The Port of Oswego Authority has called for a temporary suspension of US tariffs on Canadian goods, saying the 50 per cent duty on Canadian aluminum is reducing shipments, working hours and revenue. Tom Drumm, executive director of the Port of Oswego Authority, said the tariffs have made an already difficult business environment more challenging. In a recent interview, he called for an economic ceasefire to give Great Lakes ports, customers and suppliers some relief before the end of 2026. In his words, “It's an economic ceasefire, in its most simplest terms… if the Great Lakes could get some breathing room here the next two months, it would really set us up for success heading into 2027.” Between April and October 2023, the port handled around 60,000 tons of aluminum across 11 vessel...
Johnson, president & CEO of the Aluminium Association, issued the following statement calling for action on the bipartisan American Affordability and Jobs Act: “America needs aluminium. As demand for this essential material continues to grow, we need common sense permitting reform to ensure that we can responsibly build out American both primary and recycled aluminium production. The Bipartisan American Affordability and Jobs Act represents an important opportunity to modernise our outdated permitting system, accelerate critical energy and infrastructure projects, and provide the certainty businesses need to invest in America. We applaud Senators Lee, Heinrich, Capito and Whitehouse for their leadership in advancing this commonsense legislation. Through our “America Needs Aluminium”...
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The two electric vehicle models, namely the Maruti Suzuki e-Vitara and the MG Motor India Windsor EV, are two budget-friendly electric SUVs that have been launched in India. In recent times, customers are looking for environmentally friendly car solutions without spending a huge amount on them. These two vehicles with zero emission criteria serve the best requirements for the consumers in the present scenario. Both the models, Maruti e-Vitara and MG Windsor EV, mostly use aluminium in their construction, specifically for components like wheels and potentially structural reinforcements to reduce their average weight factor. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " The price Comparison The Maruti Suzuki e-Vitara...
Due to the frequent issue of copper cable being stolen, the Delhi Metro Rail Corporation (DMRC) is tackling this by swiftly shifting to aluminium wiring throughout its vast network. The move involves a revamped security strategy, including a significant investment of INR 325.9 million. Investment aims towards installing aluminium cables over 175 kilometres of its operations. Major attention to the most vulnerable areas, especially the Yamuna Bank line, the Airport Express Line and the Pink Line, is being given by this overhaul. The switch to aluminium is anticipated to address the ongoing issue of cable thefts that have been causing service disruptions and reduce these criminal activities while also improving power and signalling reliability throughout the network. Also read: India’s...
Today’s the day. Tata Motors has officially rolls out the refreshed Tata Punch EV, and it’s not just a cosmetic dab of powder. It’s a sharper, tech-smarter, range-confident upgrade to one of India’s most successful electric micro-SUVs. Visually, the facelift keeps its upright, boxy charm but adds polish where it counts as suggested by multiple industry reports. The front fascia looks cleaner with a sleeker closed-off grille, updated bumper detailing and sharper LED DRLs. New aero-optimised alloy wheels give it a slightly more premium stance, while fresh colour options — including the eye-catching Sunlit Yellow and copper-toned accents — dial up the personality. It’s familiar, but fresher. Quirky, but more grown-up. Step inside and the real glow-up becomes obvious. Higher trims are...
The London Metal Exchange (LME) aluminium price on February 19 dipped from the previous close, including the 3-month Asian Reference Price. However, there has been no change in the LME inventory from yesterday’s close. Both the LME cash bid and offer declined by USD 9 per tonne or 0.3 per cent, where the bid moved down from USD 3,034.5 per tonne to USD 3,025.5 per tonne. Similarly, the cash offer shifted from USD 3,035 per tonne to USD 3,026 per tonne. Don’t miss out- Buyers are looking for your products on our B2B platform At the futures contract, the LME 3-month bid changed negatively by USD 5 per tonne or 0.2 per cent and finally on February 19, settled at USD 3,055 per tonne from USD 3,060 per tonne. Concurrently, the LME 3-month offer also moved downward by USD 5.5 per tonne or 0.2...
In 2012, engineers installed 1 gigawatt photovoltaic arrays (a complete power-generating unit of a solar energy system with multiple solar panels connected in a series) to produce electricity from the extremely scorched area in the upper Yellow River catchment in the Qinghai province of China. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " Seven years after the project was completed, researchers from Xi’an University of Technology conducted a quantitative study about the environmental changes triggered by desert photovoltaic development. The panels are facing the southern horizon because China lies in the Northern Hemisphere, where the sun moves across the southern portion of the sky. This positioning allows the...
