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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As updated by Shanghai Metals Market, inventories of aluminium billet fell for the 12th consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China shrank by 700 tonnes from Thursday December 26 to stand at 49,900 tonnes as of Thursday January 2, after dipping 1,700 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, Changzhou and Huzhou stood at 19,000 tonnes, 4,800 tonnes and 11,000 tonnes on Thursday, 02 January 2020, up 2,100 tonnes, 800 tonnes and 1,000 tonnes from December 26. But the stocks of aluminium billet in Wuxi and Nanchang reduced 3,700 tonnes and 900 tonnes to stand at 12,100 tonnes and 3,000 tonnes. The aluminium...
Canyon has been initiating a strong position over significant high-grade bauxite resources in Cameroon in recent years. Canyon Resources Ltd freshly published a scoping study supporting a simple and successful mining operation in two junctures at its Minim Martap Bauxite Project in Cameroon. Stage one is presumed to be a self-supporting bauxite mining operation with an ordinary, low cost and fast track path to market by using the preceding railway and port infrastructure. The second stage is expected to unbolt higher export volumes and lower operating costs via the fixture of the Kribi railway extension which authorizes access to a deep-water port. Guinea is considered as powerhouse country in the seaborne bauxite trade, delivering more than 50% of the work supplies and much of this is...
The social inventories of primary aluminium in China usher the year 2020 with a growth of 18,000 tonnes over the week, indicating a potential end to the continued inventory downtrend since March 2019. Thus, the stocks across eight major consumption areas, including SHFE warrants, as of today, January 2, have come in at 610,000 tonnes, in compare to 592,000 tonnes on last Thursday, December 26, after declining by 12,000 tonnes week-on-week. As can be seen in the above chart that except in the two major cities, the inventories have increased in the rest of the cities, such as Shanghai, Nanhai, Gongyi, Hangzhou, and Linyi, where the inventories have climbed up by 2,000 tonnes, 19,000 tonnes, and 1,000 tonnes, respectively, to stand at 114,000 tonnes, 128,000 tonnes, 55,000 tonnes, 53,000...
The US dollar dipped to a near three-week low against the yen in thin year-end trades on Tuesday. The dollar index, which tracks the greenback against a basket of other currencies, finished slightly up at 96.51. LME base metals mostly fell while the SHFE complex traded on a mixed note on Tuesday. LME aluminium fell more than 1% and SHFE aluminium gained 0.1%. LME aluminium closed Tuesday’s trading at US$ 1800 per tonne, further up from Monday, December 30. The exchange was closed on January 1 for New Year’s Day holiday. Three-month LME aluminium hovered in a tight band around US$1,820 per tonne, with a high of US$1,830 per tonne, before it pared some gains to hit nearly a week-low and closed at US$1,803 per tonne. LME aluminium is likely to hover at US$1,800-1,840 per tonne today. SHFE...
Apple has been frequently launching the Red models of iPhone nearly every year and has been donating a portion of the sales amount to The Global Fund to Fight AIDS, Tuberculosis and Malaria. Apart from iPhones, there has been RED version of the iPad as well. But now the range is expanding further with the Apple watch model joining the team of RED. It has been categorically mentioned that these new models could be the RED versions of the preceding watch series 5 and may launch in 2020. Presently Apple’s watch series 5 comes in three colour models for the Aluminium case variant – Gold, Silver and Space Gray and now the product RED version will add up as the fourth variant.
The members of the All India Kisan Sangh (AIKMS) and Progressive Organization of Women (POW) have urged the Government to take back the land allotted to Jindal South West Aluminium in S Kota Mandal in Vizianagaram district for Bauxite mining. Numerous people’s organization demanded the government to take the lands, as the bauxite mining on this land is already cancelled by the government itself. Under the cultivation of the Adivasi, Dalit and Bahujan farmers in Kiltampalem, Mulaboddvara and Mushidipalli panchayats in S Kota Mandal the government has taken over the land. The government has cancelled the mining GO and allotment of bauxite blocks to the Jindal group also stands cancelled, communicated by M Venkateswar, Vice-President of International Federation of Trade Unions (IFTU).
