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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Encore Wire welcomes Commerce Department ruling on aluminium wire and cable imports from China
Encore Wire Corporation, a leading manufacturer of a broad range of electrical building wire, has issued the following statement in response to the U.S. Commerce Department’s preliminary affirmative determination in the antidumping (AD) investigation on imports of aluminium wire and cable from...
Top five aluminium exporters to the U.S. during the first 3 months of 2019
The U.S. total imports of aluminium for consumption during the first 3 months of 2019 stood at 1.44 million tonnes, 20% less than 1.81 million tonnes in the same period in 2018, according to the latest Mineral Industry Survey report from US Geological Survey. The U.S. imported 509,000 tonnes of...
Australian PM insists the country is complying with terms of trade with the U.S.; aluminium tariffs are unlikely
Reacting to a report from The New York Times, claiming that Trump administration was advised on imposing tariffs on Australian steel and aluminium, Australian Prime Minister Scott Morrison said on Monday that the country has been complying with the terms of the trade deal with the U.S. It was...
Commerce Department issues preliminary AD duties on Chinese aluminium wire and cable
The U.S. Department of Commerce announced the affirmative preliminary determination in the antidumping duty (AD) investigation on imports of aluminium wire and cable from China. The Commerce Department found that exporters from China dumped aluminium wire and cable in the United States at a margin...
Australian aluminium yet again safe from Donald Trump's tariff bullet
According to the New York Times report, some of the United States top trade advisers including Robert Lighthizer, the US trade representative, and Peter Navarro, the director of the White House Office of Trade and Manufacturing Policy, had urged the Trump administration to impose tariffs on...
En+ Group, Rusal's parent company reports 39% drop in Q1 net profit due to US sanctions and lower aluminium price
En+ Group, the parent company of Rusal, which covers the energy and aluminium assets previously belonging to business tycoon Oleg Deripaska reported its first-quarter results on Friday, May 31. The group’s first-quarter net profit fell by 39% to US$409 million due to the U.S. sanctions on the group...
US aluminium production up 31% YoY in March; secondary recovery drops 7%
According to the latest report from US Geological Survey, US domestic primary aluminium production came in at 93,000 tonnes in March 2019. The average daily production was 3,000 tonnes, up 31 per cent year-on-year, but down 3 per cent month-on-month. Total aluminium recovered from scrap stood at...
US exports of aluminium scrap up 17% YoY in three-month period
According to the latest report from US Geological Survey, the U.S. exports of aluminium scrap increased from 143,000 tonnes in March 2018 to 163,000 tonnes in March 2019, which indicates a 14 per cent growth year-on-year. On a month-on-month basis, exports increased 9.4 per cent from February’s...
China’s aluminium alloy wheel export drops 9.6% MoM; This trend likely to extend ahead
According to Shanghai Metals Market, China’s aluminium alloy wheel export in April dropped 9.6 per cent month on month. In March 2019, the country’s aluminium alloy wheel export was around 63,642 tonnes, while in the last month it pegged at 70,400 tonnes. On the yearly basis, the export amount is...
Aluminium demand in the U.S. slightly up in Q1 2019; apparent consumption up 1.3% YoY
According to the preliminary estimates from Aluminum Association, aluminium demand in the United States and Canada, including shipments by domestic producers plus imports stood at an estimated 3.25 million tonnes from January to March 2019, slightly up from the same period of 2018. Demand for...
United Steelworkers agrees on a strike against Alcoa and Arconic if negotiations over new contracts do not move forward
Nearly 500 members of the local chapter of the United Steelworkers union at Massena cast their votes Friday night in support of a strike against Alcoa and Arconic as negotiations over new labour contracts with them broke off in mid-May. However, the leaders insisted that they are “not going in...
Japan's auto lobby expresses discontent at Trump's declaration of a security threat from imported vehicles and parts
U.S. President Donald Trump declared last Friday, May 17 that some imported vehicles and parts pose a national security threat to the U.S. leading to serious displeasure among most of its trade allies including the Japan's automakers' lobby. The White House document also hinted that it would seek...
Turkey reduces import tariffs on US products by half
Turkey has reportedly lowered tariffs by half on some US imports in response to the United States’ move to halve tariffs on Turkish aluminium and steel imports. The news came after the official gazette revealed on Wednesday, May 22. Turkey Trade Minister Ruhsar Pekcan wrote on Twitter,...
UAE’s exports of crude metal and alloys to US up 15% YoY in Jan-Feb
The United Arab Emirates exported 92,700 tonnes of aluminium (crude metal and alloys and aluminium semi-finished products) to the US in the first two months of 2019, according to the latest Mineral Industry Survey report from US Geological Survey. In February alone, exports to the US stood at...
Trump delays auto tariffs for six months; however, uncertainty looms large on automakers and part makers
U.S. President Donald Trump declared last Friday, May 17 that he agreed to the Commerce Department’s decision that some imported vehicles and parts pose a national security threat to the U.S. However, the White House delayed the auto tariff decision for about six months to allow more time for trade...
European Aluminium expects Europe should be next to be exempted from 10% tariff on aluminium
European Aluminium expects that Europe should be the next to be exempted from 10% tariff on aluminium products after the lifting of 232 tariffs on aluminium from Canada and Mexico, a press statement from the association says. Commenting on the matter European Aluminium Director General Gerd Götz...
Canada removes retaliatory tariffs on US aluminium and steel
Canada’s Finance Minister Bill Morneau declared on Monday, May 20, that the country lifted the retaliatory tariffs on aluminium and steel, as well as more than 70 other products including licorice, coffee, sleeping bags and ketchup from the United States. “The removal of tariffs and countermeasures...
Malaysia’s aluminium scrap imports from US up 72% YoY in two-month period
Malaysia imported 14,300 tonnes of aluminium including scrap from the USA in February, 81.7 per cent higher than the corresponding period of 2018, according to the latest Mineral Industry Survey report from US Geological Survey. Imports increased 41.58 per cent from January’s import volume of...
