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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Dutch design studio Vripack and US builder Nordhavn have reportedly unveiled the concept of their first metal superyacht Nordhavn 148 at this year's Fort Lauderdale International Boat Show. Built with steel and aluminium, the 45.1-metre long Nordhavn 148 features a flared bow and square and round windows that lend a chic aesthetic beauty to the yacht. Nordhavn said the new model with 495 GT would “push the brand to go beyond prior engineering feats.” In builder’s words, Nordhavn 148 is a crossover yacht that brings together the commercial benefit and aesthetic charm. Vice president of Nordhavn’s Pacific Asian Enterprises division Jim Leishman said: “We’ve talked about building a larger boat for a while now. It would be something specifically meant for the most challenging worldwide...
Vedanta Ltd has hiked the prices of aluminium ingots by nearly 2% with effect from Saturday, trade sources told Cogencis. The company has hiked the prices of its products the second time in a week, and they are now at their highest level in six weeks. Vedanta has currently priced its ingots in the range of 141,250-154,250 rupees. Companies generally link the prices of their products to the three-month futures of aluminium on the London Metal Exchange, which are up nearly 4% so far in the current quarter, in line with the positive developments on the trade front between the US and China. Prices of aluminium fell in August and September. The aluminium vertical contributed around a third to Vedanta's consolidated sales in the June quarter. However, the operating loss for the segment widened...
Extending the rise in August, the United States exports of aluminium plates, sheets and bars to Canada came in at 31,100 tonnes, found the USGS data. In June 2019, the aluminium plates, sheets and bars exports by the US to Canada were at 27,300 tonnes, while that in July were at 30,200 tonnes, meaning the exports in August grew 15 per cent from June and 4 per cent from July. {newsStudioGallery} With this month-on-month growth, the United States exports to Canada in the first eight months pegged at 229,000 tonnes, compared with 198,000 tonnes in the first seven months and 168,000 tonnes in six months. After Canada, Mexico was the second largest destination of the US aluminium plates, sheets and bars exports in August, which secured 29,700 tonnes, down 6.3 per cent from 31,700 tonnes in...
The dollar increased after five straight days of losses. The dollar index, which tracks the greenback against a basket of other currencies, gained 0.34% and ended at 97.55. LME base metals closed higher for the most part with the SHFE complex trading mixed. LME aluminium rose 1.17%, and SHFE aluminium increased 0.40%. Three-month LME aluminium hit a six-week high of US$1,816 per tonne on short-covering amid supply concerns after Rio Tinto Ltd flagged that it may cut output or shut its aluminium smelter in New Zealand. LME aluminium is likely to trade at US$1,800-1,820 per tonne today. As on November 4, Monday, LME aluminium cash (bid) price stood at US$ 1786.50 per tonne, LME official settlement price stands at US$ 1787 per tonne; 3-months bid price stands at US$ 1781 per tonne, 3-months...
Sarawak’s decision to impose a 1 per cent sales tax on exported aluminium products from January 1 may end up hurting the earnings of Press Metal Aluminium Holdings Bhd in the future, estimates AmInvestment Bank, according to a report. Based on the estimates, the new tax is likely to cost Press Metal by RM64 million and RM89 million in FY20-21, eroding FY20-21 net profit by 6 to 8 per cent and lowering FV by about 7 per cent to RM3.54 (based on the same 18x earnings multiple). AmInvestment says Press Metal is currently seeking clarification from the state government on the new tax matter. Furthermore, according to AmInvestment, earnings outlook for aluminium smelters globally is cloudy due to weak aluminium price and high input costs, resulting in margin squeeze. Besides, the research...
The average spot alumina price declined by RMB 13 per tonne or 0.50 per cent on Tuesday, 05 November 2019, after remaining flat at RMB 2596 per tonne on 04 November. Alumina price in China stood at RMB 2583 per tonne. Graph Source: Shanghai Metals Market Alumina prices in East and North markets fell by RMB 20 per tonne each to stand at RMB 2605 per tonne and RMB 2580 per tonne. Their average prices are expected to range at RMB 2580- 2630 per tonne and RMB 2540-2620 per tonne. In Central market, the price was down by RMB 10 per tonne to RMB 2600 per tonne. The price in South remained unchanged at RMB 2520 per tonne. Alumina (imported) registered a drop of RMB 40 per tonne or 1.48 per cent on Tuesday. The price reduced from RMB 2700 per tonne to RMB 2660 per tonne. Aluminium alloy (ADC12)...
