AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
US industrial policy needs to be systematic, not just ad hoc – Part 2
Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 2 Impact #5 of ad hoc industrial policy: Failing to use all required tools Industrial policy is often caricatured as just tariffs and subsidies. Mis-framed debates that evaluate the merits of tariffs in...
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Requests for aluminium, steel tariffs exclusion accepted by US Government from today
Ever since US President Donald Trump has imposed heavy tariffs on imported steel and aluminium for reviving unfair business practices within the nation, a series of apprises related to it is crossing our path. Now the latest news is the US Commerce Department is all set to begin accepting requests...
Aluminium and steel tariffs worry local craft brewers
President Trump’s new steel and aluminum tariffs may have an effect on one of our city’s most near and dear industries — craft brewing. The tariffs, which exempt Mexico and Canada, add a 10 percent tariff on aluminum and a 25 percent tariff on steel. They could result in a blow to companies that...
Department of Commerce to issue AD/CVD on Chinese aluminium foil imports
The U.S. International Trade Commission (ITC) announced that it had made final finding that imports of aluminium foil from China harm domestic industry. As a result, the U.S. Department of Commerce will issue unfair trade orders on aluminium foil imports from China imposing antidumping duties...
Indian aluminium producers ask for exclusion from US aluminium tariff
Indian aluminium producers have urged US government to exclude them from the new tariff as aluminium imports from India do not affect U.S. national security and domestic industry. U.S. President Donald Trump last week signed proclamation that imposed 10 per cent levy on imported aluminium. The...
Bahrain hopes to be exempt from US aluminium tariff
Bahrain is hoping it will be granted an exemption from U.S. tariffs on foreign-made aluminium and steel. American Chamber of Commerce Bahrain President, Qays H. Zu'bi said Bahrain is a key strategic ally of the United States and will be given due consideration for an exemption from these measures....
New research shows the global wine market shifting towards aluminium closures
Aluminium closures now account for just under 30% of the total global bottled still wine market, according to research recently conducted by Euromonitor. With 30 billion bottles sold worldwide in 2016, the aluminium closure market size is now around 9 billion units annually. This shift towards...
Former Noranda smelter in Missouri to restart two potlines this year
Spurred on by hopes that U.S. President Donald Trump’s 10-percent aluminium tariffs will usher in a better landscape for the production and sale of primary aluminium, the shuttered smelter formerly owned by Noranda Aluminium in the bootheel region of Missouri announced on Friday the restart of two...
Australia exempted from US aluminium, steel import tariff
The U.S. President Donald Trump has granted Australia an exemption from its new tariffs following discussions with Australian Prime Minister Malcolm Turnbull. Turnbull said Australia will not join an international protest against the U.S. over aluminium and steel tariffs. "Spoke to PM of Australia....
AMAG’s operating result for 2018 to be hit by US tariffs on aluminium imports
AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products has expressed concern over the imposition of 10% punitive tariff on aluminium imports to USA On March 8, 2018. In response to USA’s tariffs on aluminium imports, Helmut Wieser, CEO of AMAG Austria...
European Aluminium says 10% US tariff on aluminium requires immediate action from the EU
European Aluminium, the voice of the entire aluminium value chain, is confident the EU Commission will do everything it can to exempt European countries from the 10% US tariff in the next 15 days, but requests immediate market surveillance and the implementation of safeguard measures if proven...
Major Asian nations express reactions over Trump's decision to impose tariffs on steel and aluminium imports
Major Asian nations have expressed strong concern and reaction to U.S. President Donald Trump's decision to impose tariffs on steel and aluminium imports on Friday. They feared the tariffs will damage global trade relations and urged for a unified call for retaliation. President Donald Trump has...
SAF’s operations to be affected by U.S. aluminium tariff
Southern Aluminium Finishing (SAF), a manufacturer and distributor of aluminium products, could be hit by Trump’s latest move that imposed tariff on imported aluminium. A 10 per cent tariff on aluminium imports is expected to affect company’s operations. Aluminium tariff will raise its costs and...
Trump signs proclamation on aluminium, steel tariffs, exempts Canada, Mexico
President Donald Trump has signed proclamation imposing 10 per cent tariff on aluminium and 25 per cent levy on steel. The new tariffs will go into effect in 15 days. The move is likely to face retaliation from its major trading partners, the European Union and China. Trump said Canada and Mexico...
European Aluminium responds to EU Trade Commissioner Malmström's press conference on potential US tariffs
European Aluminium applauds EU Trade Commissioner Cecilia Malmström’s statements concerning the potential US tariffs against all aluminium products from Europe. The association representing the entire aluminium value chain with more than 600 plants all across Europe encourages the executive body to...
New tariffs will negatively impact construction industries, says AIA
Trump’s proposed tariffs on aluminium and steel imports will have negative impact on U.S. design and construction industries, according to the American Institute of Architects (AIA) President Carl Elefante, FAIA, and EVP/Chief Executive Officer Robert Ivy, FAIA. The action will increase the prices...
New aluminium smelter to open in New Madrid
A new aluminium smelter will open in New Madrid County, Missouri, at the site of the former Noranda Aluminium plant, state and federal officials said Tuesday. State Rep. Don Rone, R-Portageville, and U.S. Rep. Jason Smith welcomed the jobs the new Magnitude 7 Metals plant will create. Gov. Eric...
Japan aluminium industry urges U.S. to abandon tariffs plan
Japan’s aluminium industry is urging Trump to not advance with his tariffs plan, saying the action will damage country’s business and will increase uncertainty for future trade relations. U.S. President Donald Trump announced last week that he will impose a 10 per cent tariff on imported aluminium...
U.S. recycled aluminum alloy producers form Aluminum Recyclers Council (ARC)
Recycled aluminium alloy producers from across the United States formed the Aluminum Recyclers Council (ARC) in January 2018, a press release from the newly formed organization confirms. The Council was formed in order to have a unified voice for these key industry participants in dramatically...
