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 $6.09 billion. The figures come as the possibility of a...
Century Aluminum’s proposed USD 4 billion primary aluminum smelter in Inola, Oklahoma, is “moving forward on all fronts” as the company prepares for construction, despite local opposition and legal challenges, CEO Jesse Gary said during the company’s third-quarter earnings call. Developed jointly by Century Aluminum and Emirates Global Aluminium (EGA), the project is designed to produce 750,000 tonnes of primary aluminum annually, potentially doubling U.S. primary aluminum production. The facility is expected to create thousands of direct and indirect jobs and add USD 1.5 billion to Oklahoma’s gross domestic product, according to company estimates. The partners had targeted construction to begin by the end of 2026. However, local restrictions and permitting challenges have affected the...
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The US dollar weakened against the Japanese yen. LME aluminium grew 1.06% and SHFE aluminium finished slightly higher last night. Benchmark aluminium price on London Metal Exchange dropped to close at US$ 1767 per tonne on Tuesday, May 7, from US$ 1783.5 per tonne on Friday May 3. LME aluminium is likely to be traded at US$1,800-1,820per tonne today. As on May 7, LME aluminium cash (bid) price stood at US$ 1766 per tonne, LME official settlement price stands at US$ 1767 per tonne; 3-months bid price stands at US$ 1798 per tonne, 3-months offer price is US$ 1798.50 per tonne; Dec 20 bid price stands at US$ 1918 per tonne, and Dec 20 offer price stands at US$ 1923 per tonne. The LME aluminium opening stock stood at 1263400 tonnes. Live Warrants totalled at 864650 tonnes, and Cancelled...
Metals & mining firm Vedanta Limited announced its audited consolidated results for the fourth quarter (Q4) and full year ended 31 March 2019 (FY2019). For Q4 FY2019, the company reported a attributable Profit after Tax (PAT) before exceptional items and DDT of INR2,615 crore, up 66% quarter-on-quarter. For FY2019, attributable PAT before exceptional items and DDT declined 15% year-on-year to INR6,857 crore. Revenue for Q4 FY2019 stood at INR23,092 crore, down 1% QoQ sequentially on lower commodity prices, rupee appreciation and lower volume at Aluminium and Zinc India business, partially offset by higher sales volume at ESL, Zinc International and Iron ore Karnataka. For FY2019, revenue came in at INR 90,901 crore, lower by 1% YoY. Mr. Navin Agarwal, Chairman Vedanta Limited, said,...
Hilde Merete Aasheim has reportedly assumed the position as Hydro’s new President and CEO with an intention to boost profitability and speed up the company’s drive to become a leading provider of advanced, low-carbon products and solutions, based on a more sustainable footprint through the value chain and lifecycle of aluminium. “Customers are increasingly seeking advanced solutions with the lowest-possible impact, from building and construction to automotive, packaging and electronics. This enables us to commercialize our best-in-class footprint and leading positions within process technology and product innovation,” said Aasheim in a statement. As per the report, Aasheim has also started taking several measures in support of her business agenda, which include renewing company’s...
A00 aluminium ingot price recorded an increase of RMB30 per tonne on Wednesday, 08 May 2019 after declining three days in a row. Ingot price increased from RMB14050 per tonne to RMB14080 per tonne. Spot aluminium contract is likely to be traded at a premium of RMB40 per tonne. The price is expected to range at RMB14060-14100 per tonne. Aluminium ingot price in Foshan and Wuxi rose by RMB30 per tonne and RMB25 per tonne to stand at RMB14080 per tonne and RMB14075 per tonne. Their prices are expected to range at RMB14060-14100 per tonne and RMB14070-14080 per tonne. In other major cities like Hangzhou, Tianjin and Linyi, the aluminium ingot price increases by RMB20 per tonne each to stand at RMB14090 per tonne, RMB14100 per tonne and RMB4170 per tonne. Their prices are expected to range at...
According to an update from Shanghai Metals Market, Shanxi Chinalco Huarun is set to commission 52 more electrolytic baths, in a bid to reach to full production of its phase-one aluminium alloy project. As per the report, Shanxi Chinalco Huarun intends to achieve this by mid to late June. Previously, April 22, it had put 40 electrolytic baths into use, learned SMM further. The commissioning of 52 more electrolytic baths will bring the total number to 92, with a capacity totalling at 125,000 tonnes. Till August 31, the project will enjoy a preferential electricity price of RMB 0.286 per kWh. Nonetheless, from September the prices will not be higher than RMB 0.3 per kWh. SMM learned there is more capacity in the pipeline, with construction likely to complete by the end of this year. The...
