Thailand has opened a new anti-dumping exporter review covering Chinese aluminium extrusions, with a provisional 21.94 per cent cash deposit rate set for the applicant. Thailand's Department of Foreign Trade has initiated a new exporter review covering aluminium extrusions from China, adding...
Canadian Prime Minister Mark Carney has indicated Ottawa’s readiness to resume Canada-US trade talks and reach a deal with President Donald Trump, as the tariff debate continues to pressure deeply integrated supply chains. Tariff uncertainty could also pressure aluminium trade, costs, aluminium...
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Century Aluminum Company, a global primary aluminium producer, has announced plans to resume over 50,000 tonnes of idled production at its smelter in Mt. Holly, South Carolina. The investment of approximately USD 50 million is expected to create more than 100 jobs. The facility will be operating at...
The 50 per cent tariffs imposed by the US on Canadian aluminium since June 4, 2025, have sharply increased costs for Canadian producers, who supply about half of the aluminium used in the US. The higher duties have driven price inflation across supply chains, caused supply disruptions, and put...
Independent Bermuda-based bulk carrier firm Himalaya Shipping Ltd. (“Himalaya,” “Himalaya Shipping,” or the “Company”) has released strong preliminary unaudited results for the three and six months ended June 30, 2025, all while operating in a freight market that continues to experience the fallout...
Century Aluminum Co. (NASDAQ: CENX) reported a Q2 2025 net loss of USD 4.6 million (USD 0.05 per share), reversing a USD 29.7 million profit in Q1 and down from USD 20.2 million in Q2 2024. The swing was driven by USD 35 million in one-off costs, including derivative losses, an Iceland inventory...
Despite a recent breakthrough in the EU-US tariff standoff, Europe’s aluminium recycling industry is sounding the alarm over a worsening crisis: the continued surge in aluminium scrap exports from the continent. While the deal marked a diplomatic easing of trade tensions, it left a critical issue...
The protectionist tariff strategy once touted by US President Donald Trump to revitalise domestic aluminium and steel production appears to be yielding the opposite effect - at least in early 2025. Industry indicators point to a clear downturn, with aluminium demand and production trending downward...
The sharp hike in aluminium tariffs under the Trump administration, from 25 per cent to 50 per cent, has significantly disrupted the aluminium industry and its dependent sectors, directly impacting corporate earnings. The beverage industry, in particular, has felt the strain. Molson Coors, which...
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter at one site, announced its financial results for Q2 and the first half of 2025, revealing a large fall in profitability alongside modest revenue growth since the same time last year. Tariff pressure, escalated alumina prices,...
Ball Corporation, the global leader in aluminium packaging for beverages, personal care, and household products, has released its financial results for the second quarter of 2025 (Q2 0225). The company has showcased solid growth in both sales and earnings. As per the data, on a GAAP basis, Ball...
Note: This image is AI-generated and for representation purpose only On August 5, 2025, the Indian government informed Parliament that the US has rejected its request for consultations at the World Trade Organisation (WTO) concerning the recent US tariffs on aluminium, steel and related products....
The protectionist tariff strategy once touted by US President Donald Trump to revitalise domestic aluminium and steel production appears to be yielding the opposite effect - at least in early 2025. Industry indicators point to a clear downturn, with aluminium demand and production trending downward...
American multinational automaker Ford Motor Company is under increasing pressure from trade changes as it re-estimates the 2025 forecast. They announced tariffs will affect future profits by USD 3 billion, up by USD 0.5 billion from the previously announced USD 2.5 billion . The automaker's...
The recent imposition of 25 per cent tariffs by the US on Indian exports has sparked concern among the Odia community in North America, with many professionals and entrepreneurs warning of significant economic repercussions. Members of the diaspora argue that the move is likely to increase...
Canada and the US have been engaging in a tariff war for the past six months, and despite reports of "intense" negotiations in recent weeks, a comprehensive trade agreement has yet to be reached. A potential US-Canada trade agreement may still take several weeks to materialise, according to...
Mexico has secured a 90-day delay on the implementation of new 30 per cent US tariffs on selected imports, following an agreement between US President Donald Trump and Mexico’s President-elect Claudia Sheinbaum. The extension, however, is conditional on Mexico’s commitment to address a broad range...
Aluminium futures slipped on Friday, with August contracts on the Multi Commodity Exchange (MCX) trading at INR 249.30, down 0.46 per cent, after the Trump administration announced a fresh round of tariffs scheduled to take effect within a week. On the London Metal Exchange (LME), three-month...
Ferroglobe PLC, a London-based supplier of high-purity chemical and metallurgical-grade silicon metal for the aluminium and steel industries, reported a weak Q1 2025 performance, with revenue declining to USD 307.2 million, a 32 per cent drop year-on-year and an adjusted EBITDA loss of USD 26.8...
When the European Union and the United States announced the formation of a new “metals alliance” on July 28, 2025, it signalled more than just tariff alignment. It marked a turning point, a coordinated effort to shield their domestic metals sectors from a common adversary: China’s state-driven...
