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 the data from the United States Geological Survey, Canada’s aluminium scrap exports to the US in August stood at 31,000 tonnes, second-lowest since the year began. In February, the country’s scrap exports to the US were at 28,200 tonnes, which were the lowest so far after inching down from 31,800 tonnes in January, meaning the volume declined by 11.32 per cent. {newsStudioGallery} The USGS data also revealed that followed by the decline in February, Canada’s aluminium exports to the US began to rise and continued until May. In March the country’s exports were at 31,700 tonnes, while that in April and May were at 32,700 tonnes and 34,100 tonnes. This represents that the export volume grew by 12.41 per cent in March, 3.15 per cent in April, and 4.28 per cent in May. As the...
Showa Denko on Wednesday reported consolidated net sales of ¥695,575 million in the first three quarters of 2019, a drop of 4.1% from the same period of the previous year. In the aluminium segment, sales declined by 9.1% YoY in January-September 2019. The Group’s operating income stood at ¥109,313 million, reflecting a year-on-year increase of 18.7%. Net income attributable to owners of the parent was ¥80,963 million in the first three quarters of 2019, down 18.4% from the same period of the previous year. Sales in the aluminium dropped to ¥73,698 million in the first nine months of 2019, compared to ¥81,060 million in the first nine months of 2018. That was down ¥7,362 million YoY. Operating income of the aluminium segment decreased by 64.8%, to ¥1,424 million. Operating income was...
Aluminium Stewardship Initiative has certified multiple Amcor flexible packaging facilities against ASI Performance Standard. Amcor achieved ASI Performance Standard – Material Stewardship Certifications for its two facilities in France and one in Germany – that produce flexible packaging. Amcor Flexible’s Rorschach site in Switzerland has achieved complete ASI Performance Standard Certification. The company’s operations in Singen, Germany are already certified against the ASI Performance Standard and Chain of Custody Standard. Aluminium Stewardship Initiative announced that Amcor’s facilities in Teningen Tscheulin-Rothal (Germany), Sarrebourg and De Froges (France) have been certified for responsible production, sourcing and stewardship of aluminium with a focus on material stewardship....
The US dollar went flat on Wednesday with the market in consolidation mode, as investors sought more clarity about ongoing US-China trade negotiations. The dollar index, which tracks the greenback against a basket of other currencies, ended flat on the day at 97.95. LME base metals and the SHFE complex mostly extended their decline. LME aluminium fell 0.25% and SHFE aluminium declined 0.04%. LME aluminium traded higher over the day but lost gains overnight. Three-month LME aluminium lacked continuous upward momentum, ending lower on the day at US$1,803 per tonne. Three months LME aluminium is likely to trade at US$1,790-1,810 per tonne today. As on November 6, Wednesday, LME aluminium cash (bid) price stood at US$ 1817 per tonne, LME official settlement price stands at US$ 1817.50per...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 853,000 tonnes as of Thursday November 7, down by 17,000 tonnes from a week ago on limited arrivals. The current status of primary aluminium inventories across China is given in the chart below: A00 aluminium ingot price increased by RMB 10 per tonne to stand at RMB 14110 per tonne on Thursday, 07 November 2019, after a drop of RMB 30 per tonne yesterday. The price is expected to move within a range of RMB 14090-14130 per tonne. Spot aluminium price is likely to be traded at a discount of RMB 20 to a premium of RMB 20 per tonne. Source: Shanghai Metals Market Aluminium ingot price in Foshan was up by RMB 20 per tonne to stand at RMB 14020...
As per the plan, Southlanders have reportedly launched a petition as part of the fight for saving the Tiwai Aluminium Smelter and getting a fair operating environment. According to the report, the Southland Chamber of Commerce launched the online petition at 4 pm on Wednesday and already received 736 signatures. Chamber chief executive Sheree Carey said the petition was one of the ways to make the government aware of the frustration and anger of the Southlanders about uncompetitive power costs of nearly $200 million charged over the smelter in the last 10 years, resulting in weighing down the smelter. The Tiwai Aluminium Smelter was a producer of the highest purity and lowest carbon aluminium in the world, accounting for 6.5 per cent of Southland’s GDP and export revenue of around $1...
