At the US-Canada border, aluminium is constantly on the move, but the direction of trade is far from balanced. In the first six months of 2026, the US imported 907,581.44 tonnes of primary aluminium from Canada, while exporting only 78,886.12 tonnes of semi-fabricated aluminium products such as...
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...
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According to the preliminary estimates from Aluminum Association, aluminium demand in the United States and Canada, including shipments by domestic producers plus imports stood at an estimated 2.1 million tonnes for January and February 2019, slightly down from the same period of 2018. Demand for...
Canada's Ambassador to the United States David MacNaughton said on Thursday that there is no negotiation going on between the US and Canada over U.S. President Donald Trump's tariffs on Canadian steel and aluminium. He also said that parliament is not likely to approve the USMCA if Trump...
According to the European Central Bank, the European Union will not be severely impacted in the short term by the proposed of car tariffs by the US on EU. However, the growing trade tensions among the countries could have serious consequences for the global economy. An ECB research shows that the...
Aluminum Association released a new white paper, Targeted Trade Enforcement in Action: Aluminum Foil AD/CVD One-Year Later yesterday. The paper highlights the progress made after the Commerce Department’s final application of antidumping (AD) and countervailing duty (CVD) orders on imports of...
Novelis says US aluminium tariffs on Canada are hurting downstream companies like Novelis in Oswego. The companies including Novelis are paying tariffs to import aluminium from Kingston, Ontario. Novelis has sought exclusions from the federal government on some of their imported aluminium products....
During Alcoa’s first quarter earnings call on April 17, Alcoa CEO Roy C. Harvey highlighted aluminium trade imbalance, Chinese overcapacity, Section 232 tariffs and the proposed quota on Canada’s aluminium export to the U.S. He said that in China downward domestic demand growth is constantly being...
Aluminium Foil is the 276th most traded product and China remains the top global exporter of aluminium foil exporting foils worth about US$3.4 billion every year. Aluminium foil being one of the most exported product by China, we would analyse if the exports were impacted by the import tariffs and...
While Canada and Mexico have signed the new USMCA trade deal with the US; there is still no confirmation on whether the US will remove the aluminium tariffs on its two big trading partners without imposing any import quota. The 10% tariff on imported aluminium that was imposed in March 2018 by...
Last week, a few leading downstream aluminium producers urged the Trump administration to remove the tariffs as they could not stop Chinese overcapacity. Top industry executives including JW Aluminum CEO Lee McCarter said that despite the tariffs, it’s still cheaper for U.S. manufacturers to buy...
Commerce and Industry Minister Suresh Prabhu said India is planning to host an informal gathering of trade ministers from about 20 member nations of the World Trade Organization next month. The agenda is to discuss the interests of least developed countries amid growing challenges for global trade....
Followed by discussion and consultation with departments like IT and agriculture, India has made an offer to the US to resolve trade issues between the two countries. The news came after Union Minister Suresh Prabhu told PTI on April 3 that "We have consulted all the ministries and we have given...
A government of India announcement said that anti-dumping duties on selected four-wheeler aluminium alloy wheels from China, Korea RP, and Thailand have been extended for another five years. Two domestic companies Synergies Castings and Kosei Minda Aluminum Company filed a petition to extend the...
While the trade negotiations are going on between the US and China, both the countries are showing goodwill gestures by refraining from levying extra tariffs on each other’s products. China's State Council announced on Sunday that China will not impose additional tariffs on U.S. vehicles and auto...
Fives is a business conglomerate from France having diversified business interest. The company specialises in designing and supplying machines, process equipment, and production lines for the world’s largest industrial groups including the aluminium, steel, glass, automotive, aerospace, logistics,...
The Finance Minister of India has reportedly notified that the retaliatory customs duties on 29 US products have been extended, yet again, till May 2, 2019. This is perhaps the seventh time that the Indian government has postponed the duties. Earlier, the deadline was on April 1. Since June 2018,...
The U.S. auto industry is forming a strong lobby to push President Donald Trump against imposing new tariffs on imported cars and parts. They argue that such tariffs would handicap an industry which is already facing slow growth. The Groups have brought together automakers, dealers, parts suppliers...
China Customs data estimates aluminium extrusion, bar, and rod (under five HS codes) exports by China likely to rebound in March after a sharp drop last month. In February, China’s exports of aluminium extrusion, bar, and rod had reduced to 42,500 tonnes, down 63.81 per cent from the previous month...
Beer Institute that represents the American brewing industry forecasted last year that aluminium and steel tariffs would cost the beer industry US$347 million and may cost about 20,000 jobs. Harbor Aluminum, an aluminium industry intelligence group was commissioned by a lobbying group to do a study...
