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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The US alumina import drops 23% Q-o-Q in Q2 2018 while the export surges 20%
According to the latest USGS report on bauxite and alumina import by the United States in the second Quarter 2018, the volume found dropped from 434, 190 tonnes in the first quarter of the year to 353,000 tonnes. This shows that the alumina import volume by the US stood down 23 per cent...
Despite Trump tweet, Ford and Apple unlikely to shift manufacturing base to the U.S
President Trump suggested in Twitter that Ford and Apple can avoid import tariffs by shifting their manufacturing to the U.S. Ford on August 31 said it was dropping plans to ship the Focus Active from China to America considering Trump's new tariffs. And despite Trump’s tweet, Ford said it won't be...
US sanctions likely to leave Rusal without any deal during Barlin “mating season”
Metal Bulletin’s 33rd International Aluminium Conference in the German capital of Berlin that begins today, September 12 will unveil the “mating season” for the aluminium industry, where negotiations are settled on the quantities and premiums paid above the LME aluminium price. Reuters reported...
China's revised 50 per cent tariff on U.S. aluminium scrap continues to hit US scrap industry
On Aug. 23, China and the US began imposing new rounds of penalties on US$16 billion worth of each other’s goods. This latest round of tariffs included China’s 25 per cent tariff on recovered plastics, paper aluminium and various recovered metals, according to the list released by Chinese...
Aluminum Association calls for quota-free tariff exemptions for Canada and Mexico
Aluminum Association president & CEO Heidi Brock urged the Trump administration to provide quota-free exemptions on aluminium tariffs for Canada and Mexico as negotiations are concluded on the revised North American Free Trade Agreement (NAFTA). Brock requested to “use this negotiation process to...
US sanctions may impact Rushydro's decision to join Rusal's Taishet project in Siberia as power partner
Russia’s power company Rushydro would reconsider joining a new aluminium smelter project that Rusal plans to build in Siberia. Rushydro’s head Nikolai Shulginov said on Monday that the deal has been complicated by international sanctions. Rusal started working on the Taishet project in 2006. The...
North America's aluminium demand up 2% through July 2018 driven by solid GDP growth in Q2
According to the preliminary estimates from Aluminum Association, aluminium demand in the United States and Canada (shipments by domestic producers plus imports) stood at an estimated 6.4 million tonnes through June 2018, up 2.0 per cent over the same period of 2017. Demand for semi-finished...
650 Aughinish jobs are secured; hopeful Tánaiste Simon Coveney
According to a report, Tánaiste Simon Coveney is hopeful about the job security of more than 650 personnel at Aughinish Alumina refinery in Limerick, following crippling sanctions on its Russian owner by the United States. As per the source, The Minister for Foreign Affairs has accredited the US...
Japan concerns over anticipated U.S. auto tariffs; expects insulation through production facilities in US
Automobile industry has been a key pillar of Japan’s manufacturing sector and auto exports contribute a large chunk of Japanese export revenue. Exports to the United States accounting for a significant share of the total auto export by Japan. Like all other auto exporters to the US, Japan is also...
Trump administration excludes South Africa from aluminium and steel tariffs relief
According to the recent report, South Africa is not included in the list of countries who have received a reprieve from the United States . This news came after Trump reportedly signed proclamations permitting targeted relief from steel and aluminium quotas from countries including South Africa,...
US aluminium scrap traders and recyclers hit hard by China's retaliatory tariffs on aluminium scrap import
The U.S. and China trade war is having an impact on aluminium scrap traders and scrap recyclers. On Aug. 23, each country began imposing new rounds of penalties on each other. The latest round included China’s 25 per cent tariff on OCC, recovered paper, scrap plastics and various recovered metals....
US dollar gains and puts pressure on both LME and SME aluminium; likely to trade rangbound today
The US dollar registered growth for a second consecutive trading day last Friday after it was reported that the US and Canada ended trade negotiations without any agreement. The greenback is on track to end the month of August on a positive note, up about 0.6% amid trade tensions. It has advanced...
Ford drops the plan to bring in SUV model from China in wake of US automobile tariffs
Ford Motor Co. is reportedly cancelling its plan to import a new crossover model from as President Donald Trump’s tariffs undermined the business case for bringing vehicles to the US market. Kumar Galhotra, Ford President in North America said Trump’s decision of imposing 25 per cent tariff on...
Barrio Brewing set to introduce environmentally-friendly aluminium canned beer
Barrio Brewing, the United States-based independent brewery will reportedly launch an environmentally-friendly aluminium canned beer, with the aim to enhance the brand’s retail presence in Arizona, US. According to the source, Ardagh will supply aluminium beverage cans to Barrio. Ardagh is a...
Canada continues as the largest aluminium exporter to US in H1 2018; tariffs impact semi-finished import from China
According to the latest report from US Geological Survey, U.S. Trade Total imports of aluminiumfor consumption in the first half of 2018 stood at 3.37 million tonnes, 7% less than 3.61 million tonnes in the same period in 2017. {newsStudioGallery} Imports of crude metal and alloys dropped 11% and...
Aluminum Association applauds Mexico’s initiation of antidumping investigation on certain Chinese aluminium foil
The Aluminum Association responded today to the Government of Mexico’s recent initiation of an antidumping investigation on imports of certain Chinese aluminium foil. In a statement, Aluminum Association president & CEO Heidi Brock said: “The Aluminum Association is pleased by the Government of...
Trump approves targeted relief from steel and aluminium quotas for South Korea, Brazil and Argentina
The U.S. Commerce Department said on Wednesday that U.S. President Donald Trump approved targeted relief from quotas on steel and aluminium from some countries. The statement confirmed that Trump signed proclamations allowing relief for South Korea, Brazil and Argentina for steel and on aluminium...
Zhongwang seeks to expand ties in Europe after being snubbed by US
After experiencing difficulties in the United States market, China’s aluminium extrusion giant China Zhongwang Holdings Ltd is eyeing the Chinese domestic market as well as the market in Europe to expand sales presence. So said the company’s managing director in an interview published on August 28....
