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The United States officially raised its tariffs on foreign steel and aluminum products and doubled the import duty from 25 per cent to a hefty 50 per cent, effective June 4. The development, announced by President Donald Trump, was designed to further protect the home market metals industry, but sen ...
Today, SHFE aluminium fluctuated upward in the morning session. Outflows from warehouses were good in major consumption areas. In terms of spot market performance, spot aluminium in eastern China performed moderately, with a focus on selling. High premiums loosened somewhat, and early in the morning ...
Rio Tinto-owned the New Zealand aluminium smelter at Tiwai Point is eyeing production expansion with hydro lake storage levels on the rise. As per the report, the output is likely to ramp up to 335,000 tonnes per year from June 16, 2025.
Image source: southlandtribune.substack.com
Tiwai Point sm ...
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