Dutch yard Van der Valk has reportedly unveiled the first model in its BeachClub 600 range. It is all-aluminium, semi-custom 19.05 metre yacht designed by Cor D Rover. After being launched in the Netherlands, the yacht will now undergo sea trials and then appear at a number of major boat shows this summer. A second model in the range, the 20.5 metre BeachClub 660 Flybridge, is also under construction and on track for delivery this summer. “Having contemporary and dynamic appearance,” as the yard said, both the yachts will be perfectly suited to sailing hotspots, such as the South of France, Florida, and the Caribbean. Both the models feature increased interior and exterior volume that is achieved by placing the engine compartment within the swimming platform. The move “opens up tremendous...
LME Asia Week is staring today, May 7, 2019, at Hong Kong with over 2,000 metals professionals and media converging together. The week will see industry experts discussing a number of topics around precious, base and ferrous metals. Ian Roper, general manager of SMM Singapore said during LME Asia Week in Hong Kong that supply side reforms in China have not benefitted the aluminium and lead sector. “Supply side reforms have not really restricted Chinese supply of aluminium,” Roper said. He said that despite supply reforms aluminium capacity in China continues to grow in excess and about 2.9 million tonnes of capacity would come online in 2019. Production in 2018 dropped for the first time in 20 years but the entire loss will be offset by new capacity, he added. Most of the new capacity to...
According to recent estimates, in 2018, Austria imported 305,101 tonnes of aluminium scrap from global markets, an increase of 10733 tonnes or 4 per cent year-on-year. The cost of import stood at USD383 million. The country’s estimated aluminium scrap import from Germany increased 1.3 per cent year-on-year last year. Import from Germany rose from 183,555 tonnes in 2017 to 185,952 tonnes in 2018. This year, the estimated import volume is expected to decline 7 per cent year-on-year to 173,140 tonnes. Other major aluminium scrap suppliers in 2018 were Switzerland (24492 tonnes), Poland (18049 tonnes), Slovakia (12791 tonnes), Czech Rep. (10777 tonnes) and France (10192 tonnes). In 2017, Austria imported an estimated 294,368 tonnes of aluminium scrap, up 13 per cent from 2016’s import volume...
According to China Association of Automobile Manufacturers (CAAM), about 298,000 units of new energy vehicles (NEVs) were sold in China in the first three months of 2019, up 109.7 per cent from the same period last year. Out of 298,000 units, pure electric cars accounted for 227,000 units, up 121.4 per cent year on year. Sales of plug-in hybrid rose 79.1 per cent to 72,000 units, showed the data of CAAM. Overall sales of cars in China, on the other hand, dropped year-on-year by 11.3 per cent during January-March to come in at 6.37 million units. However, the year-on-year drop in auto sales in March was much smaller compared with the declines in January and February. This indicates a sign of recovery in the market. According to another update from Shanghai Metals Market, sales of heavy...
U.S. trade officials rejected Tesla Inc.'s request for relief from Trump's 25 per cent tariffs on the China-made Autopilot "brain" in the Model 3 and other electric vehicles. According to a Reuter’s report, U.S. Trade Representative's office denied exclusion requests from Tesla and others for Chinese-made products from automotive and aircraft parts to biotechnology instruments, the reason being they were considered "strategically important" to the "Made in China 2025" program. Tesla has also submitted tariff exclusion requests for duties on the China-made Model 3 center screen and for the Model 3 car computer, which are still pending. "Our costs for producing our vehicles in the U.S. have also been affected by import duties on certain components sourced from China," Tesla said in a U.S....
The Energy and Mineral Resources Ministry of Indonesia has officially cancelled the export permits of five mining companies as they failed to show progress in developing smelters as per the prevailing laws and regulations. The five mining companies are PT Surya Saga Utama, PT Genba Multi Mineral, PT Modern Cahaya Makmur, PT Lobindo Nusa Persada and PT Integra Mining Nusantara. However, the government will return the permits to these companies if they can show significant progress in building smelters, said the ministry’s mineral director Yunus Saefulhak in a statement. He particularly said, “This is a temporary revocation. We will activate their permits when they manage to show progress in smelter development. We have to be firm in enforcing the law on the smelter requirement.” He also...
