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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U.S. treasury sanctions a network of companies procuring aluminum products for Iranian nuclear program
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) put sanctions against a network of front companies and agents on July 18, 2019, who are involved in the procurement of aluminium materials for sanctioned elements of Iran’s nuclear program. The sanctioned individuals and...
South Korea’s aluminium semi-finished imports from US rise 5% in four-month period; exports up by 164%
South Korea's imports of aluminium including scrap from the US stood at 105,000 tonnes in the first four months of 2019, 31 per cent higher than the corresponding period of 2018. Imports were 27,300 tonnes in April as compared to 22,100 tonnes in April 2018. Aluminium semi-finished imports from the...
Aluminium semi-finished exports from Taiwan to the US soar by 332% YoY in Jan-Apr
Taiwan’s exports of total aluminium including scrap to the US came in at 27,500 tonnes in the first four months of 2019, 290% higher than the corresponding period of 2018, according to the latest Mineral Industry Survey report from US Geological Survey. In April, aluminium exports to the US stood...
Braidy Industries lacks enough private investment to construct its aluminium rolling mill; seeks alternative financing
According to a regulatory filing on Monday, Braidy Industries still lacks about US$300 million in private investment to fund construction of its Kentucky aluminium rolling mill. The filing also says that half of Rusal’s US$200 million investment in the mill is dependent on Braidy’s ability to raise...
The U.S. primary aluminium production up by 40% in H1 2019; Canada production drops about 3%
The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported primary aluminium production in North America (U.S. and Canada) was at an annual rate of 3,991,956 tonnes during June 2019, a drop of 13,354 tpy or 0.3% from May 2019. The production rate in the U.S. was off...
Bahrain’s exports of aluminium to US up 9.4% YoY in Jan-Apr; semi-finished exports marginally up
Bahrain, one of the leading aluminium exporters to the US, accounted for 4% of all aluminium imports by the US during the first four months of 2019. Bahrain exported 71,000 tonnes of aluminium (crude metal and alloys and aluminium semi-finished products) to the US in January-April, from 64,900...
White House to send USMCA agreement to Congress for approval after Sept 1; likely to be voted by the end of 2019
According to a CNBC report, the White House plans to send the draft of United States Mexico Canada (USMCA) agreement to Congress after September 1 and it is likely to be voted by the end of the year. The White House could submit the bill to Congress as soon as this week to start the approval...
US crude metal and alloys imports down 26% YoY in Jan-Apr; exports drop by 19%
The U.S. imports of crude metal and alloys decreased from 1.64 million tonnes in the four-month period of 2018 to 1.21 million tonnes in the four-month period of 2019, which indicates a 26 per cent decrease year-on-year. Crude metal and alloys imports stood at 314,000 tonnes in April, down 18 per...
Top five aluminium exporters to the U.S. in January-April 2019
The U.S. total imports of aluminium for consumption stood at 1.95 million tonnes in the first four months of 2019, 18 per cent less than 2.38 million tonnes in the first four months of 2018, according to the latest Mineral Industry Survey report from US Geological Survey. Imports of aluminium...
U.S. import of bauxite drops 14% QoQ in the first quarter of 2019; Jamaica remains the top bauxite exporter
According to the latest USGS release on Bauxite and Alumina in the First Quarter of 2019, imports of crude and dried bauxite by the U.S. in Q1 2019 were 748,000 tonnes, 14% less than the revised total of 873,000 tonnes in the fourth quarter of 2018. However the volume 7% more than the revised total...
US drags India to WTO alleging customs duties on 28 American products violating international trade norms
According to a recent report, the United States on Thursday, July 4, lodged a complaint to the World Trade Organisation against India’s move to impose customs duties on 28 American goods, alleging the decision violates international trade norms. Last month, the Indian government had announced an...
U.S. China trade talks are likely to resume next week over a principal-level phone call
United States and China are expected to resume talks next week to resolve their year-long trade war, an update from Trump office said on Wednesday. A principal-level phone call between the officials of the two countries is to be scheduled for next week. "Those talks will continue in earnest this...
US exports of aluminium semi-finished products plunge 15.6% YoY in April, but up 4.75% MoM
The US exports of aluminium semi-finished products (plates, sheets, bars, etc.) decreased 14,700 tonnes or 15.62 per cent year-on-year to stand at 79,400 tonnes in April 2019. On a month on month comparison, the export volume increased 4.75 per cent from March export volume of 75,800 tonnes,...
Novelis remains firm on Aleris acquisition deal despite objections from EU antitrust regulators
Reuters said that the U.S. aluminium roller and recycler Novelis, a subsidiary of Aditya Birla Group, India, has no plans for now to offer concessions on the deal to buy Aleris. The company remains firm despite EU antitrust objections over its US$2.6 billion deal to buy aluminium processor Aleris....
US secondary aluminium recovery registers a decline of 6% YoY in April
According to the latest report from US Geological Survey, total aluminium recovered from scrap came in at 288,000 tonnes in March, the same as the revised amount in March. That was 6 per cent less than the amount in both April 2018 and April 2017. Of this, 161,000 tonnes of aluminium was recovered...
U.S. exports of aluminium scrap up 16% YoY in Jan-April; China and South Korea remain the top importers
The U.S. exports of aluminium scrap registered 170,000 tonnes in April 2019, according to the latest report from US Geological Survey. The export volume increased 14.09 per cent from 149,000 tonnes exported in April 2018. On a month-on-month comparison, exports increased 4.29 per cent from March’s...
PepsiCo to replace Aquafina plastic water bottles with aluminium cans in its U.S. locations
As an initiative towards cutting down the use of plastic in its products, PepsiCo is planning to replace its Aquafina plastic water bottles with aluminium cans in the U.S. Consumer backlash against the use of plastic has been growing across the country because of its terrible impact on the ocean...
Semi-finished aluminium demand in the US and Canada up 2.6 per cent through April 2019
According to the preliminary estimates of Aluminum Association, aluminium demand in the United States and Canada, including shipments by domestic producers plus imports, stood at an estimated 4.3 million tonnes through April of 2019, a slight increase from YTD 2018. Through the first four months of...
