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Prime Minister Justin Trudeau stops at Saguenay aluminium hub before heading for G7 summit
10 JUN 20183MINS

Prime Minister Justin Trudeau stops at Saguenay aluminium hub before heading for G7 summit

Prime Minister Justin Trudeau stopped at Saguenay, the heart of Canada's aluminium country before heading to the G7 summit — where he repeated his pledge to try to convince Donald Trump about the mistake in imposing tariffs on Canada’s aluminium. Saguenay has a significant connection to what will...

Import tariffs to have a cost impact on outdoor recreational product manufacturers in the U.S.
10 JUN 20182MINS

Import tariffs to have a cost impact on outdoor recreational product manufacturers in the U.S.

President Trump’s import tariffs on steel and aluminium, which were designed to support domestic steel and aluminium manufacturers are actually hurting other manufacturing and end –user industries. Last week, the Trump Administration announced 30 countries will face additional import tariffs of 25...

EU to impose retaliatory tariffs on U.S. imports next month
07 JUN 20181MINS

EU to impose retaliatory tariffs on U.S. imports next month

The European Union announced on Wednesday that it will impose additional duties on certain U.S. products starting from July in response to U.S. tariffs imposed on European aluminium and steel.Trump imposed 25 per cent tariffs on imported steel and 10 per cent on aluminium from the EU on June 1. The...

Mnuchin recommends Trump to exempt Canada from additional aluminium and steel tariffs
06 JUN 20182MINS

Mnuchin recommends Trump to exempt Canada from additional aluminium and steel tariffs

The US Treasury Secretary Steven Mnuchin urged President Donald Trump to exempt Canada from additional 25 per cent tariffs on imported steel and 10 per cent on imported aluminium, on Tuesday, June 5, 2018, in a trade meeting at White House. This news came from senior administration officials and...

Rusal triples aluminium sales in May, Interfax reports
05 JUN 20181MINS

Rusal triples aluminium sales in May, Interfax reports

Russian aluminium giant Rusal increased its aluminium sales by up almost threefold in May. According to news reported by Interfax news agency and published by Reuters, the company exported 197,000 tonnes of aluminium last month. Citing Russian Railways data, Interfax said aluminium exports declined...

Harley Davidson fears sales drop on possible retaliatory tariff by EU; shares decline
05 JUN 20182MINS

Harley Davidson fears sales drop on possible retaliatory tariff by EU; shares decline

The European Union, in retaliation to new U.S. tariffs on EU steel and aluminium exports is planning tariffs on US products including bourbon, motorcycles and blue jeans worth up to 2.8 billion euros ($3.3 billion), as reported to the World Trade Organization. Harley-Davidson said a trade war with...

Turkey to impose retaliatory tariffs on US imports from June 21
05 JUN 20182MINS

Turkey to impose retaliatory tariffs on US imports from June 21

Turkey will respond to the US tariffs on aluminium and steel by imposing countertariffs on American produced products starting from June 21, Hürriyet Daily News reported. The move follows Trump’s decision to impose tariffs on aluminium and steel from many countries, including Turkey. Turkey, which...

Mexico to file complaint at the WTO over the US new aluminium and steel tariffs
05 JUN 20182MINS

Mexico to file complaint at the WTO over the US new aluminium and steel tariffs

Following the European Union, Mexico announced on Monday, June 4, 2018, that it would file a complaint with the World Trade Organisation (WTO) over the US additional tariffs on imported aluminium and steel. The economy ministry said in this regard, “it will initiate a dispute settlement process...

EU seeks consultations with US at WTO in response to additional aluminium and steel tariffs
03 JUN 20182MINS

EU seeks consultations with US at WTO in response to additional aluminium and steel tariffs

As soon as the Trump Government announced its final decision on Thursday, May 31, 2018, to impose additional 25 per cent tariffs on imported steel and 10 per cent on aluminium on the European Union, Mexico, and Canada, the EU decided to go ahead with its countermeasures. On Friday morning, June 1,...

