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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Bosnia’s only operating aluminium smelter and one of the country’s biggest exporters Aluminij Mostar finally closed down its operations on Wednesday midnight after it was disconnected from the power grid. The smelter was under a huge debt of 380 million Bosnian marka (US$218 million) because of higher electricity and alumina costs. The smelter owed 280 million marka to the state power utility, EPHZHB, which stopped supplying power at a discounted price since June, agreed with the government last December. Since then, the smelter has been buying day-ahead electricity, which is more volatile than long-term power contracts. The shutdown on Wednesday followed a failed attempt to find a strategic investor for the company. London-listed miner and commodity trader Glencore backed out from a...
SIG, a leading systems and solutions provider for aseptic packaging, has entered into a partnership with B-Better®, a start-up brand from Unilever’s Future Platform, to launch aseptic cartons with ASI-certified aluminium foil. Martin Herrenbrück, SIG’s President & General Manager, Europe said: “SIG was the first in the industry to achieve certification to the ASI standard and we are delighted that the first cartons with ASI-certified aluminium foil will soon be hitting the supermarket shelves. ASI certification adds to the extensive portfolio of solutions we offer to help customers meet growing consumer demand for sustainable packaging.” The first market launch for SIG’s ASI-certified cartons will be in Belgium by the B-Better brand. SIG is promoting responsible sourcing throughout the...
Ulrich Schridde, a well-known metal industry expert joins Skyadvisory as Associate Partner. Schridde would strengthen Skyadvisory as strategist in the metal industry with immediate effect. “We are enthusiastic to welcome such a renowned metal expert like Ulrich in our team. His competence and experience are pivotal for creating significant value to our clients in the metal area,” says Dr. Carsten B. Henkel, Chairman & CEO of Skyadvisory. Ulrich Schridde has more than 37 years of experience in the metals industry. Since October 2015 he has served at Aludium as Director of Metal Management and was responsible for metal procurement and metal strategy. He also worked with Rusal as Director of Sales and was responsible for the European Business. He ventured into the aluminium and metal sector...
The US dollar continued to climb against its major rivals yesterday. Base metals ended mixed. LME aluminium climbed 0.89% and SHFE aluminium went flat. LME aluminium traded flat yesterday. Three-month LME aluminium registered slight gain during the day but outperformed most other base metals as it climbed to a high of US$1,820 per tonne last night and closed 0.89% higher on the day at US$1,820.5 per tonne. However, pressure above will cap its upside room and keep it between US$1,780-1,830 per tonne today. As on July 9, Tuesday, LME aluminium cash (bid) price stood at US$ 1782.50 per tonne, LME official settlement price stands at US$ 1783 per tonne; 3-months bid price stands at US$ 1802 per tonne, 3-months offer price is US$ 1803 per tonne; Dec 20 bid price stands at US$ 1908 per tonne,...
Average alumina prices in four major China markets have registered a drop on Wednesday, 10 July 2019. The average spot alumina price stands at RMB 2631 per tonne, down RMB 36 per tonne from the previous average alumina price. Alumina price in East China is hovering around RMB 2640 per tonne, down RMB 40 per tonne from its previous price. Alumina Central China stands at RMB 2630 per tonne, down RMB 40 per tonne from its earlier price. Alumina price in North China has declined by RMB 30 per tonne to stand at RMB 2630 per tonne, and Alumina South China is down RMB 40 per tonne at RMB 2635 per tonne as on July 10. A00 aluminium ingot price has edged higher by RMB 10 per tonne to stand at RMB 13720 per tonne. The price was RMB 13710 per tonne on Tuesday. The average price is expected to move...
On Saturday, July 6, Italian yard Baglietto launched its 55-metre motor yacht named Severin°s. It is the largest vessel ever built by Baglietto. Also known as hull No. 10225, the vessel reflects the yard’s traditional Italian style, along with the lowered gunwales and side air vents. Francesco Paszkowski Design has designed the interior of the yacht in collaboration with architect Margherita Casprini. Baglietto specialises in the construction of aluminium light alloy yachts ranging between 35 and 50 metres in length and steel and light aluminium alloy displacement yachts above 40 metres. Severin°s main deck is dedicated to family, with a spacious master suite and two guest cabins. On the lower deck, there are two additional guest cabins, cabins, with a crew mess room and six crew cabins...
