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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US aluminium production up 34% YoY in April 2019, Canada production drops slightly
The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported primary aluminium production in North America (U.S. and Canada) in April stood at 330,667 tonnes. Production is Canada was 235,778 tonnes, down about 2% YoY. US produced about 94,889 tonnes of aluminium in...
LME aluminium continued the weak trend during Friday night after lifting of tariffs on Canada and Mexico; SHFE remains rangebound
The US dollar index on Friday advanced to its highest level in two weeks near 98 as the heavy selling pressure surrounding the major European currencies allowed investors to return to the relatively safer greenback. Base metals ended lower across the board as LME aluminium lost over 1%. SHFE...
Aluminium die-casting supplier Sundaram Clayton Limited opens a plant in Dorchester County
Sundaram Clayton Limited (SCL), a leading aluminium die-castings supplier to the automotive and non-automotive sector, has officially opened a plant in Dorchester County in the Lowcountry, a geographic and cultural region along South Carolina’s Coast. The project is worth US$90 million and is...
US congressmen urge for an investigation into Rusal's investment in Braidy's rolling mill
A group of Congressional leaders in the US have requested the Trump administration to review Rusal’s investment in the Braidy aluminium rolling mill. Eight prominent Democratic lawmakers with leadership roles in committees with oversight, banking and national security responsibilities, including...
Canadian aluminium gets total exemption on US Section 232 tariffs
The US administration has announced the complete and permanent lifting of tariffs on aluminium imports from Canada, as well as a commitment to jointly address potential issues of transshipment, dumped or subsidized metal and surges that could impact the North American value chain. According to Jean...
US exports of semi-finished products down 13% YoY and 6% MoM in February
According to the latest Mineral Industry Survey report from US Geological Survey, the US exports of aluminium semi-finished products (plates, sheets, bars, etc.) came in at 73,000 tonnes in February 2019, down 13 per cent from 83,900 tonnes in February 2018.On a month on month comparison, the...
Alcoa and United Steelworkers agree to extend negotiations on labour contract in its five US locations
Alcoa Corporation, a leading global producer in bauxite, alumina, and aluminium products, has agreed to extend the existing labour contract with the United Steelworkers. Alcoa has agreed to reach a new multi-year labour agreement covering about 1,700 active employees at five U.S. locations. The...
Treasury Secretary indicates an end of steel and aluminium tariffs on Canada and Mexico soon
According to a Canadian media report a top Trump administration cabinet member has said the punitive steel and aluminium tariffs on Canada and Mexico will be lifted very soon. U.S. Treasury Secretary Steven Mnuchin said the U.S. is close to reaching an “understanding” with Canada and Mexico in the...
US aluminium import drops 14% YoY in Jan-Feb 2019; semi-finished import drops about 5%
According to the latest report from US Geological Survey, aluminium demand in the United States and Canada, including shipments by domestic producers plus imports stood at an estimated 2.1 million tonnes for January and February 2019, slightly down from the same period of 2018. Total aluminium...
India again postpones retaliatory import tariffs on US goods to June 16
The Indian government has once again postponed the deadline to impose retaliatory import duties on 29 US products, including almond, walnut, and pulses, by a month. In a notification issued by the finance ministry, the government said that the implementation of increased customs duty, which was...
US-China trade war escalates with tariffs and counter-tariffs on each other; auto sector to get an impact along with others
In the midst of two days of talks between top US and Chinese negotiators to resolve a 10-month trade war between the world's two largest economies, US President increased tariff on US$200 billion worth of Chinese goods by 25 per cent effective Friday, May 10. The US Customs and Border Protection...
US aluminium production increases 42% YoY in February; secondary recovery declines 7%
According to the latest report from US Geological Survey, US domestic primary aluminium production stood at 87,000 tonnes in February 2019. The average daily production was 3,100 tonnes, up 42 per cent Year-on-Year. Primary aluminium production increased slightly from January and 54 per cent from...
US exports of aluminium scrap up 18% YoY in Jan-Feb; China and South Korea top the importer list
According to the latest report from US Geological Survey, the U.S. exports of aluminium scrap came in at 149, 000 tonnes in February. The figure was up 22,000 tonnes or 17.32% from February’s 2018 total of 127,000 tonnes. On a month-on-month basis, exports increased 6.43% from January’s export...
Iran to continue aluminium exports to its neighbours despite US sanctions
Iran will continue to exports aluminium to its neighbouring countries despite US sanctions, the secretary of Iran Aluminium Industries Syndicate Abolfazl Rezaiee said. On Wednesday, US President Donald Trump signed an executive order imposing sanctions on the Iranian aluminium, iron, steel and...
Commerce Secretary Wilbur Ross defies claims of price rise after tariffs on aluminium and steel
It has been a year President Trump announced tariffs on steel and aluminium. Further tariffs on Chinese goods were started kicking-in a few months later and in late September of 2018 a 10 per cent import duty was applied to US$200 billion of Chinese goods. A report from the Department of Labor in...
US sanctions on Iran's aluminium sector to have minimum impact on Asia
According to a Platts report, traders in Asia are of the view that the impact of US sanctions on the Iranian copper and aluminium sectors would be minimal on Asia as Iranian exports to the region have been marginal. US President Donald Trump Wednesday signed an executive order imposing sanctions on...
Dajcor Aluminum invests $19.6 million for US operation, adds 265 jobs
Aluminium extrusion supplier Dajcor Aluminum is making nearly $19.6 million investment to set up its first manufacturing facility in the USA. This will create up to 265 full-time jobs in Eastern Kentucky. Kentucky Governor Matt Bevin made the announcement on Friday, May 10. "We are excited for...
Trump administration announces new sanction on Iranian steel, iron, aluminium and copper industries
According to a White House Report, the Trump administration announced new sanctions on Iran's metals sectors on Wednesday under International Emergency Economic Powers Act. This is a punitive step against Tehran that has been creating tensions in the Middle East. Trump's executive order has imposed...