The government’s manifesto to waive a clean energy cess levied on coal is anticipated to bring down production costs for aluminium and steel producers who use it as a fuel mix. The proposal, which focuses to enhance the financial health of power utilities and distribution companies, was put ahead by the Prime Minister Narendra Modi’s office. Presently, a cess of INR 400 per tonne is levied on imports and production of coal. This progress will comfort the aluminium and steel industry as it would bring down the production cost of aluminium and steel by INR 4,000-5,000 and INR 400-500 per tonne, respectively. Coal is used by captive power plants in the smelting process for producing aluminium. National Aluminium Co. Ltd., Hindalco Industries Ltd. and Vedanta Ltd. are probably to benefit from...
China’s aluminium scrap imports from the US have been declining over the past few months this year and September was of no exception, as found by the United States Geological Survey. According to the survey data, China in September imported 19,600 tonnes, down by 26.03 per cent from 26,500 tonnes in August. In July, China’s import volume from the US was 31,300 tonnes, which represents the fact that the import in August inched down by 15.33 per cent. In July, the import volume decreased by 1.57 per cent from 31,800 tonnes in June. In total, China’s aluminium scrap imports from the US during June-September amounted to 109,200 tonnes, while that in the total nine months amounted to 300,000 tonnes. Year-on-year, China’s aluminium scrap imports from the United States in September 2019 was down...
The Orissa High Court has directed the Secretary of State Mines department to consider and persuade within six weeks, the representation filed by Kodingamali Surakshya Manch to stop illegal mining from Kodingamali bauxite mines in Laxmipur area of Koraput district. The division bench of Chief Justice KS Jhaveri and Justice KR Mohapatra issued the direction while disposing of a PIL filed by Kodingamali Surakshya Manch on August 7 th , 2018 by President Pradeep Kumar Bagh. The court expected the Secretary of the department to consider and dispose of the representation which Bagh had filed on April 19, 2018. When it yielded no result, Bagh had turned to the High Court. Bagh had sought a probe by the State CID-Crime Branch or CBI into illegal excavation and transportation from the bauxite...
Alumex, Sri Lanka's leading fully integrated manufacturer of aluminium profiles, has won top honours by two of the most notable corporate awarding bodies in the region. The company has received the Silver Award in the Manufacturing Companies with a turnover above INR 5 billion category at CA Sri Lanka's 55th Annual Report Awards. Alumex has also won the Certificate of Merit in the Manufacturing Sector at the South Asian Federation of Accountants (SAFA) Best Presented Annual Report Awards, Integrated Reporting Awards & SAARC Anniversary Awards for Corporate Governance Disclosures Competition. Pramuk Dediwela, Managing Director at Alumex, said: “We accept these awards with great honour, as they serve as a testament to our unyielding commitment towards creating value for all our stakeholders...
The Chinese tech giant Xiaomi has recently unveiled the second-generation 87-key Yuemi mechanical board featuring aluminium alloy body. It comes with a price tag of RMB 299 price tag ($42). The first generation of Yuemi mechanical board launched in October 2016 had also come with 87 keys and price tag RMB 299. In the second generation, the 87 keycaps are made with a dual colour design made from TTC red shaft and ABS materials. The keyboard, retaining the dimensions at 35358mm x 128mm x 31.6mm and weighing 940g, has a six layer design and the body made of H32 aluminium alloy steel with an excellent finish and offers more wear resistance. The second-generation Yuemi mechanical board also comes with four different levels of LED backlight. It has a built-in 32-bit ARM main control chip,...
Noranda Bauxite has secured an agreement with the University & Allied Workers Union (UAWU) on a new labour contract that governs the terms and conditions of employment for UAWU members through April 30, 2023. The agreement with UAWU reached pinnacle for the conclusion of all of Noranda Bauxite’s Union contracts, with the company having outstretched agreements earlier in 2019 with the Bustamente Industrial Trade Union (BITU) through December 31, 2021, and with the Union of Technical, Administrative and Supervisory Personnel (UTASP) through December 31, 2022. “Our workforce is the backbone of our operations here in Jamaica,” said Delroy Dell, Noranda Bauxite’s General Manager. “The negotiations were tough but fair, and we are proud to work cooperatively with these Unions to strengthen our...
