US imported 11.5x more primary aluminium from Canada than it exported in semi-fabricated form in H1 2026 - know why
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 launches new exporter review on Chinese aluminium extrusions, sets 21.94% deposit rate
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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India to postpone retaliatory tariff worth of $235 million against the Trump administration
India is found compassionate towards the United States agreeing to defer its heavy duties on US$ 235 million worth of 29 American goods by 45 days from August 4, upon a request by the US, sources said. This countermeasure by India was a retaliatory act against the Trump administration’s decision to...
Canadian microbreweries face shortage of beverage cans and higher costs on retaliatory tariffs on can import
As Canada has imposed retaliatory import duties on U.S. aluminum product imports in the busy summer season, Canadian microbreweries are facing a shortage of beverage cans and higher costs leading to beer production cut to a certain extent, a Reuter report says. Though Canada is the world’s third...
Honda’s operating profit records at $2.69 billion in Q1 FY2018-19, highest in more than a decade
The promising results and earnings outlook from Japan’s No. 3 automaker Honda Motor stands in stark in contrast to the bearish forecasts from several other automakers hurt by rising raw material costs due to additional US metal tariffs and possible higher duties on imported vehicles. Resisting the...
China’s aluminium foil export to US likely to see a decline in CY2018 after YoY growth in two previous years
According to the global export-import data, China’s aluminium foils export to the United States is estimated to see a decline in calendar year 2018 after successive hikes in past two consecutive years. In 2018, the expected export volume from China to the US stands at 1, 80, 475 tonnes, 9.5 per...
The White House Economic Council Director shares opinion on US aluminium tariffs on China and EU
The director of the White House National Economic Council on Sunday, July 29, staunchly defended the US President Donald Trump’s use of targeted tariffs against China and appreciated President’s no tariffs decision on the European Union. During an interview on CNN’s State of the Union, Larry Kudlow...
Hulamin earnings hit heavily by US steel and aluminium tariffs
JSE-listed aluminum producer, Hulamin, on Monday reported a 77 percent decline in headline earnings per share for the six months ended June 30, down to 13 cents per share as the rand was stronger against the dollar in the reporting period. The local manufacturer said that volatility in its markets...
Nissan’s net profit reportedly dipped 14% in Q1 FY2018-19 amid US aluminium and steel tariffs
On Thursday, July 26, Nissan Motor Co. echoed Detroit’s concerns over material costs hike due to higher aluminium and steel tariffs. Increased prices of the metals on the face of heavy tariffs were the biggest drag on Nissan’s profitability in the first quarter of FY2018-19 ended on June 30. More...
Coca-Cola announces price hike on increasing metal and shipping prices due to import tariffs
Donald Trump’s aluminium tariffs have already started showing colours in the end user segment. After a series of can makers, automakers and construction companies expressing concern over cost increase and possible price increase on consumers, now is the turn for Coca-Cola, one of the most iconic...
Japan's aluminium industry fears the impact of possible US import car tariffs
On Wednesday, July 25, the head of a Japan trade body said that the country’s aluminium industry seems to be more concerned over the possible US tariffs on automobiles and automobile parts than the duties on aluminium. That’s because Japanese firms are confident that the kind of high-end...
Dutch recycled aluminium producer Metalcorp to shift its Amsterdam headquarters to Luxembourg
Metalcorp, one of Europe's leading independent producers of secondary aluminium slabs (recycled aluminium) based at Amsterdam has announced their plan to shift its Amsterdam headquarters to Luxembourg. The company expects to save up to €1 million through the relocation. The move comes as an...
Trump agrees to ease car tariffs on EU to calm trade war fears
After a meeting at the White House on July 25, US President Donald Trump and European Commission President Jean-Claude Juncker appeared to reach a deal to quell all the trade barriers between the two countries. Trump agreed to ease sweeping tariffs on the EU-assembled cars, while Jean-Claude...
Whirlpool says US tariffs on aluminium and steel hurting costs
Home appliance manufacturer Whirlpool, an early supporter of tariffs to protect US washing machines, said that US tariffs on aluminium and steel were raising sharply the costs of raw materials, contributing to a slump in second-quarter earnings, and shares fell 15 per cent to a two-year low. The...
Sweeping tariffs & restrictions brought Y-o-Y decline to China’s aluminium scrap import in June
China’s aluminium scrap import in June remained at a lower level given the sweeping tariffs and restrictions Chinese aluminium scrap imports. Shanghai Metals Market believes that this downtrend is likely to stay even in the month of July on continued trade disputes between China and the United...
Hydro’s Q2 2018 EBIT for primary aluminium sees 49% Q-o-Q decline on lower production growth
Hydro in its latest report has unveiled results of the second quarter of 2018, covering each product like bauxite, alumina, primary aluminium, and downstream exclusively. In one of our previous news, we have already discussed the results of bauxite and alumina production. Now, coming to primary...
Chinese aluminum foil maker sues U.S. over anti-dumping duties
Chinese aluminum foil producer Shantou Wanshun Package Material Stock Co. on Monday said its subsidiary is suing the United States over twin anti-dumping and anti-subsidy duties Washington imposed on its shipments. In a statement to the Shenzhen Stock Exchange, Wanshun said Jiangsu Zhongji...
US business giants lobby to discourage Trump from levying further tariffs on imported steel, aluminium and vehicles
Right from Amazon to Toyota to Alcoa, big companies in the United States are striving hard to discourage the US President Donald Trump from tearing up trade agreements or introducing additional imported tariffs on aluminium and steel and foreign vehicles, but without getting involved into any kind...
US beer and canning industry continues to worry over price and premium hike from aluminium tariffs
Local breweries in the US that rely heavily on aluminium cans are starting to feel the pinch of import tariffs on aluminium products imported from Canada. Winnipeg is home to over 20 different local beer breweries that now have no other choice than to pay the tariff in order to continue producing...
Domestic auto industry pleads Trump to drop his tariff plans on imported vehicles
The US automotive industry pleaded President Donald Trump on Thursday, July 19, to reject higher tariffs on vehicle imports, saying that these additional tariffs could cripple domestic manufacturing and cause job loss. The pleas came followed by the European Union’s announcement of preparing a list...
