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Indian aluminium producers ask for exclusion from US aluminium tariff
15 MAR 20181MINS

Indian aluminium producers ask for exclusion from US aluminium tariff

Indian aluminium producers have urged US government to exclude them from the new tariff as aluminium imports from India do not affect U.S. national security and domestic industry. U.S. President Donald Trump last week signed proclamation that imposed 10 per cent levy on imported aluminium. The...

Bahrain hopes to be exempt from US aluminium tariff
15 MAR 20182MINS

Bahrain hopes to be exempt from US aluminium tariff

Bahrain is hoping it will be granted an exemption from U.S. tariffs on foreign-made aluminium and steel. American Chamber of Commerce Bahrain President, Qays H. Zu'bi said Bahrain is a key strategic ally of the United States and will be given due consideration for an exemption from these measures....

Former Noranda smelter in Missouri to restart two potlines this year
13 MAR 20182MINS

Former Noranda smelter in Missouri to restart two potlines this year

Spurred on by hopes that U.S. President Donald Trump’s 10-percent aluminium tariffs will usher in a better landscape for the production and sale of primary aluminium, the shuttered smelter formerly owned by Noranda Aluminium in the bootheel region of Missouri announced on Friday the restart of two...

Australia exempted from US aluminium, steel import tariff
13 MAR 20181MINS

Australia exempted from US aluminium, steel import tariff

The U.S. President Donald Trump has granted Australia an exemption from its new tariffs following discussions with Australian Prime Minister Malcolm Turnbull. Turnbull said Australia will not join an international protest against the U.S. over aluminium and steel tariffs. "Spoke to PM of Australia....

AMAG’s operating result for 2018 to be hit by US tariffs on aluminium imports
13 MAR 20182MINS

AMAG’s operating result for 2018 to be hit by US tariffs on aluminium imports

AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products has expressed concern over the imposition of 10% punitive tariff on aluminium imports to USA On March 8, 2018. In response to USA’s tariffs on aluminium imports, Helmut Wieser, CEO of AMAG Austria...

Trump’s administration tariff will have indirect effect on Indian exports
12 MAR 20181MINS

Trump’s administration tariff will have indirect effect on Indian exports

Tapan Kumar Chand, CMD, NALCO and Chairman of Aluminium Association of India told PTI that Indian aluminium industry will be not significantly affected by aluminium tariff. Since India already has a large export market in the ex-USA world so tariff will affect a small portion of its aluminium...

European Aluminium says 10% US tariff on aluminium requires immediate action from the EU
11 MAR 20182MINS

European Aluminium says 10% US tariff on aluminium requires immediate action from the EU

European Aluminium, the voice of the entire aluminium value chain, is confident the EU Commission will do everything it can to exempt European countries from the 10% US tariff in the next 15 days, but requests immediate market surveillance and the implementation of safeguard measures if proven...

Major Asian nations express reactions over Trump's decision to impose tariffs on steel and aluminium imports
10 MAR 20183MINS

Major Asian nations express reactions over Trump's decision to impose tariffs on steel and aluminium imports

Major Asian nations have expressed strong concern and reaction to U.S. President Donald Trump's decision to impose tariffs on steel and aluminium imports on Friday. They feared the tariffs will damage global trade relations and urged for a unified call for retaliation. President Donald Trump has...

SAF’s operations to be affected by U.S. aluminium tariff
09 MAR 20181MINS

SAF’s operations to be affected by U.S. aluminium tariff

Southern Aluminium Finishing (SAF), a manufacturer and distributor of aluminium products, could be hit by Trump’s latest move that imposed tariff on imported aluminium. A 10 per cent tariff on aluminium imports is expected to affect company’s operations. Aluminium tariff will raise its costs and...

Trump signs proclamation on aluminium, steel tariffs, exempts Canada, Mexico
09 MAR 20182MINS

Trump signs proclamation on aluminium, steel tariffs, exempts Canada, Mexico

President Donald Trump has signed proclamation imposing 10 per cent tariff on aluminium and 25 per cent levy on steel. The new tariffs will go into effect in 15 days. The move is likely to face retaliation from its major trading partners, the European Union and China. Trump said Canada and Mexico...

European Aluminium responds to EU Trade Commissioner Malmström's press conference on potential US tariffs
08 MAR 20182MINS

European Aluminium responds to EU Trade Commissioner Malmström's press conference on potential US tariffs

European Aluminium applauds EU Trade Commissioner Cecilia Malmström’s statements concerning the potential US tariffs against all aluminium products from Europe. The association representing the entire aluminium value chain with more than 600 plants all across Europe encourages the executive body to...

LME  aluminium edges down further amid trade tensions;  SHFE follows suits with bearish trend
08 MAR 20182MINS

LME aluminium edges down further amid trade tensions; SHFE follows suits with bearish trend

Concerns that the U.S. could slap down import tariffs on aluminium as well as steel have dragged those metals down. LME aluminium edged down during yesterday’s trading and overnight and is set to test support at $2,100/mt today. LME aluminium is struggling under increasing downward pressure and...

China's exports of unwrought aluminium and products increases 25.8% in January-February
08 MAR 20181MINS

China's exports of unwrought aluminium and products increases 25.8% in January-February

China's exports of unwrought aluminium and aluminium products increased 25.8 percent in the first two months of 2018 from the same period last year. The country exported 817,000 tonnes of unwrought aluminium and aluminium products in January-February 2018. Chinese exports of unwrought aluminium and...

New tariffs will negatively impact construction industries, says AIA
07 MAR 20182MINS

New tariffs will negatively impact construction industries, says AIA

Trump’s proposed tariffs on aluminium and steel imports will have negative impact on U.S. design and construction industries, according to the American Institute of Architects (AIA) President Carl Elefante, FAIA, and EVP/Chief Executive Officer Robert Ivy, FAIA. The action will increase the prices...

Japan aluminium industry urges U.S. to abandon tariffs plan
07 MAR 20181MINS

Japan aluminium industry urges U.S. to abandon tariffs plan

Japan’s aluminium industry is urging Trump to not advance with his tariffs plan, saying the action will damage country’s business and will increase uncertainty for future trade relations. U.S. President Donald Trump announced last week that he will impose a 10 per cent tariff on imported aluminium...

Novelis says aluminium tariffs will increase costs for consumers
07 MAR 20182MINS

Novelis says aluminium tariffs will increase costs for consumers

Novelis, the biggest buyer of aluminium in the US, says President Donald Trump’s proposed tariffs on the metal don’t “get at the core issue” of Chinese overcapacity and will only increase costs for consumers. The Atlanta-based company, which makes aluminium for the car and beverage can industries,...

U.S. tariff on aluminium has minimal impact on business, says Press Metal Aluminium
06 MAR 20182MINS

U.S. tariff on aluminium has minimal impact on business, says Press Metal Aluminium

Since Press Metal Aluminium exports minimal amount of primary aluminium products to the United States, Trump’s proposed tariffs on aluminium and steel imports will have minimal impact on its business. Malaysia’s Press Metal said in an exchange filing on Monday, March 5. “We understand that the...

Trump may exempt tariffs if ‘new & fair NAFTA agreement is signed’
06 MAR 20181MINS

Trump may exempt tariffs if ‘new & fair NAFTA agreement is signed’

President Donald Trump announced that his tariffs plan on imported aluminium and steel might be exempted Mexico and Canada if they agree to a new & fair NAFTA agreement. "We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for USA....