Bud Light will launch its first-ever rainbow aluminium bottle to celebrate World Pride. The rainbow aluminium bottles will be available through the month of June. Bud Light will donate $1 to GLAAD for every case sold between May 27 and June 30. Andy Goeler, Vice President of Marketing for Bud Light said: "Bud Light has been a supporter of the LGBTQ+ community since the 80s and we are excited to continue our long-standing partnership with GLAAD by collaborating with them on this new commemorative bottle that celebrates the LGBTQ+ community and everything GLAAD does to support it." The new limited-edition bottle will appear at The Governors Ball Music Festival in New York City. "The way we see it, our beer is for everyone to enjoy, so we are looking forward to seeing Pride bottles at bars...
The US dollar increased on Monday as the cautious stance in the global markets sustained the upside momentum in the greenback. , after the US President Donald Trump re-ignited trade effervescence on Sunday. SHFE nonferrous metals closed lower on the first trading day after the Labour Day holiday, as trade tensions between Washington and Beijing re-escalated after President Donald Trump said the US would hike tariffs on goods from China. Base metals ended mixed and SHFE aluminium dropped 0.11%. The LME was closed for a bank holiday on Monday and it reopens trading on Tuesday. The most traded SHFE June contract opened lower and extended its declines to end at an intraday low of RMB13,925 per tonne on Monday, down 1.8% on the day. The unwinding of long positions accounted for the losses in...
According to Shanghai Metals Market, the price of A00 aluminium ingot extends its drop today, on May 7, by RMB 30 per tonne to RMB 14,050 per tonne. The average prices are expected to range between RMB 14,030 per tonne and RMB 14,070 per tonne. Spot aluminium contract is likely to be traded at a discount of RMB10 per tonne to a premium of RMB30 per tonne. After a rise on April 29, the A00 aluminium ingot price has been declining, marking today the third consecutive drop. In major cities like Foshan, Hangzhou, Chongqing, and Shen Yang, the aluminium ingot price has declined by RMB 30 per tonne, while in Wuxi by RMB 10 per tonne, Tianjin by RMB 50 per tonne, Linyi by RMB 20 per tonne and in Gongyi by RMB 25 per tonne. As far as the prices of raw materials are concerned, the spot alumina...
F3 MFG Inc. a leading maker of aluminium truck and van equipment in the Waterville city in Maine, United States is leading the thriving manufacturing business in the state. "Aluminum is the future. A lot of other manufacturers are moving towards the aluminum market, and we're ahead of the curve," the company co-owner Joyce Galea said. Starting operations in 2016 at a 50,000 square-foot plant, F3 MFG Inc. has expanded its production site to triple and it has increased its workforce by more than tenfold. They started with 14 employees and the company now employs more than 200 workers. The company manufactures truck beds, truck and van bodies and other accessories out of aluminium. According to the company co-owner Bill Cleaves, they use aluminium because it is a much more durable, gives a...
According to Shanghai Metals Market, domestic demand for photovoltaic (PV) aluminium extrusion is expected to rise in the next two months due to speed-up installations of new solar power plants before the lower feed-in tariff (FiT) subsidies take effect on July 1. According to a statement by the National Development and Reform Commission on April 28, China will cut the FiT for newly-operated PV power plants by RMB 0.1 to 0.15 per KWh. This adjustment will bring the subsidies to RMB 0.4 per kWh, tax included for Category I region of northern China, to RMB 0.45 kWh for Category II region of the western and central China, and to RMB 0.55 kWh for the rest of the country for Category III zone. However, for village-level poverty alleviation solar PV power projects, the FiT will remain unchanged...
Ball Corporation has broken ground on a new headquarters on its existing campus in Westminster, Colorado. Metal packaging manufacturer has also announced the expansion d its Packaging Office Center (POC). Both are anticipated to be completed in the second half of 2020. The company said that it will continue to invest in its existing facilities in Broomfield and Westminster to accommodate increasing aerospace employee base in the area. “As our businesses, particularly aerospace, continue to grow and evolve, we need more office space to accommodate these developments, and allow our employees to better work together to develop innovative solutions that help Ball and our customers be successful over the long term,” said John A. Hayes, chairman, president and CEO. “We’ve had our North American...
Aluminium Bahrain (Alba) has announced that it has successfully started additional 106 pots in Line 6 expansion on Thursday 18 April 2019. With this ALBA has started a total of 212 pots, which is equivalent to 50% of Line 6 production capacity. Alba organized a ceremony to mark this milestone, which was held on Tuesday 30 April. The ceremony was attended by the Chairman of the Board of Directors Shaikh Daij bin Salman bin Daij Al Khalifa along with Alba CEO Mr. Tim Murray, Alba Executive Management Team, Line 6 Start-up Team and senior Bechtel officials. Commenting on the ocassion, the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa, said: “We are excited to have progressed the ramp-up of Line 6 pots ahead of plan by 12 days. With 50% of Line 6...