Tariffs on Steel & aluminium from EU, Canada and Mexico come to effect from Friday midnight
02 JUN 20182MINS

Tariffs on Steel & aluminium from EU, Canada and Mexico come to effect from Friday midnight

US Commerce Secretary Wilbur Ross in a telephone briefing on Thursday announced that import tariffs of 25 per cent on steel and 10 per cent on aluminium will be imposed on Canada and Mexico and European Union from Friday. The announcement ended months of uncertainty about potential exemptions and...

Mexico’s import of aluminium from the US outpaced exports in 2017
01 JUN 20182MINS

Mexico’s import of aluminium from the US outpaced exports in 2017

Currently, Mexico is hitting the headlines due to the US tariffs on imported aluminium and steel and NAFTA negotiations. The country hit back fast on U.S. tariffs on steel and aluminium on Thursday, targeting products from congressional districts. The tit-for-tat measures would complicate the NAFTA...

Canada to counterattack US for imposing additional tariffs on imported aluminium and steel
01 JUN 20182MINS

Canada to counterattack US for imposing additional tariffs on imported aluminium and steel

Canada, as one of the most important allies of the United States, expressed its dismay yesterday, on May 31, on knowing that it had not been removed by the US from the list of countries for additional 25 per cent tariffs on steel and 10 per cent on aluminium. Canadian Foreign Minister Chrystia...

Volatile aluminium price to affect US domestic aluminium finished products manufacturers
31 MAY 20182MINS

Volatile aluminium price to affect US domestic aluminium finished products manufacturers

The US domestic aluminium finished products manufacturers such as automakers and can makers have been in real distress over the past few months on increasing volatile aluminium price range across the world. Series of events like the United States’ tariffs on imported aluminium and steel, followed...

Trump reported to impose hefty tariffs on steel and aluminium imports from Canada, Mexico and EU
31 MAY 20183MINS

Trump reported to impose hefty tariffs on steel and aluminium imports from Canada, Mexico and EU

The Trump administration is reportedly planning to impose hefty tariffs on steel and aluminium imports from Canada and EU. According to the Wall Street Journal, dropping EU from the exemption list for import tariffs of 25% on steel, and 10% on aluminium may take place as early as Thursday May 31....

Trump asks for EU’s voluntary exports restrictions on aluminium and steel
30 MAY 20182MINS

Trump asks for EU’s voluntary exports restrictions on aluminium and steel

The European Union seems to be in a difficult spot, as Donald Trump has asked for EU’s voluntary export restrictions on aluminium and steel for granting permanent exemptions from metal tariffs. Initially, while demanding a permanent relief from the US tariffs, the EU had taken a principal stance...

Government of Russia assures they would  support the national aluminium industry
29 MAY 20182MINS

Government of Russia assures they would  support the national aluminium industry

In a local media update, the Russian Deputy Prime Minister Dmitry Kozak said that the Russian authorities are developing measures to support the national aluminium industry after the US imposed punitive sanctions on RUSAL. “The measures aimed at supporting our aluminium industry are being...

Tariff Issues, New Markets, Manufacturing Development, Sustainable Growth; a conversation on aluminium with Maurizio Sala, President of Amafond
29 MAY 20188MINS

Tariff Issues, New Markets, Manufacturing Development, Sustainable Growth; a conversation on aluminium with Maurizio Sala, President of Amafond

The Gala Dinner of the Gulf Aluminium Council, held in Oman on March 21st, provided the opportunity for a long conversation with Maurizio Sala, President of Amafond and of Foundry Ecocer, an excellent connoisseur of the aluminium industry and of the Middle East area. The metal foundry segment which...

Germany seeks an end to EU-US trade dispute over aluminium and steel tariffs: Source says
28 MAY 20181MINS

Germany seeks an end to EU-US trade dispute over aluminium and steel tariffs: Source says

Economy Minister Peter Altmaier said on Monday, May 28, 2018, that Germany is looking forward to the end of trade dispute between the European Union and the United States. Altmaier said, “We need to try to avoid higher tariffs”, adding that he would discuss the issue with European Trade...