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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As August 1 approaches, trade discussions between the US and Canada have shifted focus amid ongoing concerns over aluminium tariffs. US Treasury Secretary Scott Bessent, speaking on July 31, 2025, acknowledged the financial strain faced by American manufacturers, particularly Ford Motor Company and...
Canadian aluminium smelters are sharply reducing primary metal exports to the US following an escalation in tariffs under the Trump administration. Beginning in March 2025, the US reinstated a 25 per cent tariff on Canadian aluminium, which was then unexpectedly doubled to 50 per cent in June,...
Alcoa Corporation, a prominent global aluminium producer, has once again demonstrated its financial resilience by maintaining a consistent quarterly cash dividend of USD 0.10 per share for both its common stock and Series A convertible preferred stock. Despite ongoing challenges such as falling...
Stellantis, a multinational automotive corporation in the Netherlands, is bracing for a financial hit in the second half of 2025, expecting a Euro 1.2 billion (USD 1.4 billion) impact from new US tariffs as the global auto industry grapples with changing regulatory barriers and trade winds. After a...
Rio Tinto reported a mixed set of financial results for the first half of 2025, as softer commodity prices, surging capital expenditure, and steep US aluminium tariffs weighed on its performance. Image source: Rio Tinto The company reported net cash generated from operating activities of USD 6,924...
A trade agreement between Japan and the US in July 2025 provided partial tariff relief, but ongoing challenges particularly in aluminium and auto parts continued to weigh on Japan’s manufacturing output. While services accelerated domestic demand, the country’s industrial base remained under...
Futures market: On the previous trading day's night session, the most-traded SHFE aluminium 2509 contract opened at RMB 20,585 per tonne, with a high of RMB 20,675 per tonne, a low of RMB 20,570 per tonne, and closed at RMB 20,620 per tonne, up 0.07 per cent from the previous close. LME aluminium...
As the clock ticks toward an August 1 trade deadline, Ontario Premier Doug Ford is pressuring the federal government to respond decisively to escalating US tariffs. Ford has urged Ottawa to impose matching 50 per cent tariffs on American steel and aluminium, should talks fail to produce a new...
At a time when the whole world is experiencing inflation, tariff changes and shifting consumer behaviours, Heineken N.V. stands out as an example of operational resilience and foresight. The Dutch brewing company has been operating in a challenging environment with increasing US tariffs on...
The August 1 deadline looms just around the corner, and countries across the globe are preparing last-minute either to crack a deal with the US ahead of the reciprocal tariff implementation or to combat the ripple effect of the tariff across supply chains. In the meantime, when the world’s two...
In a high-stakes crackdown on trade fraud, the US Department of Justice has announced that patio furniture manufacturer Grosfillex Inc. will shell out $4.9 million to settle claims that it dodged US import duties on aluminium components shipped from China. The Pennsylvania-based company stands...
India's Free Trade Agreement (FTA) with the UK, signed with hopes of unlocking duty-free market access, has come under fire from trade experts and industry leaders for omitting carbon tax exemptions. This omission, according to the Global Trade Research Initiative (GTRI), could undermine Indian...
The US decision to double Section 232 aluminium tariffs to 50 per cent on June 4 (after sitting at 25 per cent since mid-March) instantly reshaped cost curves and trade flows. Producers exporting into the US saw margins squeezed despite a jump in the Midwest premium. Image for referential purposes...
When the US slapped a steep 50 per cent tariff on imported aluminium earlier this year, it was pitched as a bold step to revive the country’s flagging smelters and bring metal production back home. But on the ground, something quite different is happening: scrapyards, not smelters are thriving....
AMAG Austria Metall AG, the leading player in Austria's aluminium industry, has begun to feel the pinch of the US tariffs in its Q2 2025 earnings—though the impact so far remains modest. However, the full brunt is expected to hit in the second half of the year. The company had entered 2025 on a...
The American dream of owning a white-picket-fenced home is quietly being priced out - brick by brick, beam by beam. And no, this time it’s not inflation or rising mortgage rates to blame but tariffs it is, with a maple twist. According to the Canadian Chamber of Commerce, tariffs imposed on...
On July 21, 2025, the US Court of International Trade delivered a decisive ruling in Hanon Systems Alabama Corp. versus United States, rejecting the plaintiff’s challenge and sustaining the US Department of Commerce’s final affirmative determination in its anticircumvention inquiry on aluminium...
General Motors is facing one of its toughest quarters in recent times, as trade tensions take a direct toll on its global operations. The company reported a 35.4 per cent drop in second-quarter profit, with a USD 1.1 billion dent attributed to new US tariffs on imported vehicles and raw materials....
