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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Canada played host to this year’s G7 summit, marking its seventh turn at the helm of the influential bloc. In addition to the heads of state from G7 member nations and the European Union, which also participates in the summit, Canadian Prime Minister Mark Carney extended invitations to several...
Concerns over slowing business continue to resurface as the United States’ steep tariffs on aluminium and steel imports weigh heavily on domestic manufacturing industries. While the packaging sector has repeatedly raised red flags, the building and construction industry is now warning of mounting...
Last week, high-stakes trade negotiations between the United States and China reconvened in London, marking the second day of talks on June 10 at Lancaster House. After months of escalating tensions and retaliatory trade barriers, negotiators have emerged with what they called a 'framework...
As Indian and U.S. officials engaged in closed-door negotiations to finalise trade deals ahead of July’s tariff hikes, a parallel development added friction to an already delicate situation. The Trump administration formally rejected India’s request for consultations at the World Trade Organization...
The International Trade Administration Commission of South Africa (ITAC) has recommended that the existing 15 per cent ad valorem customs duties on aluminium rolled products should remain in place. The decision aims to continue protecting domestic manufacturing and preserving employment...
As voices from aluminium associations across US trade-allied nations grow louder, one consensus is becoming clear that the United States’ decision to increase tariffs on aluminium imports to 50 per cent is unlikely to benefit its global partners. Now, whether this bold move by Donald Trump will...
Japan’s economic engine, though sputtering, is not stalling just yet. Revised data from the Cabinet Office show that Japan’s GDP shrank by only 0.2 per cent annualised in Q1 2025, sharply better than the earlier estimate of 0.7 per cent, and just enough to keep recessionary panic at bay. The...
The UK aluminium sector has been on a rollercoaster in recent months. Following significant concern over punitive US tariffs, the recent UK-US Economic Prosperity Agreement delivered an important reprieve, removing the 25 per cent duty on aluminium and restoring confidence for exporters. ALFED...
From June 4, 2025, Trump's 25 per cent tariff on aluminium and steel doubled to 50 per cent, creating tension among worldwide manufacturers, especially those heavily relying on exports. Owing to this, most Brazilian manufacturers are pushing back against the US tariffs on aluminium and steel. What...
Note: This image is AI-generated and for representation purpose only The Trump Administration’s latest aluminium tariff hike to 50 per cent has triggered renewed concern among traders and manufacturers over a further shift in trade dynamics to a point where export markets may face a deepening blow....
India’s talks with the US for a Bilateral Trade Agreement, which would smoothen gross exports worth USD 86.5 billion (FY 2024–25 data, up 11.6 per cent from FY 23–24), are walking on a double-edged sword. Image source: Linkedin (Handle: Harnam Prajapati) With the progression of a second Trump...
Aluminum Association President & CEO Charles Johnson issued the following statement in response the Trump administration’s decision to increase Section 232 aluminium tariffs from 25 per cent to 50 per cent: “Re-establishing a more level playing field for domestic producers is critical but a Section...
Analysts from Morgan Stanley stated that US President Trump's decision to double aluminium import tariffs to 50 per cent could drive up aluminium prices and the costs for its users. Analysts noted that using a premium benchmark of 20 cents per pound for consumers purchasing aluminium in the US...
The world aluminium market is abuzz with optimism once again as futures of the metal on the London Metal Exchange inched higher to USD 2,460 per tonne today from a bottom of USD 2,166 per tonne in April. The hike comes against the backdrop of expectations of top-level trade talks between China and...
The implementation of the United States’ tariff hike to 50 per cent on June 4 instantly prompted a 4.85 per cent surge in the US Midwest duty-paid premium on the physical market on June 5, clocked at USD 973, compared to USD 928 the previous day. Image source: lme.com Trump doubled the aluminium...
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...
The proposed doubling of tariffs on imported steel and aluminium to 50 per cent is sparking concerns across the packaging sector, with warnings that the move could increase food costs and disrupt supply chains. The Can Manufacturers Institute (CMI) and the Aluminium Association have voiced strong...
Futures Market: Overnight, the most-traded alumina ag2509 futures contract opened at RMB 3,053 per tonne, with a high of RMB 3,058 per tonne, a low of RMB 3,024 per tonne, and closed at RMB 3,033 per tonne, down RMB 10 per tonne or 0.34 per cent, with open interest at 305,000 lots. Image for...