Dajcor Aluminum is finally broke ground on its plant in Perry County in the U.S. state of Kentucky on November 2. Dajcor Aluminum, a Canada based manufacturer and supplier of extruded, fabricated/machined and anodized aluminium components and assemblies for automotive, renewable energy, medical equipment, transportation and various other industries announced the investment in May 2019. "We are very excited to get this plant running and going and hopefully come March we will be pushing aluminium out of the plant," said Vice President of Operations for Dajcor Steven Everitt. The plant is likely to create more than 200 jobs in Perry County, which offers a ready workforce as well as excellent state-of-the-art fabrication training facilities. "This is a game-changer for the region. This is a...
Wheels India Ltd announced it will set up a cast aluminium wheel plant in Thervoy Kandigai, Chennai. The company will make an investment of INR140 crore. The new facility will start operations next year with an annual production capacity of 7.5 lakh wheels. Wheels India reported a net profit of INR28.67 crore for the second quarter ended September 30, 2019, up from INR22.67 crore in the corresponding period last year. Revenue decreased from INR805.28 crore to INR595.63 crore . Wheels India is a manufacturer of steel wheels for trucks, buses, passenger cars, utility vehicles, etc. The company has a combined overall annual capacity of 10.3 million tonnes. The company has a diversified customer base with over 40 customers. Srivats Ram, Managing Director, Wheels India Ltd., said, “While there...
After discussions with automakers, including the firms in Japan, the United States may not levy tariffs later this month on imported automobiles from the European Union and elsewhere, said Commerce Secretary Wilbur Ross. “We’ve had very good conversations with our European friends, with our Japanese friends, with our Korean friends, and those are the major auto producing sectors,” he said. He also said that if the negotiations over capital investment plans become fruitful with those countries then imposing the section 232 tariffs would not be required, neither partly nor fully. In May, the Trump Administration had agreed to delay new tariffs on imported vehicles and parts for six months as Washington was then engaged in negotiations with the European Union and Japan. In September, the US...
According to a Reuter’s report, Indonesia’s alumina producer PT Well Harvest Winning (WHW) exported 823,997 tonnes of smelter grade alumina in the first three quarters of 2019. This was communicated by company spokesman Suhandi Basri on Monday, November 4, 2019. China Hongqiao Group Ltd owns 56% stake in PT Well Harvest Winning, the largest producer of smelter grade alumina in Indonesia. The rest 44% is owned by Jakarta-based mining firm PT Cita Mineral Investindo (CITA) and two other Chinese companies. Basri added that WHW exported 913,832.8 tonnes of alumina for the full-year 2018. The company, which is in operation since January 2016 produced one million tonnes of alumina in 2018 and expects to cross one million production mark in 2019. The major part of WHW’s alumina exports this year...
Seamless Aluminium Group, a market leader for aluminium rainwater systems, is expanding its manufacturing unit in Ballyshannon over a 70,000 square feet plant. According to a report, it recently held the official opening of the extension, unveiling a commemorative plaque. The new plant features high tech production machinery including a state of the art, digitally controlled electrostatic powder coat paint line and pre-treatment plant, and an array of machinery to achieve the group’s main unique selling point – bespoke, unique and high-quality systems. Since when the company started in 1975 by Donal Kelly and his father Denis, Seamless Aluminium Group has been supplying aluminium gutters and concrete building products in the North West of Ireland. With time, it developed into a highly...
The drive to shift to more eco-friendly products is sweeping through the U.S. beverage market, with plastic being replaced with aluminium cans. Firms including Nestle and Unilever have announced plans of changing their packaging material from plastic to aluminium partially. While Coca-Cola announced changing it Dasani water brand into aluminium cans, PepsiCo announced selling its water brand Aquafina in cans. According to research firm Harbor Intelligence, demand for aluminium can sheet will grow about 3% to 5% a year through 2025 as aluminium cans gain further market share against plastic. Growth was almost flat for last 20 years and most of the rolling mills in the U.S. have already shut operations. Previously, U.S. producers were focusing on the auto industry and can manufacturers were...
