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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The United Kingdom-based leading full building envelope specialist FK Group has reportedly acquired architectural aluminium manufacturer Premo Fabrications. Fk Group and premo Fabrications have worked together for many years on many prestigious projects and have shared visions. FK Group believes that this acquisition will bring in a positive impact to the company’s business, which already has a turnover in excess of £100 million. FK Group in the financial year ended on March 31, 2019 recorded a turnover of £107 million generating a pre-tax profit of £2.5 million. This year looks positive as well, with £80m already contracted and another £20m in the order book for 2020/2021. Chief Executive Francis Keenan said, “Our pipeline for 2019/2020 is solid with over £80m worth of projects secured,...
To commemorate the World’s Environment Day, Vedanta Aluminium, Lanjigarh unit, is celebrating the World Environment Week from June 5 to June 12. Keeping the theme of the year in mind – ‘Tackling Air Pollution’, the company is organising mass plantation drives, sapling distribution and other competitions to ensure mass education on preserving air quality. Vedanta employees, their family members, associate partners and local community members are taking active participation in the event. The mass plantation drive was held on the day of World’s Environment Day, initiated and driven by the employees of Vedanta, along with the medical staff of Vedanta Hospital to the surrounding villages. At the massive sapling distribution ceremony, a total of 1,800 saplings were planted and distributed with...
The global bauxite mining market is estimated to have been valued at US$ 12,423.8 million in 2018 and is projected to grow at a value CAGR of 6.6% and reach a value of US$ 20,661.9 million by the end of 2026. Moreover, the global market is anticipated to create total incremental dollar opportunity of US$ 8,238.1 million between 2018 & 2026. With the global bauxite mining market enhancement, France’s import of the aluminium ore is estimated to grow this year, according to the global export-import market. In 2019, France is likely to import around 1.6 million tonnes of bauxite, up 10.34 per cent from 1.45 million tonnes in 2018. The import amount last year had remained almost flat compared to 2017 when France had imported around 1.48 million tonnes of bauxite. In 2016, France’s bauxite...
Benchmark aluminium price on London Metal Exchange declined 1.33 per cent from the previous day and closed at US$ 1742.50 per tonne on Thursday, June 6, 2019. As on June 6, Thursday, LME aluminium cash (bid) price stood at US$ 1742 per tonne, LME official settlement price stands at US$ 1742.50 per tonne; 3-months bid price stands at US$ 1773.50 per tonne, 3-months offer price is US$ 1774 per tonne; Dec 20 bid price stands at US$ 1890 per tonne, and Dec 20 offer price stands at US$ 1895 per tonne. The LME aluminium opening stock dropped to 1114125 tonnes. Live Warrants totalled at 708825 tonnes, and Cancelled Warrants were 405300 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1767.46 per tonne. SME and SHFE Aluminium Price Trend China market is closed on Friday, 07...
Hindalco Industries Ltd. has cut the prices of aluminium products by nearly 2% with effect from Wednesday, trade sources told Cogencis. With this price cut, rates of the company's products have slipped to a multi-month low. The rates are down more than 7% compared to the previous quarter. The three-month futures of aluminium on the London Metal Exchange, to which the company generally links prices, is also down 7% in the same period. Hindalco's aluminium operations, excluding those of US-based subsidiary Novelis Inc, generally account for nearly half of the company's sales and 70% of its operating profit. At 1128 IST, shares of Hindalco Industries were down nearly 1% at 196.10 rupees on the National Stock Exchange.
According to the latest figures from the European Aluminium Foil Association (EAFA) aluminium foil deliveries from European rollers dropped in the first quarter of 2019. The drop is attributed to the reduced stock levels in the domestic market by consumers and converters. The total volume dropped 1.2% YoY to 239,400 tonnes from 242,300t tonnes in Q1 2018 leading to a 4% drop in home deliveries. A number of countries registered strong performance in exports in limited product categories, achieving 16% growth year-over-year. Shipments of thinner gauge foils used for flexible packaging and household foils declined 4.3%, while thicker gauges, used for semi-rigid containers and technical applications, rose by 4.5%. Thicker gauge continues the upward trend started at the end of 2018. Analysing...
