Mexico’s aluminum industry is looking to capitalize on rising demand from artificial intelligence (AI) infrastructure, electric mobility, automotive manufacturing, and aerospace. Expanding technology investments and international market opportunities are expected to support sales growth, while the country’s reliance on imported aluminum highlights the importance of strengthening domestic processing capabilities. Ramón Beltrán, president of Mexico’s National Chamber of the Aluminum Industry (Canalum), expects the country’s domestic and international aluminum sales to gain momentum in 2026, supported by demand from advanced technology applications and established manufacturing sectors. “We expect to close out this year with growth of between 7.5% and 7.8% in domestic and international...
Chinese aluminium producers are planning a major expansion overseas, with at least 15 million tonnes per annum (MTPA) of new primary smelting capacity announced or planned across Southeast Asia, the Middle East, Central Asia and Africa. The expansion could push the global aluminium market into surplus , although tighter scrutiny from Beijing and concerns over project profitability may limit how much capacity is built. Around 2.85 MTPA of the planned capacity is already under construction or being brought into operation. This represents 3.8 per cent of the current global annual smelting capacity of 73.78 million tonnes. The new projects, combined with recovering aluminium output in the Middle East, are expected to change the global supply balance. Morgan Stanley forecast in July that the...
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Vedanta Limited, a massive player in the Indian aluminium industry, is one step closer to announcing its site for what the brand mentions as the world’s first 100 per cent green aluminium manufacturing plant, shares Group Chairman Anil Agarwal in a media interview. He has delineated the company’s pursuits to develop aluminium production further and meld renewable energy into its core operations. Vedanta Aluminium has strategised to boost its production capacity by 3 million tonnes annually. Image Source: https://vedantaaluminium.com/ The public declaration was just in time ahead of Vedanta’s demerger enactment , leading to the composition of five distinctive entities – Vedanta Limited, Vedanta Aluminium, Vedanta Oil and Gas, Vedanta Steel and Ferrous Materials, and Vedanta Power. The...
More anti-dumping duties are on the way to Chinese aluminium products. After India, now the Gulf Cooperation Council (GCC) states are imposing duties on China for flooding their countries with aluminium products at unfair prices. The news came on Thursday, March 20, after the GCC Ministerial Committee, composed of industry ministers, announced the move officially. This decision follows the recommendation from the GCC Permanent Committee for Anti-Injurious Practices in International Trade to impose import tariffs on aluminium alloy products originating from China. The duties being levied on Chinese aluminium products include flat or grained rectangular (including square) aluminium alloy sheets, plates, coils, strips, coated or coloured, with a 2-8 mm thickness. Why this move? The growing...
Okay, first things first to be straightened out — the US aluminium and steel tariff implemented is not the only tariff that businesses have to pay while exporting commodities to the nation’s backyard. If a country was paying a 10 per cent tariff to export aluminium goods to the US, they are now not paying 25 per cent but a 35 (10+25) per cent tariff for the good. All of the secrets lie in the word 'additional'! Image for representational purposes only In February 2025, the US administration reinstated and broadened Section 232 tariffs, imposing a flat 25 per cent ad valorem duty on all steel and aluminium imports, effective from March 12, 2025. The tariffs were imposed through Presidential Proclamations 10895 and 10896, signed on February 10, 2025. The updated tariffs now encompass both...
The Bureau of Indian Standards recently conducted another raid at an aluminium alloy ingot manufacturing facility in Sipcot Industrial Park, Vallam Vadagal, Sriperumbudur, for operating without the necessary permits. As per the report, the company has been producing and selling aluminium alloy ingots without the required ISI mark and valid licenses. The raid took place on March 18 under Section 28 of the BIS Act, 2016, in response to violation of the Aluminium and Aluminium Alloys (Quality Control) Order, 2023. The company was found to be in breach of Section 17 of the BIS Act. As a result, BIS Chennai branch head G. Bhavani said the penalty could be imprisonment for up to two years or a fine extending up to 10 times the value of the manufactured products. This raid follows a series of...
European Aluminium welcomes the European Commission’s EU Steel & Metals Action Plan as an important step toward addressing the critical challenges facing the aluminium industry. Aluminium is a strategic raw material essential for the green and digital transitions, defence, and other key sectors. However, with the new U.S. tariffs on aluminium in place, the urgency for action has only accelerated. Europe can no longer afford to delay taking the necessary steps to secure the survival of its aluminium industry. "We appreciate the renewed focus on our sector and it's clear that policymakers are beginning to recognise the severity of the challenges our industry faces," says Paul Voss, Director General of European Aluminium. "There are certainly promising elements in the Plan. But strategy...