The US exports of aluminium scrap stood at 165,000 tonnes in August 2019, up 8.55% month-on-month. Exports registered an increase after three straight months of decline. Aluminium scrap exports increased by 3.77% from 159,000 tonnes in June and 1.85% from 162,000 tonnes in May, according to the latest report from the US Geological Survey. The US exported 1.26 million tonnes of aluminium scrap in the first eight months of 2019. {newsStudioGallery} China, Malaysia, and India were the top three aluminium scrap importers from the US in August. The three countries together imported about 76,900 tonnes of scrap from the US. China imported 26,500 tonnes of aluminium scrap from the US in August, a decrease of 15.34% from 31,300 tonnes imported in July. China’s import from the US was down 16.67%...
Sarawak, a Malaysian state on Borneo, will reportedly levy a 1 per cent sales tax on its exported aluminium products from January 1, 2020. The news came after Sarawak’s Chief Minister Abang Johari Openg said this today while tabling the 2020 state budget. He also said that this new tax would bring an expected revenue of RM58 million. According to him, this tax is to aid the state’s efforts in maintaining momentum and keeping pace with development, especially for rural areas that require substantial funding. The tariff for the abstraction of raw water will also be revised from 1 sen per cubic metre to 2.5 sen per cubic metre. However, the tariff will only affect power and water providers in the state, said Openg. “The electricity and water charges to consumers for both industrial and...
According to a Reuters report, Malaysia will issue bauxite mining licenses to companies in December or January, which will allow the miners to resume activities after the ban in early 2016 over unregulated mining and water contamination. The news came after Xavier Jayakumar, Malaysia’s water, land and natural resources minister announced this in a parliament. Malaysia was once the biggest bauxite supplier to top aluminium producers in China. At the end of 2015, the bauxite shipments from the Southeast Asian country were about 3.5 million tonnes. The mining mostly used to take place near the east coast port city of Kuantan in Pahang state of Malaysia. Earlier this year, the Malaysian government had lifted the ban on mining, with a condition that the miners had to conduct an environmental...
The US dollar dropped on Friday after data showed a mixed view on the economy, and on the optimism that the United States and China will reach a deal to end their trade war soon. The dollar index, which tracks the greenback against a basket of other currencies, shed 0.1% and ended at 97.21. LME base metals rose across the board with the SHFE complex closing higher for the most part. LME aluminium advanced 1.7% and SHFE aluminium grew 0.7%. Better-than-expected data on US job growth lifted three-month LME aluminium above all moving averages to a high of US$1,790 per tonne. LME aluminium is expected to be hovering at US$1,750-1,790 per tonne today. As on November 1, Friday, LME aluminium cash (bid) price stood at US$ 1765 per tonne, LME official settlement price stands at US$ 1766 per...
Aluminium Bahrain (Alba) announced the addition of a state-of-the-art, custom-made Fire Truck to its existing fleet of emergency vehicles. The Fire Truck, which was designed and manufactured in the US, is equipped with new fire appliances and modern technology which will help the team to carry-out emergency operations more effectively. Alba’s Acting CEO Ali Al Baqali said: “While policies and procedures are key to maintaining Safety on the job, the right Safety equipment enables us to keep our people and plant safe. An ultramodern Fire Truck is not just the need-of-the-hour but a long-term investment to meet the current and future Safety demands of a production facility as big as Alba.” The inauguration ceremony was held in Alba on 21 October 2019. It was attended Alba’s Acting Chief...
On the further fall of primary aluminium inventories by 12,000 tonnes to 858,000 tonnes over the weekend, the price of A00 aluminium ingot has recorded a rise of RMB 60 per tonne to RMB 14,060 per tonne, found Shanghai Metals Market on November 4. This marks the second consecutive growth since the month began. SMM expects the average prices to range between 14,040 per tonne and RMB 14,080 per tonne, with spot contract to be traded at a premium price of RMB 50-90 per tonne. SMM data showed the primary aluminium inventories today fell comparatively at a slower pace. On last Monday, October 28, the inventories had declined by 23,000 tonnes over the weekend to come in at 859,000 tonnes. This further illustrates that week-on-week the inventories are down by 1,000 tonnes, as of November 4. The...