Constellium, a global leader in the design and manufacturing of high value-added aluminium products, has reported a strong financial performance for 2025, despite beginning the year amid an unsettled backdrop. At the outset, demand patterns were uneven, tariffs were reshaping pricing dynamics, and several of its end markets were still adjusting to earlier disruptions. As the year progressed, conditions improved. Although volumes did not rise uniformly across segments, the alignment of margins, favourable pricing and disciplined operational execution supported solid results by year-end. For the full year ended December 31, 2025, revenue rose 15 per cent to USD 8.4 billion from USD 7.3 billion in 2024, driven by higher shipments and higher revenue per ton, including higher metal prices. Net...
Norsk Hydro has grabbed headlines during the entire 2025 calendar year for its job cuts, plant closure and among other relatively positive news pieces. And this time, it is the financial results that has pulled eyeballs and rightfully so as the global business has managed to affirm positive financial outcome as announced previously while taking all those tough calls. Hydro closed 2025 in a year defined less by expansion in volumes and more by structural adjustment. The company delivered financial resilience despite weaker downstream demand, executed workforce reductions and plant closure proposals in Europe, reduced capital expenditure guidance, and simultaneously advanced selective investments in renewable power, recycling and low-carbon metal. Adjusted EBITDA reached NOK 28.9 billion...
According to a recent assessment by Kotak Institutional Equities, the aluminium market has entered a consolidation phase after a strong rally. LME has recorded a sharp 7 per cent from their recent highs, settling near USD 3,030 per tonne. However, the good news is the current levels remain significantly elevated, standing about 20 per cent above the average recorded during FY2025. To know about the aluminium market forecast for 2026 and beyond, download our report: Global Aluminium Industry Outlook 2026 Kotak pointed out that the recent moderation has largely been driven by global financial developments rather than any meaningful deterioration in aluminium’s core demand–supply balance. Expectations that the US Federal Reserve may slow the pace of interest rate reductions have strengthened...
A challenging outlook has been set out by Molson Coors, which warned that annual profits are likely to fall sharply. The brewer pointed to rising aluminium tariffs and cautious spending among price-sensitive consumers as significant pressures on its business. To know about the aluminium market forecast for 2026 and beyond, download our report: Global Aluminium Industry Outlook 2026 The announcement unsettled investors, with shares dropping by around 6 per cent in after-hours trading. The decline followed the company’s fourth-quarter revenue coming in below market expectations. Looking ahead to 2026, the maker of its flagship beers, including Miller Lite, expects adjusted earnings per share to decline by 11-15 per cent. This stands in stark contrast to analysts’ forecasts of a 1.9 per cent...
Honda may consider sharing its hybrid technology with Nissan for a stronger hybrid vehicle portfolio. Both automakers are of Japanese origin. This move comes at a time when demand for hybrid vehicles is increasing, due to the slowdown in the electric vehicle market in the United States, with a 33 per cent drop in sales during January 2026. Nissan has a limited range of hybrid models, contributing to weaker sales performance. This situation has become more evident as many consumers have shifted their preferences back to hybrid vehicles due to the recent slowdown in the EV demand in the US. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " Honda offers a wider range of EVs, including the Honda Civic Hybrid and the CR-V...
Aluminium futures price currently reached INR 307 per kg. At the beginning of the month, the contracts were recorded in a stable situation, remaining in a stable range. M-o-M aluminium futures movement As the market witnessed fluctuations in the January second half, traders on both the bullish and bearish sides kept negotiating, with no clear breakout or strong trend emerging just yet. Also read: LME aluminium cash offer increases to $3,035/t on February 18 as opening stocks decline 0.42% to 475,550t In early February, aluminium futures have been moving in a range between INR 302 and INR 318 per kg. A strong breakout from this sideways movement could give the market a clearer idea of where prices are headed next. Current trading situation In the present situation, the contract is being...
Economic Times (ET) Infra recently hosted the 4th edition of Global Metals and Mining Meet, held at Kolkata, India, on February 18, which revealed the Indian mining industry with ample insights and information, including on the current mining relations between India and Australia. The discussion shed light on Australia’s high capacity for exploration, aligning with that of India’s high-growth economy. His Excellency Kevin Goh is the Consul-General in Kolkata, representing the Australian High Commission as a senior Australian diplomat. At the ET Infra Global Metals and Mining Meet, he shared insights on how Australia can benefit India in terms of critical minerals and support in enriching India's critical minerals in the coming years. Australia-India benefiting one another As rightly said...
