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...
Grow with
AL Circle
AMAG reports 6% revenue growth in FY 2018 driven by record rolling shipment and higher aluminium prices
A press release from the AMAG Austria Metall AG says that the Group's total shipments in 2018 rose to a record of 424,600 tonnes in comparison to 421,700 tonnes in 2017 driven by rising demand for aluminium products combined and ramp-up of the new plants in Ranshofen. Helmut Wieser, CEO of AMAG:...
US domestic primary aluminium production up about 18% YoY for the period from January to November 2018
According to the latest report from US Geological Survey, US domestic primary aluminium production in November 2018 was 88,000 tonnes. The average daily production in November was 2,920 tonne, 8% more than that in October 2018, 44% more than that in November 2017 and 43% more than that in November...
India extends retaliatory tariffs deadline on US products for the sixth time
India, yet again, reportedly extended the retaliatory tariffs deadline on 29 US products till April 1, as on Tuesday, February 26. According to the report, the commerce ministry asked its finance counterpart to defer the implementation of duties, as discussions for a proposed trade package is still...
An India-US trade deal is expected to be signed soon to bring about a solution to steel and aluminium tariffs
India’s timeline of March 2 for imposing retaliatory duties on US items in response to U.S. duties on its steel and aluminium is likely to be postponed by a few days and an India-US trade deal is expected to be wrapped up soon. A government official told media that the Commerce Ministry and the US...
UAE aluminium export saw no significant impact from the U.S. import tariffs; registered a growth of 2.7% in 2018
The United Arab of Emirates, world’s fifth largest aluminium producer and one of the top aluminium exporters to the world exported about 2.68 million tonnes of aluminium and aluminium alloys in 2018. The biggest aluminium exporter in the UAE, EGA exports the major portion of its aluminium and ships...
Aluminum Association adds four new member companies
The Aluminum Association has added four new member companies – Brunswick Corporation, Consolidated Engineering Company, Shapiro Metals and Vesuvius USA. Brunswick Corporation joins the association as a producer member – a firm that makes or fabricates aluminium products. The three companies join as...
Canada’s ambassador to the U.S. optimistic on the lifting of section 232 tariffs in a few weeks
In a positive development, Canada’s ambassador to the U.S. David MacNaughton told reporters on Thursday that the steel and aluminium tariffs imposed on Canada by U.S. President Donald Trump should be lifted “in the next few weeks,”. He expressed his confidence that the end of the trade war is...
EU vows to retaliate if US auto tariffs come into effect: says European Commission
Soon after the US Commerce Department filed a report on Monday, February 18, empowering President Donald Trump to impose imported car tariffs within the next 90 days, the European Union responded and vowed to retaliate, reported a European Commission spokesman Margaritis Schinas. He specifically...
Braidy Industries seeks about US$800 million Federal loans for the aluminium rolling mill in Kentucky
A Courier-Journal reports that Braidy Industries that is constructing a massive aluminium rolling mill in north-eastern Kentucky in the U.S. is now seeking a new loan of up to US$800 million. The company is applying for the loan under a federal program that hasn’t given out a loan to any company in...
Rusal in talks with western companies to resume reinsurance: Source says
Since when the United States lifted sanctions on Rusal, the company got engaged in talks with Western Companies to resume reinsurance, said Russian National Reinsurance (RNRC) officials. US President Donald Trump’s administration lifted sanctions on Rusal and other core assets of Oleg Deripaska on...
US receives report for triggering auto tariffs from Commerce Department
On Sunday, February 17, the United States President reportedly received a report from the Commerce Department that said the US could trigger auto tariffs on imported cars and car parts and intensify tensions with Europe. Much detail about the report is not known yet, as Reuters confirmed that a...
Canadian Foreign Minister clears the country's stand on USMCA and U.S. tariffs on steel and aluminium
Canadian Foreign Minister Chrystia Freeland reiterated Canada’s stand on USMCA and U.S. tariffs on steel and aluminium imports from Canada on Saturday. In a call with media she cleared that in a meeting with U.S. House of Representatives Speaker Nancy Pelosi at the Munich Security Conference; she...
Aluminium shipbuilder Breaux Brothers christens latest vessel for Holland America Lines
The US-based aluminium shipbuilder Breaux Brothers Enterprises reportedly christened its latest vessel Half Moon Clipper on February 14, 2019, in Loreauville. The ship is 105-foot long and weighs 94 tonnes when empty and 154 tonnes when loaded with fuel, water, and becomes absolutely ready for...
JW Aluminum ranks fourth in Top Economic Development Announcements of 2018
JW Aluminum, which makes flat-rolled aluminium products, ranked fourth in the Top Economic Investment Announcements of 2018. According to the South Carolina Department of Commerce Annual Industrial Recruitment Report, the company’s $255 million expansion project secured the no.4 spot on the...
UAE should not take sides in trade war between US and China, says Minister Al Mansouri
The United Arab Emirates Minister of Economy Sultan bin Saeed Al Mansouri reportedly said on Monday, February 11, that the UAE should not take sides between the US and China. He also alerted that the trade war between the world’s top two economies may harm all of us. On Monday, a team of US...
Arconic plans to split into two separate companies
Arconic announced that it will separate into Engineered Products & Forgings and Global Rolled Products, with a spin-off of one of the businesses. The US aluminium products manufacturer will also consider the sale of businesses that do not fit into either of the divisions. Arconic Chairman and Chief...
Volvo Cars holds US-China tariff war responsible for its profit margins drop in 2018
According to a Reuters report, the profit margins of Volvo Cars dropped in 2018, as a result of pricing pressure in the China market due to costs hike led by prolonged trade war between Washington and Beijing. The company CEO Hakan Samuelsson told Reuters that to indemnify the impact on margins...
U.S. aluminium products maker Arconic appoints John C. Plant as Chief Executive Officer
U.S. aluminium products manufacturer Arconic has appointed John C. Plant as Chairman and Chief Executive Officer. The company also said Elmer Doty, a current director, will serve as chief operating officer, and Arthur D. Collins, Jr., a current Director, will serve as Lead Director. John C. Plant...
