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 bauxite imports marginally increase quarter-on-quarter in Q3 2018; exports drop 39%
According to the latest USGS release on Bauxite and Alumina in the Third Quarter 2018, imports of crude and dried bauxite by the U.S. in Q3 2018 were 922,000 tonnes, slightly more than the revised total in the second quarter of 2018 and the third quarter of 2017. Imports of crude and dried bauxite...
Canada to exempt tariffs on some imported aluminium and steel from US
Canada seemed to have been all ears to the tariff exemption request from the construction industry in British Columbia in November. British Columbia is the westernmost province in Canada that depends primarily on imported metal. On Wednesday, December 19, Canada reportedly announced that it would...
Kobelco Aluminum Products & Extrusions (KPEX) to expand its Bowling Green aluminum extrusion plant
Kobelco Aluminum Products & Extrusions Inc. which opened an extrusion plant for the automotive sector in Bowling Green, Kentucky in in February 2017 will expand the plant with a US$42 million investment, adding 90 new jobs and increasing overall Kentucky investment to US$95 million. Kentucky...
US to remove sanctions from Rusal including Aughinish Alumina plant in Limerick
The US Treasury announced on Wednesday, December 19, about its intention to remove sanctions against Oleg Deripaska-owned Rusal, which is the parent company of the Aughinish Alumina plant in Limerick. The Irish foreign ministry said in a statement that the Aughinish Alumina plant would be free from...
US import of alumina up 21% YoY in Q3 2018 on reopening of primary capacity by Alcoa and Century
According to the latest USGS release on Bauxite and Alumina in the Third Quarter 2018, imports of alumina by the U.S. in the third quarter of 2018 stood at 441,000 tonnes, 21% more than the 364,000 tonnes imported in the third quarter of 2017. Quarter on quarter, the volume was 25% more than...
AEC wins case on Chinese aluminium extrusion transshipped through Malaysia
U.S. Customs and Border Protection (CBP) has determined that the Sun Bright International Corporation and Fair Importing Corporation entered merchandise covered by antidumping duty order A-570-967,1 and countervailing duty order C-570-968,2 into the customs territory of the United States by evading...
India yet again defers duty hike on 29 US products till January 31
On Monday, December 17, India yet again deferred enforcing retaliatory duties on 29 imported products from the US worth US$235 million by another 45 days. The implementation of the duty hike has been postponed until January 31, 2019, according to a notification by the finance ministry. In June,...
China to temporarily cut extra tariff on U.S.-made cars & light trucks
According to an announcement from China’s Ministry of Finance on Friday, the country will temporarily remove additional 25 per cent tariff on U.S.-made light vehicles and auto parts starting Jan. 1, 2019 for a period of 90 days. The announcement was a follow up on the truce in the trade war between...
Austal wins contract to build two more littoral combat ships worth US$1.6 billion for US Navy
According to a report, Austal further receives an order worth up to US$1.6 billion to build two more littoral combat ships for the US Navy. The two ships will be the 18th and 19th aluminium trimaran-variant LCS Austal and will build under a program that began a decade ago. “This latest order from...
China’s Qiantu Motors to build sports car in US featuring aluminium frame and wheels
China’s Qiantu Motors has reportedly joined hands with California’s Mullen Technologies to begin building in the K50 sports car in the United States. In a press release first spotted by Automotive News, the two firms revealed their intentions to homologate the K50 to meet the US standards and then...
Analysts project an aluminium scrap supply glut in the US; no sustainable demand likely from alternative export markets
With China’s crack down on inferior quality scrap imports and the steep tariffs on imported scrap from the US, there is a fear of scrap supply glut in the U.S., analysts from CRU Group said. Mike Southwood and Greg Wittbecker, both Pittsburgh-based aluminium industry analysts with CRU Group said so...
Ireland’s Finance Minister meets US Treasury Secretary Steve Mnuchin to discuss the future of Aughinish Alumina
Ireland’s Finance Minister Paschal O’Donohue met US Treasury Secretary Steve Mnuchin in Washington to discuss the future of Aughinish Alumina, which was put into uncertainty after the U.S. sanctions on Rusal. “He was going with a very simple message that it (Aughinish) was of strategic importance...
India to defer its retaliatory tariffs on US products for the fourth time
India once again is likely to postpone retaliatory tariffs on 29 imported products from the US worth US$235 million to January 31, 2019. This would be the fourth time that India is deferring the duty. A senior government official told Moneycontrol “The implementation of higher import duty is likely...
USA aluminium can import continues to grow year over year; Canada remains the top exporter
The U.S. is one of the leading consumers of aluminium cans in the world. Due to the growing recognition of the aluminium can as one of the most recycled aluminium products in the world and as one of the most sustainable packaging solution, the use of aluminium cans is growing around the world,...
EPI study reports positive impact of Trump’s tariffs on aluminium production and job creation in US
The American Primary Aluminum Association (APAA) in collaboration with Economic Policy Institute (EPI), the Alliance for American Manufacturing (AAM) and the Coalition for a Prosperous America (CPA) addressed the economic effects of Trump's steel and aluminium tariffs in a presentation at the...
Trump’s tariffs squeeze US import of aluminium through Q3 2018; semi-finished imports continue to stay strong
The latest data from US Geological Survey indicates that the total aluminium supply in the United States (Primary production, secondary recovery, and imports for consumption) stood at an estimated 7.6 million tonnes through September 2018, down 3% over the same period of 2017, where the supply...
LB Aluminium records 69.4% surge in net profit for the second quarter
LB Aluminium Berhad, one of the largest aluminium suppliers based in Malaysia, has recorded a surge in its net profit for the second quarter ended on October 31. The profit reportedly grew by 69.4 per cent to RM2.83 million against RM1.67 million in the previous corresponding quarter, mainly...
US companies shelled out a record US$6.2 billion tariffs in October driven by Trump's tariffs
US companies have paid tariff duties of US$ 6.2 billion in October. The October tariff collections registered a 104% jump YoY from October 2017 amount of US$3.1 million and up from US$ 4.4 billion in September 2018, mostly driven by President Trump’s tariffs on steel, aluminium, and Chinese goods....