The fourth edition of the Global Metals and Mining Meet 2026 , organised by ET Infra, was held on February 18 in Kolkata (India). The conference witnessed the assembly of some of the most influential policymakers, industry heads and technical experts from India’s mining and metals sector, along with distinguished delegates from overseas. Among the keynote speakers, His Excellency Mariano Agustín Caucino, Ambassador of the Argentine Republic to India and Embassy of Argentina, addressed the rapid growth of trade relations between India and Argentina, especially in mining and critical minerals such as lithium. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Like many other nations, India and Argentina have primarily...
LME aluminium prices registered gains on February 18 compared to the previous trading session, while warehouse stocks continued to decline.The LME aluminium cash bid price rose to USD 3,034.5 per tonne on February 18 from USD 3,013.5 per tonne on February 17, marking an increase of USD 21 or 0.70 per cent. The cash offer price increased to USD 3,035 per tonne from USD 3,024 per tonne, up USD 11 or 0.36 per cent. The 3-month contract also edged higher. The bid price climbed to USD 3,060 per tonne on February 18 from USD 3,046 per tonne a day earlier, reflecting a gain of USD 14 or 0.46 per cent. The 3-month offer price rose to USD 3,061 per tonne from USD 3,047 per tonne, also up USD 14 or 0.46 per cent. For the December 27 contract, the bid price increased to USD 3,058 per tonne on...
Metal counters fell under tremendous pressure today, as investors moved away from the sector, thus affecting several stocks with significantly lower rates on the National Stock Exchange (NSE). The Nifty Metal index reflects the weakness, when it declined around 2 per cent during the session and slipped to an intraday low of INR 11,713.05 (USD 129.11). The loss was completely evident across key industry players. Steel Authority of India (SAIL), National Aluminium Company (Nalco), Jindal Stainless, and Hindalco all registered losses exceeding 2 per cent by late morning. Other major names, including Vedanta, Hindustan Zinc, NMDC, and Tata Steel, also traded in negative territory, each recording declines of more than 1 per cent. InCred Equities has revised its outlook on aluminium producers...
India’s leading producer of aluminium, Vedanta Aluminium, has deployed an in-house developed Forced Cooling Network (FCN) at its mega smelter in Jharsuguda to strengthen energy efficiency and potline performance. The advanced system uses 3D Computational Fluid Dynamics (CFD) modelling to optimise thermal management in aluminium reduction cells, or pots, ensuring more stable and efficient operations. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " The innovation has already earned national recognition, receiving a Certificate of Merit at the National Energy Conservation Awards 2025 from the Bureau of Energy Efficiency under the Ministry of Power, underscoring its contribution to industrial energy optimisation. Also...
If 2025 were to be summed up in one word for Alba, the world’s largest aluminium smelter, it would be momentum - a year that started steadily and closed with record-breaking confidence. By the final quarter, the numbers were no longer just improving; they were making history. Across 2025, Alba delivered a net profit of BD 218.7 million (USD 581.6 million), an 18.5 per cent increase over BD 184.5 million (USD 490.8 million) in 2024. Total comprehensive income reached BD 213.2 million (USD 567 million), up 16.2 per cent year-on-year - a reflection of strengthening fundamentals as the year progressed. The year’s defining moment came in Q4, when profit surged to BD 108.7 million (USD 289.2 million), up 193.4 per cent from BD 37.1 million (USD 98.6 million) in Q4 2024. Total comprehensive...
Hindalco Industries Limited has reportedly promoted Kailash Pandey to the position of Head - Mining, Sambalpur Cluster and Sales of primary aluminium. It is a significant milestone in his entire three-decade-long career with Hindalco. In this new role, Kailash Pandey would be responsible for managing the entire mining operations at the organisation, overseeing the Sambalpur Cluster, along with leading the sales of primary aluminium for enhancing the growth factor of the company. To learn about the global aluminium outlook, download our report: Global Aluminium Industry Outlook 2026 Previously, as the Business Head of Hindalco Industries Limited, Pandey was responsible for managing a diverse set of coal and bauxite mining assets spread across different states in India. He also managed a...