The U.S. total imports of aluminium for consumption stood at 1.95 million tonnes in the first four months of 2019, 18 per cent less than 2.38 million tonnes in the first four months of 2018, according to the latest Mineral Industry Survey report from US Geological Survey. Imports of aluminium (crude metals and alloys, plate, sheets, bars, etc., and scrap) came in at 510,000 tonnes in April, representing a drop 9.57 per cent from last year. Canada continued to be the leading source of imported aluminium materials, supplying 39% of all aluminium imports during the first four months of 2019, followed by the United Arab Emirates (9%), Australia (6%), India (5%), and Russia (4%). Canada exported 754,000 tonnes of aluminium to U.S. in January-April 2019, from 1 million tonnes exported in...
AMAG Austria Metall AG has signed an agreement with Japan’s Marubeni-Itochu Steel Inc. and Marubeni Corporation on July 8, 2019, in Tokyo for sales expansion of AMAG rolled products in the global automotive industry. They agreed to invest their individual strength to gain a strong foothold for AMAG aluminium rolled products primarily in the Japanese market with further expansion plans in other regions. The agreement will merge the quality of the AMAG flat rolled products with the strong market presence and local distribution and service network of the Japanese contracting partner Marubeni. The merger will bring significant advantages for the customers in the Japanese automobile industry in relation to quality and delivery performance. The collaboration is expected to expand to other...
Oman’s National Aluminium Products Co. (Napco) announced in a missive to Muscat Securities Market that it appointed Raees Ahmed, a member of Institute of Cost and Management Accountants (ICMA) of Pakistan, as its chief financial officer. Besides being a member of ICMA Pakistan, Mr. Ahmed has 11 years of experience in the aluminium extrusion industry. Before joining Napco, he worked as a manager of accountants at Forland-Foton JW Auto Park, said Napco’s chief executive officer Ihab Mouallem. National Aluminium Products Co. was established in 1984 and is one of the leading extruders of aluminium profiles in the GCC market. Located in the Rusayl Industrial estate in the Sultanate of Oman, NAPCO offers a wide range of aluminium profile extrusions in finishes that suit functional modern design...
William Li, the founder and CEO of Nio, the EV startup in China is eying the European market for its EVs; he said this in an interview during the Shanghai auto show. He believes that Chinese automaker can break into the European market with the help of EVs. However, the company is very careful about expanding outside China as the company is new and has limited resources. Neo’s ES8 was launched in China in the premium car segment to give competition to the powerful and well-established German brands. To start with, Neo has a market share of more than 10 per cent in the domestic market and the company hopes to grow faster in the segment. The company has displayed its ET Preview concept sedan at the Shanghai auto show in April as a rival for Tesla Model 3. However, they have not declared...
China Passenger Car Association (CPCA) data shows that China’s new energy vehicle (NEV) sales in June recorded month-on-month growth by 38.7 per cent and year-on-year by 98.7 per cent to stand at 134,000 units. In the previous month as well, China’s new energy vehicle (NEV) sales had registered a year-on-year rise by 5.4 per cent to come in at 97,000 units. This had brought the total sales of new energy vehicles during January-May stood at 442,000 units, up 58 per cent from the same period last year. With the sales in June, China’s total sales of new energy vehicles during the first half of 2019 (January to June) stood at 577,000 units, with a year-on-year increase of 65.9 per cent. Data from CPCA also shows that China’s retail sales of passenger cars in June stood at 1.8 million units,...
According to the latest USGS release on Bauxite and Alumina in the First Quarter of 2019, imports of crude and dried bauxite by the U.S. in Q1 2019 were 748,000 tonnes, 14% less than the revised total of 873,000 tonnes in the fourth quarter of 2018. However the volume 7% more than the revised total of 698,000 tonnes in the first quarter of 2018. According to the revised US Geological Survey report, the US imported about 3.5 million tonnes of bauxite in 2018, slightly up from 2017. At this quarterly rate the total bauxite import for 2019 is likely to be around 3 million tonnes. Jamaica continued to be the largest bauxite exporter to the US in Q1 2019 contributing 498,000 tonnes or 67%of the total import. Brazil followed with 157,000 tonnes or 21% of the total. Export from both the...
