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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Beer Institute president McGreevy criticises Trump administration’s tariff on aluminium
According to a recent report, beer industry advocate Jim McGreevy slammed the US tariffs on imported aluminium, accusing that the retaliatory measures hurt brewers and the industry as a whole. He said in an interview to Hill. TV’s Krystal Ball and Buck Sexton: “When you have 6,000 brewers and...
Indonesia’s estimated imports of aluminium scrap up 42% in 2018
In December 2018, Indonesia imported USD 15.28 billion worth of goods from around the globe, up by 1.16 percent from a year earlier.Indonesia’s estimated imports of aluminium scrap increased in both volume and value in 2018 when compared to 2017 data. The USA continued to be the leading source of...
Senate finance chair says tariffs on steel, aluminum should go
Republican U.S. Senator Chuck Grassley on Wednesday called on the Trump administration to lift tariffs on steel and aluminum imports from Canada and Mexico before Congress begins considering legislation to implement the new U.S.-Mexico-Canada (USMCA) trade deal. The three countries on Nov. 30...
India defers its retaliatory tariffs on American products yet again
According to The Financial Express report, India is likely to defer the levy of retaliatory tariffs to another 30 to 45 days from the revised deadline of January 31, 2019. This will be the fifth time that India would postpone its tit-for-tat duties worth close to US$235 million on 29 American...
U.S. confirms the most awaited move for the aluminium industry; lifts sanctions on Rusal on Sunday, January 27
As the most awaited move in the aluminium market, US Treasury on Sunday lifted sanctions on aluminium major Rusal and other Russian firms linked to oligarch Oleg Deripaska. Though there was pressure from the Democrats on the administration to continue with the sanctions, finally the sanctions were...
US sanctions lift on Rusal brings relief for Aughinish Alumina in Limerick
The US Treasury Department announced on Sunday, January 27, that it removed sanctions on Rusal, the Russian energy giant that owns Aughinish Alumina in Limerick, in a move welcomed by the Irish Government. In December, the US Treasury had announced its intention to remove the sanctions against...
Fujifilm receives tariff exclusions from DOC on aluminium offset printing plates
FUJIFILM North America Corporation, Graphic Systems Division has announced that it has received tariff exclusions on its aluminium offset printing plates. It is the only major printing plate manufacturer in the U.S. to be excluded from tariffs. Fujifilm has argued actively over the unfair inclusion...
EU’s Cecilia Malmstrom believes US auto tariffs will not come into effect
European Trade Commissioner Cecilia Malmstrom shared her belief yesterday, on January 24, that the United States would not impose import tariffs on European cars. She also said that even if the US did impose the tariffs, the European Union was ready with its response. The US President Donald Trump...
US industries write to Trump administration for aluminium, steel tariffs removal
On Wednesday, January 23, dozens of US industry groups wrote a letter to the Trump administration pleading for an end to steep US tariffs on aluminium and steel, a report said. <iframe width="540" height="260" src="https://www.youtube.com/embed/745x79Xb6Bg" frameborder="0" allow="accelerometer;...
South Africa's exports of aluminium to US increases 30% YoY in October
South exported 141,000 tonnes of crude metal and alloys and aluminium semi-finished products to the US in the first ten months of 2018, from 134,000 tonnes in the same period last year. The volume registered 5.22 per cent growth year-on-yea (YoY). {newsStudioGallery} In October 2018, total...
DOC confirms that door thresholds are covered by the AD/CVD duties on Chinese aluminum extrusions
Responding to requests for scope rulings from Columbia Aluminum Products, LLC, Worldwide Door Components, Inc., and MJB Wood Group, Inc., U.S. Department of Commerce issued a final decision on December 19, 2018 that that door thresholds are covered by the scope of the AD/CVD orders on aluminium...
US Senators reintroduce a law that would delay the imposition of imported auto tariffs
Two United States senators Doug Jones (Democrat, Alabama) and Lamar Alexander (Republican Tennessee) have reportedly reintroduced the law that would delay the imposition of additional Section 232 tariffs on automobiles and automotive parts imported by the US. On January 15, the senator said in a...
Aluminium scrap oversupply in the U.S. helps processors with more business; traders hit by low prices
Aluminium recyclers in the U.S. have experienced a business boom on account of the trade war between China and the U.S. According to Harbor Aluminum Intelligence, recycled aluminium accounted for the largest share of the aluminium consumed in the U.S. in 2018. “There’s a huge win for domestic...
Sanctions relief on Rusal expected to ease US-Armenia aluminium trade: ANCA says
The US Senate’s failure to block the easing of Rusal sanctions is expected to reduce the pressure on an Armenian aluminium mill, reported the Armenian National Committee of America (ANCA). This brings relief to 700 employees of the Armenal mill in Yerevan and thousands of local families supported...
China's aluminium foil export is on the rise in last four years; exports to the U.S. drops on AD and CVD duties
Aluminium Foil is the 286th most traded product and the 348th most complex product according to the Product Complexity Index (PCI). Revenue wise, the top exporters of Aluminium Foil are China ($2.97B), Germany ($1.46B), Italy ($611M), Japan ($587M) and the United States ($554M). China’s...
Relief for workers as US Senate fails to block lifting Aughinish Alumina sanctions
The US Senate reportedly failed in its attempt on Wednesday evening, January 16, to block the agreement to lift sanctions against Rusal, the parent company of Aughinish Alumina. With this arrived an immense relief among nearly 400 Aughinish workers in Limerick. The news came when a junior minister...
Recycling Recap 2018: New projects, awareness activities, and imported tariffs marked the year
2018 marks an eventful year for the global secondary aluminium industry with a series of new investments, expansions, awareness activities, and also a bit of intermediate twist and turns in the market. China’s retaliatory tariffs on the US scrap exports, Aluminium Association of India’s proposal to...
US Senate moves against sanctions removal plan from Aughinish Alumina in Limerick
A vote will be reportedly held today, on January 16, on a move to block the lifting of sanctions affecting Aughinish Alumina in Limerick. Per the report, 11 Republican senators went against their own party and joined hands with Democrats to allow the vote to proceed. In December, the US Treasury...
