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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The United States metal companies and companies that import metals for their product manufacturing are likely to turn to the Middle East and India for aluminium supplies as they seek to bypass the extensive tariffs imposed by President Donald Trump, according to industry sources. Trump's planned...
Greenwave Technology Solutions, Inc. (‘Greenwave’ or the ‘Company’) (Nasdaq: GWAV), a leader in metal recycling, is primed for significant revenue acceleration following President Trump’s announcement of sweeping tariffs on steel, aluminium, and copper imports. These aggressive trade measures are...
Donald Trump proposed 25 per cent tariffs on Canada and Mexico and 10 per cent tariffs on China are set to take effect on Tuesday, February 4, following his executive orders on February 1 directing the administration to impose duties on these three trade partners. As per the report, an additional...
China wrapped up 2024 with a staggering growth of aluminium foil exports, reaching above 1.5 million tonnes. Although the export volume in December decreased significantly by about 28 per cent month-on-month following the cancellation of export tax rebates and the looming threat of increased...
Commodity markets are factoring in heightened chances that US President Donald Trump’s sanctions on Canadian imports will include raw materials such as oil, according to Goldman Sachs Group Inc., which cautioned that petrol prices in the Midwest could rise if the penalties affect crude flows....
Cargo through the Port of Toledo saw a slight overall decline of about 3 per cent in tonnage for 2024. However, the general cargo sector experienced a significant increase of over 30 per cent. This included a record-breaking year for aluminium, with 330,208 tonnes passing through the Toledo docks,...
Amid various speculations raised by Donald Trump's recently proposed import tariffs on aluminium and copper, the most recent one is the possible impact on domestic consumer good prices. Aluminium industry analysts and participants fear that suggested tariffs on US aluminium and copper imports may...
Some of the news headlines this week in the upstream aluminium industry, particularly in the primary aluminium sector, suggest a potential shift in market dynamics in the near term in the wake of aluminium price drop on alumina supply ease and proposed tariffs on aluminium imports by the US...
Donald Trump's tariff threat following his second presidential term inauguration on January 20 has already sparked speculation among aluminium industry leaders from both the domestic and international markets, prompting them to make strategic decisions regarding overseas trade. For instance, Alcoa,...
At the dawn of the new presidential era on January 20, 2025, Donald Trump announced his intent to impose a 10 per cent tariff on Chinese product imports, including aluminium, as early as February 1. Following the news, the three-month aluminium price on the London Metal Exchange decreased by 0.9...
According to customs data, China's aluminium extrusion exports (HS codes 76041010, 76041090, 76042100, 76042910, 76042990) in December 2024 totalled 74,100 tonnes, down 40.04 per cent M-o-M and 16.58 per cent Y-o-Y. The decline was mainly due to the Ministry of Finance's announcement on November 15...
Import tariff reductions are an effective strategy to boost the domestic market, just as tariff hikes are often used to protect local industries. Recently, the Ministry of Finance of the People's Republic of China reduced import tariffs on ethane and specific recycled aluminium and copper raw...
The United States imports of aluminium plates, sheets and bars stood below 100,000 tonnes for the two consecutive months in the third quarter of 2024, resulting in a dip in the total import volume through Q3. According to the US Geological Survey, the imports of aluminium plates, sheets and bars...
According to a report, the Indian Government may consider addressing the issue of inverted duty structure for some products in the aluminium sector in the forthcoming Union Budget for the fiscal year 2025-26. The news came on December 11 after an official said the government would revisit the...
The Indian aluminium industry has been encountering challenges in recent times, principally due to the surge in competitively priced imports from countries like China. The industry has been advocating for higher import duties to level the playing field and protect domestic producers. But is it at...
Canada’s Parliamentary Budget Officer (PBO), Yves Giroux, estimates that federal revenues will rise by $473 million over five years due to tariffs on Chinese electric vehicles, aluminium, and steel. In October, the federal government implemented a 100 per cent tariff on Chinese-made electric...
The Aluminum Extruders Council (AEC) commends U.S. Customs and Border Protection (CBP) for its decisive action in issuing a forced labour finding against Kingtom Aluminio S.R.L. (“Kingtom”). Following a thorough investigation, CBP determined that aluminium extrusions, profile products and...
China’s aluminium wire and cable exports recovered in October 2024, marking a month-on-month surge of 53.8 per cent and a year-on-year increase of 13.64 per cent. However, the monthly uptick in October was not enough to counter the sluggish performance throughout the year-to-date, attributed to...