Rusal, one of the largest aluminium producers in the world has signed a cooperation agreement with Russian Railways (RZD) at the St. Petersburg International Economic Forum for the rail transportation of agreed cargo volumes from Rusal. RZD is one of the three largest transport companies in the world. “RUSAL has always been interested in establishing long-term mutually beneficial cooperation with Russian Railways, our long-standing and reliable partner. This agreement will further reinforce our business relationship, allowing us to optimize logistics and ensure the stable operation of enterprises and the development of the supply chain to customers,” commented Evgenii Nikitin, CEO of RUSAL. Under the agreement, RUSAL would present the cargo according to the pre-agreed schedules with the...
The International Aluminium Institute (IAI) Chair Gervais Jacques said IAI Board of Directors has selected Miles Prosser as the next Secretary General of the IAI. He will take over from the current Secretary General, Ron Knapp, in January 2020. IAI said Miles is currently the Executive Director of the Australian Aluminium Council and in that role has interacted with the work of the IAI for many years and is well acquainted with the high quality team at IAI. Prosser said: "I am excited by the opportunity of working on behalf of the aluminium industry at a global level and anticipate early priorities to be the management of bauxite tailings/residue and providing value to IAI’s diverse range of members, geographically and along the aluminium supply chain." The International Aluminium...
Reacting to the request of investigation by Rusal on its rolling mill, Braidy Industries says Rusal’s investment on the mill is not something that could cause any national security concern and hence, an investigation of foreign investment is not applicable. A statement from Braidy Industries said that while it “respects and supports the important national security responsibilities” of the Committee on Foreign Investment, its US$1.7 billion rolling mill project in Ashland “does not enter or interfere with (the committee’s) rules or regulations.” The Braidy statement also says that the project being a “greenfield” project is not generally subjected to the review of Committee on Foreign Investment. The Treasury Department, however, has not confirmed or denied any such review. Braidy...
Like many other nations, the United Arab Emirates is increasingly using aluminium semi-finished products in the form of rolls, bars and rods in the building and construction industry. Thanks to the characteristics and properties of aluminium that have led to revolutionary and innovative changes in building techniques and architectural and engineering projects. In 2018, the United Arab Emirates had imported a significant volume of aluminium bar rods and profiles, amounting to 50,541 tonnes in total. This amount was higher from the previous two years, as in 2016 the country had imported 37,177 tonnes while in 2017 around 35,201 tonnes. This indicates that the import volume in 2018 was 36 per cent up from 2016 and 44 per cent from 2017. However, in 2019, the country’s import amount of...
Shanghai Metals Market data showed that social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 1.15 million tonnes as of Thursday June 6. Primary aluminium stocks declined 64,000 tonnes from 1.212 million tonnes on Thursday May 30. Inventories continued to decline in the week to Thursday June 6, due to limited arrivals and brisk demand. The chart below indicates the current status of primary aluminium inventories across all major China markets: Primary aluminium stocks in Wuxi, Jiangsu dropped 24,000 tonnes from Thursday, May 30, to stand at 410,000 tonnes today. Inventories in Shanghai and Nanhai, Guangdong, declined 23,000 tonnes and 2,000 tonnes from May 30 to stand at 228,000 tonnes and 253,000 tonnes; in Gongyi, Henan,...
The US dollar recovered from earlier losses on Wednesday as stronger-than-expected US services sector growth countered weak jobs data. LME base metals closed lower and aluminium dropped over 1%. SHFE aluminium declined close to 0.3%. The LME cash contract closed Wednesday’s trading higher at US$ 1766 per tonne. A rebound in the US dollar forced three-month LME aluminium to relinquish earlier gains to close Wednesday 1.04% lower at US$1,766.5 per tonne overnight. The loading up of short positions primarily accounted for the losses in LME aluminium on the day. LME aluminium is expected to trade between US$1,760-1,820 per tonne today. As on June 5, Wednesday, LME aluminium cash (bid) price stood at US$ 1765.50 per tonne, LME official settlement price stands at US$ 1766 per tonne; 3-months...