The supermarket giant Sainsbury’s at its Braehead store in Glasgow is reportedly carrying out trials for its reverse vending recycling scheme, which allows customers to deposit plastic bottles of any size up to 3 litres and aluminium drink cans in a machine in exchange for a coupon worth £5 per item towards their shopping. With the beginning of this initiative, Sainsbury’s store in Glasgow will be the third in the UK to offer this service. Last month, two stores in Lincoln and Hull began offering the same service. Customers can deposit up to a total of 500 plastic bottles and aluminium drink cans per visit, which means they can save up to £25 on shopping. In this regard, Judith Batchelar, director of Sainsbury’s Brand, said: "We're delighted to offer a new way to help our customers...
Cafeahaus AG has launched Goldbrew, the ready-to-drink (RTD), cold brew coffee range in the German market. The products are packaged in Ardagh’s 250ml slim cans and are a first in the German market. Goldbrew is available in ‘Goldbrew ginger & lemon’ and ‘Goldbrew grapefruit & lemon’ flavours. Goldbrew cold brew coffee is made from 100 percent sustainable Arabica coffee beans. Cafeahaus AG is a wholly-owned subsidiary of DEK Berlin which produces liquid coffee extracts and cold brew coffee concentrate for industrial customers. Cafeahaus has also launched a nitro original cold brew coffee in Ardagh’s unique Nitro Can. Nitro coffee is a cold brewed beverage that's steeped for longer than its hot water counterpart to give it a richer taste. Adriana Escobar, Product Manager at Ardagh Group’s...
The US dollar held on to gains from last Friday, hovering at a three-week high, as investors continued to reappraise the Federal Reserve interest rate outlook in the wake of last week's nonfarm payrolls report. Base metals traded mixed. LME aluminium closed flat and SHFE aluminium gained 0.11%. While aluminium cash contract gained over the day, three months aluminium fell yesterday driven by dropping confidence in longs. Over the night, three-month LME aluminium fell to a low of US$1,796 per tonne after it unsuccessfully tested pressure from US$1,810 per tonne. It ended flat overnight at US$1,804.5 per tonne, and may hover between US$1,780-1,850 per tonne with limited upward momentum today. As on July 8, Monday, LME aluminium cash (bid) price stood at US$ 1782.50 per tonne, LME official...
According to a recent report, South32 Worsley Alumina has submitted a revised proposal to the Environmental Protection Authority (EPA) stating its wish to expand Worsley bauxite mine in the South West of Australia. In the revised proposal, the Australian mining company has also mentioned that the expansion of the bauxite mine would require two river crossings over the Hotham River and involve clearing up to 7119.5 hectares of native vegetation. The updated proposal also includes the development of a contingency mining area and maintenance work at the refinery, as well as the development of associated mine and support infrastructure. The Environmental Protection Authority has kept the proposal open for masses’ suggestions and advice whether the proposal should be assessed and at what...
The average spot alumina price recorded a decline of RMB 56 per tonne or 2.06 per cent on Tuesday, 09 July 2019, after remaining flat on June 8. Alumina price stood at RMB 2667 per tonne, from RMB 2723 per tonne. Alumina price in East and Central registered a drop of RMB 50 per tonne each to stand at RMB 2680 per tonne and RMB 2670 per tonne. Their average price is expected to range at RMB2660- 2700 per tonne and RMB2660- 2680 per tonne. Alumina price North and South came in at RMB 2660 per tonne and RMB 2675 per tonne, down RMB 60 per tonne each. Their average price is expected to range at RMB2640- 2680 per tonne and RMB2620- 2730 per tonne. Australian alumina FOB price dropped USD 2 per tonne to stand at USD 312 per tonne, as of July 9. The price was USD 314 per tonne on Monday, July 8....
Dutch shipbuilding company Heesen Yachts has recently unveiled 49.8-metre long luxury yacht Boreas at its own shipyard in Oss. The vessel, based on the Nova Plus platform, is comprised of an aluminium fast displacement hull developed by Van Oossanen Naval Architects and an aluminium superstructure. Boreas has an accommodation capacity for 12 guests split between six staterooms, including a main deck owner’s suite and five further guest cabins below decks, and has crew quarters for up to 9 staffs. Boreas will remain at the yard for commissioning before departing to Hellevoetsluis for sea trials. She will be delivered to her owner next month. According to the report, the owner worked closely with Mark Whiteley Design to create a contemporary and inviting interior. RH400 and Aquarius by...