In recent developments at Century Aluminum Company (NASDAQ:CENX), Senior Vice President, Chief Information Officer, and Chief Accounting Officer Robert Hoffman executed a stock sale totalling USD 49,974. This transaction involved the sale of 2,500 shares at an average price of USD 19.99 per share. Image for referential purposes onlhy Mr Hoffman's tenure at Century Aluminum spans over two decades, having joined the company in October 2004. His career progression includes roles such as Director of Financial Planning and Analysis (2015-2017), Chief Information Officer (appointed in June 2017), and Vice President, Chief Accounting Officer, and Chief Information Officer in 2021. In December 2024, following the departure of former Principal Accounting Officer Theresa Brainerd, Mr. Hoffman was...
The ongoing debate about the impact of the Trump administration's tariff increase from 10 per cent to 25 per cent on India's aluminium exports is generating considerable discussion. While various industry leaders offer different viewpoints, it is essential to understand India's current aluminium export relations with the United States. According to the data revealed by the Ministry of Commerce and Industry, India's aluminium exports to the US were valued at US$946 million during 2023-24, following USD 1,097 million worth of exports in 2022-23. Image source: Vedanta Official trade data suggests India's aluminium export value to the US exceeded USD 1 billion for two consecutive years. In 2021-22, the value reached USD 1.1 billion, marking a sharp rise of 117.5 per cent Y-o-Y, compared to...
The depletion of China's bauxite production quality and Indonesia's export ban to prioritise its domestic processing resulted in an increasing dependence on Guinea's supply. Source: Orbitshub The rally in demand for capesize bulk carriers is expected to persist for at least another six weeks, fuelled by a surge in Chinese orders for West African bauxite, according to Capt. Sastry, CEO of Adhira Shipping & Logistics and Rainmakers Management & Consulting DMCC Bauxite prices have climbed sharply—from around USD 73 per tonne in September 2024 to USD 120-USD 130 by January 2025—as a growing fleet of vessels queues at ports along the West African coastline, awaiting cargo destined for capesize carriers. The CEO of the Dubai-based shipping company stated, "When ocean freight was low over the...
Switzerland has taken a decisive step (it was really high time!) to safeguard its steel and aluminium industries from mounting electricity costs. The government has announced a subsidy programme wherein the Swiss authorities pledged CHF 37 million (USD 42 million) in financial aid to four key industrial players, including Swiss Steel and Stahl Gerlafingen. The measure, effective from January 2025, will run until the end of 2028, aiming to maintain domestic production and preserve jobs in these energy-intensive sectors. Image for representational purposes only Electricity prices have seen a cosmic soar in the past few years, resulting in immense financial strain on the nation’s steel and aluminium producers, which the recent government initiative is anticipated to cushion. The industry...
The Muskegon Museum of Art's (MMA) recent announcement of expansion has created a buzz in the aluminium industry besides the people with a keenness towards art. MMA will spend USD 15.4 million on the expansion, which is said to double the museum's current footprint from 31,800 SF to 57,570. As reported by the CEO of Lorin Industries, the company’s anodised aluminium will play a key role in the expansion. Image source: The Muskegon Museum of Art On March 18, Lorin announced proudly that its premium anodised aluminium had been chosen for the central role in constructing the new Muskegon Museum of Art. The collaboration between the two ventures uplifts the business’ commitment towards material innovation and excellence alongside the museum's vision to establish cutting-edge cultural...
China’s aluminium trade landscape saw stark contrasts in January 2025, as aluminium imports plummeted while bauxite imports soared. According to customs data, China’s imports of unwrought aluminium and aluminium products fell by 24.3 per cent year-on-year to 290,000 tonnes. In comparison, bauxite imports surged by 23.3 per cent to 11.62 million tonnes. Here’s possibly why aluminium imports are falling The decline in aluminium imports can largely be attributed to the closure of the import arbitrage window. The price differential between domestic and international aluminium has remained unfavourable for imports, with London Metal Exchange (LME) aluminium prices hovering above Shanghai Futures Exchange (SHFE) rates. In 2024, China’s total aluminium imports reached 2.3 million tonnes, down 16...