To commemorate the World’s Environment Day yesterday, on June 5, some ten tonnes of garbage including aluminium ladders and cans were collected in Nepal for recycling, said Nepali officials. A team of fourteen men was sent by the government for six weeks to scour for litter from base camp to Camp 4 - nearly 26,300 feet up to collect empty cans, bottles, plastic and discarded climbing gear. The bags of trash arrived at Kathmandu on road and air and then handed over to a local recycling company. They will be divided manually into different materials and then recycled accordingly. “We collected (the trash) but managing it is also very important,” Dandu Raj Ghimire, chief of Nepal’s tourism department, told reporters. “Usually there is a big volume of metal, aluminium, glass and heavy and...
A00 aluminium ingot price recorded a drop on Thursday, 06 June 2019 to RMB 14060 per tonne, after remaining flat at RMB 14100 per tonne on Wednesday, 05 June. Ingot price declined RMB40 per tonne or 0.28 per cent. The average price is expected to range within RMB14040-14080 per tonne. Spot aluminium price is likely to be traded at a premium of RMB40 per tonne. Aluminium ingot price in Foshan stood at RMB 14140 per tonne, a decrease of RMB50 per tonne or 0.35 per cent from RMB 14190 per tonne. The average price is expected to range at RMB14120-144160 per tonne today. Ingot price in Wuxi and Hangzhou declined RMB 65 per tonne and RMB 40 per tonne to stand at RMB 14045 per tonne and RMB 14100 per tonne. Aluminium ingot price in Chongqing, Shenyang, Tianjin, Linyi and Gongyi declined to stand...
According to Shanghai Metals Market, aluminium billet inventories in China have extended fall over the week ended on June 6, as significant deliveries have yet to arrive at warehouses. SMM data shows that the stocks of 6063 aluminium billet across five major consumption areas have decreased today by some 14,000 tonnes to stand at 63,100 tonnes. The decline in billet stocks thus, records higher today compared with May 30 when the stocks had dropped only by 1,200 tonnes. In Foshan, Guangdong, the aluminium billet inventory has dropped by some 7,900 tonnes from the last week to stand at 27,000 tonnes, while that in Wuxi, Jiangsu and Huzhou, Zhejiang has declined by some 6,000 tonnes to stand at 7,200 tonnes and 2,500 tonnes to come in at 7,500 tonnes. In Nanchang, Jiangxi, the inventory,...
Vita Coco, the beverage maker which is known for its coconut water packaged in a rectangular-shaped cardboard carton is turning to infinitely recyclable aluminium to launch its new premium packaged water brand. The concept for the new water brand known as Ever & Ever is driven by its parent company All Market’s partnership with Lonely Whale, an incubator focused on ocean health in order to promote environmental sustainability. All Market plans to embrace aluminium in order to cut down on the use of disposable plastic bottles which are harming the environment. Jane Prior, chief marketing officer at All Market, told Food Dive. "For consumers who are on the go, live on the go or travel, there is not really a great sustainable option and that was the impetus behind launching the Ever & Ever...
Nyinahin residents and the surrounding communities in the Ashanti region in South Ghana believe that bauxite mining in that area will cause serious harm to their lives and thus, reportedly expressed dissatisfaction with the government’s aluminium ore mining plans. The residents claimed that the government neither engaged the leaders of the communities in any dialogue related to their plans nor did they communicate how the mining activity under the $2 billion Synohydro deal would benefit community members. Research shows that bauxite mining at Nyinahin could last for over 150 to 300 years, which is significantly longer than at Atewa, where according to the research bauxite can be mined for 30 years. Also, the estimated impact of mining at the former place is likely to be less damaging than...
Italian shipyard Ocean King has reportedly unveiled the model of Classic 108 yacht, featuring a steel hull and lightweight aluminium superstructure. This sleek 340 GT explorer yacht with an overall length of 34 metres has a layout spread out across four decks and five staterooms. The exterior of the vessel, designed by VYD Studio of Trieste, benefits from enormous outer deck space with multiple separate sunbathing and seating areas, while the interior infused with the right amount of freshness and radiance. The tender can be tucked away in a garage which is convertible to a beach club so as not to encroach on deck usage. Paolo Dose from VYD Studio commented, “The 108 offers an aggressive and muscular look without compromising the essential elements of futuristic design. With a wide-beam,...
