Collapsed Canada tariff talks put Indiana's aluminium jobs back in the spotlight
Indiana has emerged as an unlikely flashpoint in the latest round of US-Canada trade friction, after Washington's now-collapsed negotiations with Ottawa briefly put a proposed cut to aluminium tariffs on the table, one that industry advocates say would have hit the state's fabrication workforce...
US aluminium manufacturers launch alliance to address tariff concerns
US aluminium fabricators, extruders and finished-product manufacturers have launched the American Aluminum Alliance. This is a new trade association representing companies at the downstream end of the country’s aluminium value chain. The alliance brings together manufacturers that use aluminium to...
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North America's apparent aluminium consumption was up 2.2 per cent YoY to 5.7 Mt in the first six months of 2019
Preliminary estimates from the Aluminum Association indicate that aluminium demand in the United States and Canada (shipments by domestic producers plus imports) totalled an estimated 6.4 million tonnes during the first six months of 2019, a slight increase from YTD 2018. Demand for semi-fabricated...
United Steelworkers ready to vote on Alcoa's new 4-year labour agreement for its five U.S. Locations
Alcoa Corporation and the United Steelworkers are at the final stage of agreement on a new 4-year labour agreement for approximately 1,700 active employees at five U.S. Alcoa locations. A long running negotiation process between the Company and the United Steelworkers is finally coming to a...
EPA seeks public input on an aluminium smelting site clean-up
According to a recent report, the United States Environmental Protection Agency is seeking public opinion on the clean-up of an old aluminium smelting site in Benton Harbor. “Benton Harbor is becoming a boom town again and the more contributing parties we can get together to clean up toxic land...
The US exports of aluminium scrap up 14% YoY in the first six months of 2019; China and South Korea top the importer list
The US exports of aluminium scrap in June stood 9.66% higher than the same period last year. Exports came in at 159,000 tonnes in June 2019. On a month-on-month comparison, aluminium scraps exports dropped by 1.85% from May’s export volume of 162,000 tonnes, according to the latest report from US...
Aluminium recovery from scrap in the U.S. drops 7% YoY to 1.7 million tonnes in H1 2019
According to the latest report from United States Geological Survey for aluminum total aluminium recovered from scrap (recovery from purchased, tolled, or imported scrap) in June was 286,000 tonne, essentially unchanged from the revised amount in May, 9% less than the amount in June 2018, and 5%...
US court revives aluminium antitrust cases against Goldman, JPMorgan & Glencore
On Tuesday, a federal appeals court revived aluminium lawsuits by aluminium buyers such as Novelis, Eastman Kodak, Fujifilm and Reynolds Consumer Products, which accused Goldman Sachs, JPMorgan Chase, Glencore and other companies of conspiring to drive up aluminium prices by controlling supply. The...
Future Aluminium Forum will host a discussion session titled “Path to Industry 4.0” during ALUMINUM USA
ALUMINUM USA announced on August 27 that it is joining hands with Future Aluminium Forum, an international technology conference covering all topics related to aluminium and the significance of industry 4.0 in the industry. The Future Aluminium Forum will host a discussion session titled “Path to...
Trump's proposed 10% extra tariff on Chinese import threatens to raise the beer industry costs
On Friday, Trump announced his plans to increase tariffs on US$550 billion of imported Chinese goods over the next two months in retaliation for China’s announcement that it would impose $75 billion in tariffs on U.S. imported products beginning October 1. According to Trump’s proposal, the U.S....
Ball debuts first-ever recyclable aluminium cup to end plastic waste
Ball Corporation launched a pilot of infinitely recyclable aluminium cups in the U.S. to curb plastic waste. Ball developed the cup over the past several years for use at home and in other areas where plastic cups are common. John A. Hayes, chairman, president and chief executive officer said: "As...
Chalco’s net profit dropped by 14.1% YoY in H1 2019 on higher operating costs and lower aluminium prices
According to Reuters report, the net profit of Aluminium Corporation of China Limited, popularly known as Chalco, fell by 14.1 per cent year-on-year in the first half of 2019, attributing to higher costs that offset an increase in revenue. As per the report, Chalco’s net income came in at RMB 705.8...
UAE’s exports of crude metal and alloys to the US up 37% MoM in May
The United Arab Emirates exported 220,000 tonnes of aluminium (crude metal and alloys and aluminium semi-finished products) to the US in the first five months of 2019, from 282,000 tonnes exported in the first five months of 2018. This records a decrease of 21.99% year-on-year. {newsStudioGallery}...
The US considers India “the worst” in terms of tariffs on American products; G7 meeting discusses trade disputes
A top American Senator Lindsay Graham claimed on Sunday, ahead of U.S. President Donald Trump’s meeting with PM Narendra Modi on the sidelines of the G-7 Summit in France that India is “the worst” in terms of high tariffs on American products. He proposed that either the U.S. should increase...
Aluminium semi-finished exports from Taiwan to the US up by 70% YoY but down 30% MoM in May 2019
Taiwan’s exports of total aluminium including scrap to the US stood at 33,000 tonnes in January-May 2019, 217.31% higher than the corresponding period of 2018, according to the latest Mineral Industry Survey report from US Geological Survey. In May, aluminium exports came in at 5,500 tonnes, an...
China to increase import tariffs on U.S. aluminum scrap by 5% from December 15, 2019
China announced that it will impose an extra 5% tariff on imports of copper scrap and aluminium scrap from the United States from Dec. 15, 2019. This was confirmed by a list of retaliatory tariffs published by the Ministry of Finance on Friday, August 23. Beijing had already levied a 25% tariff on...
LME aluminium closed higher after higher Chinese tariff announcement on American goods; SHFE remains flat
The US dollar dipped broadly on Friday after President Donald Trump ordered US companies to start looking for an alternative to China after Beijing imposed more tariffs on American goods. China announced retaliatory tariffs against about US$75 billion worth of US goods, putting as much as an extra...
Hulamin reports drop in revenue for the half year ended 30 June 2019
Hulamin announced unaudited results for the half year ended 30 June 2019. The company reported an operating loss of R77.7 million in the six months compared to an operating profit of R158.5 million last year. This records a plunge of 149% year-on-year. Richard Jacob, Hulamin Chief Executive Officer...
Netherlands aluminium containers export to dip 3% in 2019; USA to be the leading importer
In 2018, over 1 million tonnes of aluminium foil containers were sold globally; sales are likely to proliferate at a moderate y-o-y of over 4 per cent in 2019, as per FMI’s research. Shifting consumer patterns toward effective and sustainable formats has been identified as a key sales influencer of...
India’s total aluminium exports to the US up 16% YoY in Jan-May 2019; exports of crude metal and alloys rise 12%
India’s total aluminium exports including scrap to the US increased 16.35% year-on-year to stand at 121,000 tonnes in January-May 2019. Aluminium export was 104,000 tonnes in January-May 2018. In May, exports came in at 23,400 tonnes, an increase of 1.3% year-on-year, but down 19% month-on-month,...