The Ghana Bauxite Company Limited (GBC) has dismissed recent reports suggesting irregularities in its acquisition by Ofori-Poku Company Limited (OPCL), describing them as misleading and inaccurate. Image credit: GBC In an official statement released on March 17, GBC reaffirmed its commitment to transparency, ethical business conduct, and regulatory compliance. The company sought to clarify misconceptions surrounding the transaction and reassure stakeholders of its integrity. Providing historical context, GBC explained that in 2010, when global mining giant Rio Tinto divested its 80 per cent stake in the company, the Government of Ghana—then holding the remaining 20 per cent—chose not to exercise its option to purchase the majority shares. This decision opened the door for BOSAI Minerals...
In a rapidly evolving global metals scene, the Indian aluminium sector has found itself at a critical juncture. The Aluminium Association of India (AAI) has formally called on the government to extend the Remission of Duties or Taxes on Export Products (RoDTEP) scheme for aluminium-producing units operating under Advance Authorisation (AA), Export Oriented Units (EOUs), and Special Economic Zones (SEZs). This intervention, as warned by the industry leaders, is essential to safeguard India’s export competitiveness and domestic manufacturing growth. Image for representational purposes only India ranks as the world’s second-largest producer of aluminium, boasting an impressive annual production capacity of 4.1 million tonnes and witnessing investments exceeding USD 20 billion in domestic...
China is facing multiple duties on its aluminium exports from various countries. After facing a hefty tariff of 45 per cent from the United States, China is now targeted with a provisional anti-dumping duty ranging from USD 619 to USD 873 per tonne from India. The news came on Monday, March 17, when India's Ministry of Finance revealed the duties on Chinese aluminium foil imports. According to the gazette notification, the duty will apply to aluminium foils of up to 80 microns, excluding foils under 5.5 microns used for non-capacitor applications. India declared the duty after preliminary findings of the Directorate General of Trade Remedies (DGTR), which indicated an injury to the domestic industry due to the excessive imports of Chinese aluminium foils. According to world trade data,...
On Monday, March 17, Norwegian aluminium and renewable energy company Norsk Hydro held a groundbreaking ceremony for its cutting-edge recycling plant in Torija, Spain. The EUR 180 million project is a key part of Hydro's circular economy strategy, focused on using more post-consumer scrap. It also aligns with Hydro's goal of expanding its low-carbon aluminium offerings in Europe. Image source: Hydro Through this new plant, Hydro aims to maximise the recycling of aluminium scrap , keeping it within Europe rather than allowing it to be exported. Hanne Simensen, Executive Vice President of Hydro Aluminium Metal, has rightly explained that aluminium scrap is energy in solid form. Therefore, it makes sense to utilise this resource domestically, particularly when European countries are...
JiaoZuo WanFang Aluminum Manufacturing Co. Ltd (SZSE:000612) has experienced a 3.9 per cent decline in its stock price over the past week, raising concerns among its predominantly individual investors, who hold a concrete 52 per cent stake in the company. The company's ownership structure reveals that the top 25 investors collectively own 48 per cent of the shares, with the largest shareholder, Zhangshu Hetai Ancheng Investment Center (Limited Partnership), possessing a 14 per cent stake. Kaiman Aluminum (Sanmenxia) Co., Ltd. and Hangzhou Jinjiang Group hold 12 per cent and 5.4 per cent respectively. Despite the recent stock decline, JiaoZuo WanFang Aluminum Manufacturing reported a remarkable 153 per cent increase in earnings per share (EPS) over the past year. However, its...
This month has been a peachy surprise for all The Kardashians fans. Kylie Jenner cranked up the excitement for her latest Sprinter flavour, "Peach Pack" and took things to the next level, literally heading to the Big Peach itself! The beauty personage-turned beverage queen surprised her fans at local liquor stores in Georgia, giving them a taste of the buzz for both the drink and the hype. Image source: Billboard Kylie Jenner wrapped up her "Peach Pack" launch in true star-studded style, making a final pit stop at Atlanta’s buzzing nightlife spot, Tongue & Groove because what’s an alcohol beverage soda launch without a little late-night glam? But she wasn’t done yet! She then made a surprise splash at Paloma Park in Athens, popping up alongside rising country star Ella Langley for an...
The Australian mining and exploration company Metro Mining is gearing up to commence its 2025 production and shipping operations at the Bauxite Hills Mine and Marine Divisions in Queensland, with mobilisation to the site now underway. Source: Metro Mining The company has set an ambitious target for the year, planning to ship between 6.5 and 7 million WMT of bauxite—building on its strong performance in 2024, when it recorded 5.7 million WMT, marking a notable 24 per cent increase over the previous year. With a market capitalisation of $328.9 million, Metro is aiming to load its first vessel of the year by March 17, 2025. This early start has been made possible thanks to the company’s continued investment in operational efficiency, equipment upgrades, and the completion of its...
