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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LME aluminium touches monthly high after U.S. Commerce raises import tariffs
Benchmark aluminium price on London Metal Exchange surged significantly after the U.S. Commerce Department recommended implementation of a quota on aluminium imports from specific countries- a 7.7 per cent tariff on aluminium shipped from all countries, or a 23.6 per cent tariff on imports from...
Ford and GM shares fall after U.S. Commerce department releases its tariff recommendations
Shares of Ford Motor Co. and General Motors Co. fell after the U.S. Commerce Department recommended higher tariff on imported aluminium and steel. The possibility of these tariffs raising the prices of raw materials for vehicles has generated concern in the market bringing down the share...
China’s Ministry of Commerce condemns U.S. tariff recommendations on steel and aluminium
In response to the latest U.S. Commerce Department recommendations to raise tariffs on Chinese steel and aluminium imports, China’s Ministry of Commerce published a statement calling the reports “baseless” and “totally inconsistent with the facts.” Wang Hejun, chief of the trade remedy and...
Aluminium industry representatives commend Commerce Department’s report on Section 232
U.S. Commerce Secretary Wilbur Ross announced the Department’s findings from the 232 investigations into the impact on national security from imports of wrought and unwrought aluminium on Feb 16, and he outlined recommendations for the president to impose tariffs or quotas on aluminium imports....
Commerce Department releases Section 232 investigation report on the impact of aluminium imports
As reported by the Aluminum Association, U.S. Commerce Secretary Wilbur Ross announced the Department’s findings from the 232 investigations into the impact on national security from imports of wrought and unwrought aluminium on Feb 16, and he outlined recommendations for the president to impose...
Trump weighs tariffs, quotas on U.S. steel, aluminium imports
U.S. President Donald Trump said on Tuesday he was considering a range of options to address steel and aluminium imports that he said were unfairly hurting U.S. producers, including tariffs and quotas. Trump’s comments - his strongest signal in months that he will take at least some action to...
China contributed 58% of the total foil import by USA in 2017; the rate expected to drop in 2018
In March of 2017, The Aluminum Association’s Trade Enforcement Working Group filed petitions requesting the initiation of anti-dumping and countervailing duty (AD/CVD) investigations against the import of aluminium foil products from China. The Final USITC hearing on antidumping and countervailing...
Trump to meet U.S. lawmakers to discuss trade, focus on steel and aluminum
U.S. President Donald Trump will meet with a bipartisan group of lawmakers on Tuesday to discuss trade matters, as he ponders whether to takes steps to limit steel and aluminum imports seen as damaging to U.S. businesses. A month ago the Commerce Department handed Trump the results of its...
Imports of aluminium products in North America up 23.2% YoY in 2017
According to the latest report from Aluminum Association, imports of aluminium ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) stood at 386,000 tonnes in December 2017, up 21.4% over the December 2016 total of 319,000 tonnes. Including scrap, which accounted...
US Aluminum Industry testifies on final phase of aluminium foil imports investigation
The Final USITC hearing on antidumping and countervailing duty investigations by the U.S. International Trade Commission on aluminium foil imports from China took place on Thursday February 8. Aluminum Association President and CEO Heidi Brock, along with other industry leaders, testified during...
Recovery of aluminium from scrap in the U.S. up 1.4% through November 2017
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior; the U.S. aluminium industry purchased an estimated 315,000 tonnes of aluminium scrap during November 2017. This registers a drop of 3.9% from the November 2016 total of 328,000 tonnes. USGS...
US food and beverage companies urge Trump not to impose tariffs on aluminium imports
Leading US food and beverage companies and trade associations have urged President Trump and his administration not to impose tariffs or import restrictions on primary aluminium, cansheet and scrap. The representatives have submitted a letter to the President’s office urging the same after...
China’s alumina imports down 61% YoY and exports up 102% in December
According to the latest import-export data published by China General Customs, China’s imports of alumina decreased 60.84 per cent YoY to 143,284 tonnes in December 2017. The country imported 2.86 million tonnes of alumina in 2017, down 5.31 per cent YoY. Image source: SMM China’s alumina imports...
Aluminum Association responds to submission of Section 232 report to the President
The Aluminum Association responded today to news that the Department of Commerce delivered to the White House its Section 232 report prepared in connection with the agency’s investigation of the national security implications of imported aluminum. Aluminum Association President & CEO Heidi Brock...
Aluminium Association reports an increase in aluminium extrusion and forging shipment in North America in 2017
According to latest report from Aluminum Association, shipments of Aluminum Extruded Products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers totalled an estimated 358.0 million pounds during December 2017, up 4.8 per cent over the December 2016 total of 341.7 million...
U.S. Commerce Department delivers aluminium investigation results to Trump
The U.S. Commerce Department announced the submission of the results of its national security investigation on imported aluminium. The department submitted the report to the President Donald Trump on Friday. Reuters reported Trump administration officials confirmed that the findings in the Section...
US brewery Arbor swaps out glass bottles for aluminium cans
The US-based company has decided to move to aluminium cans from glass bottles. Arbor Brewing Company announced that the company is switching its beer packaging from bottles to cans. The new canned beers will be available in the US by the end of this month. Mike Messink, Managing Partner, Arbor...
Vedanta considers takeover bid for Aleris Corporation
Vedanta Resources Plc. is considering making a bid to buy Ohio-based aluminium rolled products maker Aleris Corporation. Vedanta’s key products are aluminium, alumina, copper, and iron ore among others. “While there is no certainty that Vedanta will eventually make a bid for Aleris, competitive...