Novelis Inc., the world leader in aluminium rolling and recycling, released second quarter of fiscal 2020 results. The company reported net income of $123 million in Q2 FY2020, compared to $116 million in the prior year period. That was up 6% year-on-year. Excluding tax-effected special items, net income stood at $160 million, up 31% YoY on higher Adjusted EBITDA and a lower effective tax rate. Adjusted EBITDA was $374 million in the second quarter of fiscal 2020, an increase of 5% year-on-year, primarily driven by higher shipments as well as favourable price and product mix. Results were partially offset by less favourable recycling benefits due to lower aluminium prices. Net sales decreased 9% to $2.9 billion in Q2 FY2020, driven by lower average LME aluminium prices and local market...
Andy Home, a Senior Metals Columnist at Thomson Reuters, said at the SMM London Metal Exchange Week 2019 that China’s aluminium production would likely grow significantly in 2020, indicating a potential jump in exports in anticipation of relatively moderate growth in domestic demand. SMM research found Sichuan Guangyuan Zhongfu was planning to start a new capacity of 250,000 tonnes per year this month, while Yunnan Shenhuo would put its 150,000 tonnes per year capacity into operation. The output from Mengtai which was commissioned in the second half of October was available in the markets, while it was heard that Xinfa would resume part of its capacity in November. Home further said that considering the expectations of greater supply, the downside in aluminium prices would be expectedly...
Century Aluminum, a leading primary aluminium producer with facilities in the United States and Iceland has reported results for Third Quarter 2019 Financial Results. The company reported aluminium shipments of 198,543 tonnes, a 2% drop quarter-on-quarter due to lower than expected production at Hawesville. Net sales stood at US$438.0 million, a 7% drop QoQ primarily due to lower LME prices. Net loss stood at US$20.7 million and adjusted net loss stood at US$37.4 million. The company reported Adjusted EBITDA of US$(12.2) million primarily due to low LME prices and lagged high alumina prices. Third quarter results were positively impacted by $16.7 million of exceptional items driven by lower cost and other adjustments. Century's cash position at quarter end was $22.5 million. “We have seen...
Aluminium Bahrain (Alba), in line with its philosophy of developing and training its employees, has teamed up with Bahrain Training Institute (BTI), one of the leading educational institutes, for customised-training programmes. A signing ceremony between Alba’s Acting Chief Executive Officer Ali Al Baqali and BTI’s Director General Dr. Samah Al-Ajjawi was held on 22 October 2019. The BTI programmes, focussed on Mechanical and Electrical/Electronic Engineering discipline, have been custom-made to suit the company’s requirements. The programmes will further improve national employees’ technical knowledge and skills. Alba signed an agreement with BTI to develop Bahraini employees through Extended Diploma and Higher National programmes. Alba’s Acting CEO Ali Al Baqali said: “As we prepare...
Arconic, in the third quarter results, revealed that its revenue grew 1 per cent year-on-year to stand at $3.6 billion, while the net income dropped from $161 million, or $0.32 per share, in the third quarter of 2018 to $95 million, or $0.21 per share in Q3 2019. The operating income also inched down from $345 million in Q3 2018 to $326 million in Q3 2019. Operating income excluding special items was $475 million, up 36% year over year, due to favourable product pricing, higher volume, favourable aluminium prices, and net cost reductions more than offset operational challenges in the aluminium extrusions business and unfavourable product mix. Cash balance, as of the third quarter of the year, was at $1.3 billion, according to the company’s report. Arconic Chairman and Chief Executive...
The US imports of aluminium semi-finished products (plates, sheets, bars, etc.) stood at 115,000 tonnes in August, a decrease of 1.71% from 117,000 tonnes in July. Semi-finished imports declined for a fifth straight month in August. Imports fell by 12.21% or 16,000 tonnes from June’s imports of 131,000 tonnes,14.81% or 20,000 tonnes from May’s imports of 135,000 tonnes and 19.58% or 28,000 tonnes from April's imports of 143,000 tonnes. {newsStudioGallery} Imports of aluminium semi-finished products totalled 1 million tonnes in the first eight months of 2019, as updated by the US Census Bureau. The US imported 235,000 tonnes of total aluminium including scrap in August, a decrease of 9.62% from 260,000 tonnes imported in July. Import was down by 53% or 265,000 tonnes from June and 50.84%...