Benchmark aluminium price on London Metal Exchange increased 0.5 per cent to US$ 1800 per tonne on Tuesday, December 31, from US$ 1791 per tonne on Monday. As on December 31, Tuesday, LME aluminium cash (bid) price stood at US$ 1799.50 per tonne, LME official settlement price stands at US$ 1800 per tonne; 3-months bid price stands at US$ 1829 per tonne, 3-months offer price is US$ 1830 per tonne; Dec 20 bid price stands at US$ 1885 per tonne, and Dec 20 offer price stands at US$ 1890 per tonne. LME aluminium 3-months Asian Reference Price is hovering at US$ 1822.50 per tonne. SHFE Aluminium Price Trend The most traded SHFE 2002 contract closed higher at RMB14,110 per tonne. Investors added short positions on the 2003, 2004 and 2005 contracts, leading to a backwardation structure on SHFE...
Vedanta Resources Ltd published their interim results FY 2020. There is a 5% decrease in revenue which accounted to $ 6.1 billion (H1 FY2019: $ 6.5 billion), mainly operated by lower commodity prices, partially offset by auxiliary volumes from the onset of Gamsberg operations and higher sales at Iron Ore Karnataka & Electrosteel. EBITDA at US$ 1.4 billion, down 19% YoY (H1 FY2019: US$ 1.7 billion) Operating profit before special items at US$ 0.7 billion, down 35% YoY (H1 FY2019: US$ 1.1 billion) mainly driven by lower commodity price environment and higher depreciation charge partially offset by higher volumes, softening of input commodity prices and favourable currency movement. The adjusted EBITDA margin of 26% (H1 FY2019: 30%) ROCE at 9.4% in H1 FY2020 (H1 FY2019: 13.8%) Impairment of...
According to a Reuters report, Mexico announced that it would impose countervailing duties on imported aluminium foil from China. The government would levy duties on imports that cost below $3.4817 per kilogram, Mexico’s economy ministry said after an anti-dumping investigation. The countervailing duty would be $0.17968 per kilo for Hangzhou Five Star Aluminium Co, Ltd, $0.6588 per kilo for Jiangsu Zhongji Lamination Materials Co, Ltd and $1.1634 per kilo for Boxing Ruifeng Aluminium Co, Ltd and other exporters. Mexico on Thursday said it had concluded a separate anti-dumping investigation on Chinese aluminium pressure cookers and had resolved to impose a duty of 92.64% on such imports. In May, the Mexican government had imposed a provisional anti-dumping duty on aluminium foil coils...
After a drop in August 2019, the United States aluminium plates, sheets and bars imports from Canada were found rebounded in September by about 8.28 per cent to 18,300 tonnes, according to the United States Geological Survey data. In August, the import amount was 16,900 tonnes after declining by 6.11 per cent from 18,000 tonnes in July. But since in June, the country had imported 16,500 tonnes of aluminium plates, sheets and bars from Canada, the import volume in July was a gain of 9.09 per cent. In the entire four months during June-September, the United States aluminium plates, sheets and bars imports from Canada totalled at 69,700 tonnes, while its imports from Canada in the entire year up until September amounted to 146,000 tonnes. In the first nine months of 2018, US imports from...
ClearVue Technologies Limited has signed an OEM Manufacturing Agreement with Jiangsu YY Windows & Curtain Wall System Co., Ltd. Jiangsu YY Windows & Curtain Wall System will become an OEM manufacturer and seller for ClearVue products and components. ClearVue Executive Chairman Victor Rosenberg said: “YY Windows and Curtain Wall Systems operates a new RMB 360 million state-of-the-art production and fabrication facility with a total production floor area of over 40,000 sqm in Jiangsu near the port of Shanghai. “The addition of YY Windows to our growing list of suppliers’ firms up our ability to meet mounting demand for the ClearVue product both locally and internationally. Having several OEMs on board also allows us to supply the ClearVue products directly ourselves into such World markets...
The e-commerce giant is offering the Razer Kraken wired gaming bauxite aluminium framed headset of 2019 edition in black and green with a price around $ 50, which used to be $ 80 direct from Razer, a straight drop over 37%. The latest version of the Kraken headset, Razer is embedded with plenty of magnifications. In terms of actual build quality, the aluminium frame has been harmonized by new ear cushions with memory foam and a cooling gel layer. A 7.1-channel surrounds sound system with an extensive soundscape than earlier. Also, to corroborate teammates can distinctly hear in competitive play as Razer’s headset sports a cardioid microphone. Since its inception, the Razer Kraken has augmented a reputation of a crazy classic fashion within the gaming community. It made its mark as...
