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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Jaguar Land Rover announced that it will close its Solihull plant in Britain for two weeks this month. The decision was driven by 50 per cent decline in China sales as import duties on steel and aluminium and a trade war with the United States curb demand. China's automobile sales have been falling...
Executive board member of German aluminium producer Trimet Aluminium, Thomas Reuther said that he expects strong aluminium demand in 2019. However, forecast continues to remain difficult due to the global impact of U.S. import duties, according to him. He pointed towards higher alumina price as a...
Indian aluminium makers including Hindalco Industries and Vedanta Ltd. are reportedly boosting sales to Japan amid the United States’ lofty import tariffs and sanctions against Rusal. Usually, Japan, being a quality concerned consumer, never regarded the products from India a high enough quality....
Aluminum Association president and CEO Heidi Brock issued a statement expressing disappointment as the Section 232 aluminium tariffs were not addressed during United States-Mexico-Canada Agreement (USMCA). She opined that this was the perfect opportunity for the U.S. to work with Canada and Mexico...
Aluminium Association of Canada president and chief executive officer Jean Simard hopes the new United States-Mexico-Canada Agreement (USMCA) reached on Sunday September 30 will lead to a swift resolution of the dispute over 10% US tariffs imposed beginning June 1. A side letter aiming to prevent...
BendTec Inc., the 100-year-old, 140-worker Duluth company wants an exclusion from President Donald Trump’s 25 per cent tariff on steel. Six other Minnesota companies that make products using steel or aluminium have made similar claims of insufficient U.S. supplies to the federal government. Trump’s...
The 24-year old North American Free Trade Agreement (NAFTA) reportedly underwent modest revisions on Sunday, September 30, to build up a last-gasp between the United States, Canada, and Mexico. This new deal called the US-Mexico-Canada Agreement, or USMCA, is meant to rescue a US$1.2 trillion...
The US and Japan announced intentions to start negotiations on a new free trade agreement after a meeting between President Donald Trump and Japanese Prime Minister Shinzo Abe on Wednesday September 26. This indicates that the two countries would not impose new tariffs on each other during the...
The Trump administration formally turns down India’s urge for an unconditional exemption from the US aluminium and steel tariffs, reported Commerce Ministry officials to the BusinessLine . A meeting, led by Assistant US Trade Representative Mark Linscott, was held early this week in Washington with...
According to the latest Mineral Industry Survey report from US Geological Survey, aluminium scrap exports by the USA stood at 137,000 tonnes in July 2018, down 5.5 per cent from June 2018 total of 145,000 tonnes. Total scrap exports stood at 965,000 tonnes in the first seven months of 2018. The US...
Ford chief executive officer Jim Hackett said Wednesday at a Bloomberg business forum that Trump administration's tariffs on imported aluminium and steel will cost the company $1 billion in profits. The second-largest U.S. automaker said the figure is year-over-year increase from March through...
President Donald Trump has threatened to impose severe economic penalties against Canada if it does not agree to his modified trade policies. Trump announced his plan to effectively terminate the North American Free Trade Agreement during a press conference and impose steep tariffs on all...
A report discussed during London’s corporate services committee meeting on Tuesday September 25 showed that London could be hit by the side effects of Trump’s 25 per cent tariffs on steel and 10% on aluminium. Whoever is elected during municipal election will have to find a way out to manage the...
2018 first half has seen some unprecedented developments in the global alumina and aluminium market scenario that have turned the market upside down making all previous forecasts redundant. The initiations The aluminium supply scenario received the first hit when Trump imposed a global tariff of 25...
Russia estimates its losses from steel and aluminum tariffs introduced by the United Statesa at $600 million, Russian Economic Development Minister Maxim Oreshkin said in an RT interview. "We have already calculated the damage done to our economy by this decision of the United States, it stands at...
A planned share sale in the UAE could be the latest casualty of President Donald Trump’s trade policies. For instance, Emirates Global Aluminium, owned by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai, has already delayed its initial public offering (IPO), as per the...
Canada’s Aluminum Valley or the heart of the aluminium industry lies along a 50-mile stretch of the Saguenay River in the region of Saguenay—Lac-Saint-Jean, a two-hour drive north of Quebec City. The five aluminium smelters operating in the region account for 50% of Canada’s aluminium production....
In a massive relief for India, the United States is all set to exempt Indian aluminium and steel from the higher tariff regime announced by President Donald Trump's administration this March. But the exemption is likely to come with riders, a top government official tells ET Now. "The US has agreed...