Aleris Corporation, a leading aluminum rolled products manufacturer reported positive results for the third quarter and nine months ended September 30, 2019 on November 5. The company reported a net income of US$25 million in Q3 2019 compared to net loss of US$26 million in Q3 2018. The company also reported record Adjusted EBITDA of US$115 million compared to US$77 million in Q3 2018. Global aerospace volumes increased on strong demand and growth and global automotive volumes were up on higher North America demand. Europe automotive volumes were negatively impacted by softer regional demand. Business was positively impacted by favourable metal environment, improved rolling margins and higher scrap availability in North America. A stronger US dollar also favourably impacted Adjusted...
Metro Mining Limited, in its monthly performance report, revealed that its bauxite shipments at Bauxite Hills Mine during October came in at 504,000 wet metric tonnes (WMT), marking the strongest monthly performance since operations began in April last year. Compared with 497,000 tonnes in September, the shipments in October stood higher by 1.4 per cent. Good weather conditions and seasonal high tides with loading rates maintained above 16,000 tonnes per day could be the primary reason for this robust level of shipments last month. The mining volume in October came in at 479,000 tonnes, which was, however, down by 4 per cent from 501,000 tonnes in September . The mining per day stood at 15,452 tonnes, again down by 7.4 per cent from 16,696 tonnes month-on-month. Up until October 31, the...
The US dollar rose on Tuesday, lifted by optimism that a US-China trade deal may be near. The dollar index, which tracks the greenback against a basket of other currencies, gained 0.4% and ended at 97.95. LME base metals and the SHFE complex mostly fell. LME aluminium dropped 0.14% and SHFE aluminium lost 0.11%. LME aluminium closed Tuesday’s trading at US$ 1813.50 per tonne, up 1.48% from Monday. Three-month LME aluminium moderated after sharp increases during the previous sessions, ending at US$1,807.5 per tonne. LME aluminium is likely to trade at US$1790-1810 per tonne. As on November 5, Tuesday, LME aluminium cash (bid) price stood at US$ 1813 per tonne, LME official settlement price stands at US$ 1813.50 per tonne; 3-months bid price stands at US$ 1810.50 per tonne, 3-months offer...
After the three consecutive rises, the A00 aluminium ingot price has inched down today, on November 6, by RMB 30 per tonne to RMB 14,100 per tonne, marking the first decline this month, found Shanghai Metals Market. The SMM data shows that average prices are expected to range between RMB 14,080 per tonne and RMB 14,120 per tonne, with spot contract to be traded a premium price of RMB 40-80 per tonne. As the decline in A00 aluminium ingot price has touched upon almost all the major markets, except Linyi, the price in Hangzhou, Chongqing, and Gongyi has dropped by RMB 25 per tonne to RMB 14,095 per tonne, RMB 14,065 per tonne, and RMB 13,965 per tonne, respectively. In Wuxi, Foshan, Shenyang, and Tianjin, the price has dwindled by RMB 20 per tonne and RMB 10 per tonne to hover at RMB 14,100...
Xiaomi, on Tuesday, November 5, has reportedly unveiled its first smartwatch, dubbed as Mi Watch, alongside the new Mi CC9 Pro and Mi TV 5 series at an event in Beijing. Featuring a 1.78 inch AMOLED display, the watch looks very similar to the Apple Watch. It comes with a 44mm dial and sports aluminium alloy frame with a matte finish, besides featuring a ceramic back cover, curved Gorilla Glass 3 protection on the front, and rubber strap. According to Xiaomi, Mi Watch is priced at CNY 1,299 (roughly INR 13,000), whereas the premium variant will retail at CNY 1,999 (roughly INR 20,000). The sale of the watch will start from November 11 in China, while nothing is known yet about the launch of the product outside China. The Mi Watch is powered by Qualcomm Snapdragon Wear 3100 SoC and...
aluplast, one of the world’s leading developers and extruders of premium quality PVC-U window and door products, will display its latest products range at Fensterbau Frontale. The 2020 edition of Fensterbau Frontale will be held from 18 to 21 March in Nuremberg, Germany. The company will also showcase a new range of aluminium-effect foils, designed to allow installers to accurately match aluminium systems in an energy efficient PVC-U product, aluplast said. “Fensterbau is a truly global event and we’d encourage fabricators and installers to be part of it and come to the aluplast stand and see first-hand how continuing and industry–leading product innovation is delivering new opportunity and already supporting our customers’ growth at home in the UK”, said Ian Cocken, Director of Sales and...
