the total number of members working toward a responsible aluminium value chain to 111. Merit Aluminum delivers high quality extrusions within customers’ requirements and on time. The company has three extrusion presses with 55,000, 000 lbs of annual capacity, state of the art automated handling equipment, a computer controlled Anodizing Line, and 2 state of the art Powder Coating Lines. “Merit Aluminum Inc. is committed to responsible environmental practices that protect our planet. Global warming is the existential threat to humanity. It is everyone’s responsibility to reduce their carbon footprint in their daily lives, and even more so for...
National Aluminium Company (NALCO) reportedly continued to increase its aluminium ingots prices by nearly 1 per cent for the second time in the week gone by. After the hike, the prices of ingots came in at INR153,950 per tonne to INR 157,450 per tonne, with effect from Tuesday, January 21. In the previous hike, with effect from January 17, NALCO’s aluminium ingots prices stood at INR 152,650 per tonne to INR 156,150 per tonne . <iframe width="550" height="300" src="https://www.youtube.com/embed/8jkh7f7-bTI" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> Like most aluminium producers, Nalco links its prices of aluminium products to the three-month futures of aluminium on London Metal Exchange, which are down over 1%...
Benchmark aluminium price on London Metal Exchange dropped 0.34 per cent to US$ 1775.5 per tonne on Friday, from US$ 1781.5 per tonne on Thursday. As on Friday January 24, LME aluminium cash (bid) price stands at US$ 1775 per tonne, LME official settlement price stands at US$ 1775.5 per tonne; 3-months bid price stands at US$ 1785 per tonne, 3-months offer price is US$ 1786 per tonne; Dec 20 bid price stands at US$ 1915 per tonne, and Dec 20 offer price stands at US$ 1920 per tonne. The LME aluminium opening stock dropped to 1260150 tonnes. Live Warrants totalled 732075 tonnes, and Cancelled Warrants were528075tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1792.15 per tonne. SHFE Aluminium Price Trend Shanghai Futures Exchange is closed for Chinese New Year...
The Australian Bauxite Ltd. is delighted to make public that Dr Mark Cooksey has been appointed as the General Manager of ALCORE Ltd. The appointment commences from 1 st February’20 for a 6-month engagement. Mark Cooksey appointed General Manager of Australian Bauxite Limited's 90%-owned subsidiary, Alcore. Dr Cooksey has been granted 6 months leave from CSIRO to assist Alcore to commercialise development of aluminium fluoride production. The joining of Dr Cooksey to Alcore backs with a majestic history in research, engineering and commercialising new developments in the Aluminium industry since 1997. Dr Mark Cooksey began his professional career as a Research Engineer in aluminium smelting with Comalco (now Rio Tinto Alcan) in 1997 and became senior research engineer in 2000 before...
The International Amsterdam Motor Show has published that the exclusive Minotto Barchetta will be on exhibit at the coming up event. It is the first time that Minotto Barchetta can be applauded by the general public. The Barchetta is Dutch inception and is compared with the iconic Ferrari F40, especially because of its amazing appearance and raw driving characteristics. The Minotto Barchetta is known to be a monster on the road. The builder, the Dutchman Hans Teijgeler, has only used the very best materials, by using carbon fiber and Aluminum, the car weighs less than 900 kilograms. From 0 to 100 km/h it can race up in 3 seconds. Hans's idea was to provide a beautiful classic car with modern technology. That combination also makes the Minotto so unique. The best of a classic appearance...
Australian exploration and mining company Metro Mining Limited said that its profit margin per wet metric tonne (wmt) decreased by 36 per cent in the fourth quarter ended on December 31, 2019. According to the company, increased shipping costs over the year by almost 70 per cent are responsible for its profit margin fall. Metro said the shipping costs were higher due to a strengthening ocean freight market. It explained, “There was increased demand and vessels started transitioning towards the use of higher cost, low sulphur fuel as part of new regulations.” The company’s quarterly performance report said the final shipment of the year experienced some issues relating to crane operation, which in turn led to a smaller monthly shipping average for December. In the entire 2019, the company...
