Canada's retaliatory tariffs on US goods, including aluminium and steel products, take effect as Washington intensifies pressure on Canadian industry. Canada is escalating its trade confrontation with the United States, imposing tariffs of up to 50 per cent on US imports worth CAD 27.6 billion (USD...
Bocar Group has achieved ASI Performance Standard V3.1 (2023) with Provisional status for the manufacture of aluminium parts for the automotive industry at three of their facilities across Mexico: AUMA S.A. de C.V. in Chihuahua, AUMA Saltillo S.A. de C.V. (AUSAL) in Saltillo, and Bocar Lerma S.A....
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Nearly five years since the Covid-19 pandemic, which forced the US automakers to stop production, and now factories are hitting the same brakes once more. A shortage of domestic aluminium, restrictions on semiconductor exports and increasing tariffs are causing delays for key models, like Jeep SUVs...
KTM has recently launched a new sports bike in the market named KTM 990 RC R in the sports segment of the bike within the EU and US markets. The frame of the bike is made up of a die-cast aluminium sub-frame along with a powder-coated steel trellis frame to support the main frame. The sub-frame is...
China’s economic rise across Latin America and the Caribbean has quietly redrawn the map of global influence. What began as scattered infrastructure projects has evolved into a network of ports, energy facilities, and data hubs that increasingly serve Beijing’s strategic interests. For years,...
Canada has announced tariff relief on specific steel and aluminium products imported from the United States and China. This move aims to support domestic industries affected by ongoing trade tensions. The decision was formalised through an amendment to the 2024 surtax remission order, effective...
Major futures prices for key non-ferrous metals – copper, nickel, and aluminium – on the Shanghai Futures Exchange (SHFE) all declined during the week of October 10–17, as macroeconomic uncertainties weighed on market sentiment. Image source: https://www.unionfab.com/ Also read: DAILY: China's...
The global aluminium market is in transition, and nowhere is that more evident than in the United States. What was once a predictable cycle of imports, recovery, and exports has, in 2025, become a story of trade shifts, policy shocks, and surging international appetite for recycled metal. In the...
It’s déjà vu in Washington. Nearly two decades after the infamous Andrew Wakefield scare linking vaccines to autism — a theory since discredited, retracted, and denounced — the debate has returned to centre stage, this time armed with aluminium paranoia and presidential claims. Earlier this week,...
Rare earth elements are central to the United States’ military technology that operates across the air, land, sea, and space domains. Their strong magnetic and electronic characteristics enable compact, high-performance motors and actuators used in precision-guided munitions, missile control, and...
On Wednesday, local and state leaders, alongside industry officials, broke ground on Kloeckner Metals' new USD 90 million aluminium processing facility at Dynamic Drive near Aluminium Dynamics in Mississippi. Governor Tate Reeves attended the ceremony, speaking to a crowd of around 100 people....
Aluminium markets were cautious this week, with renewed trade concerns between the US and China weighing on sentiment. Financial research firm Kedia Advisory reported aluminium settling down by 0.21 per cent at INR 263.6 (USD 3), reflecting investor unease over global demand trends. Output caps and...
Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, has announced another major expansion at its EGA Spectro Alloys facility in Minnesota, USA. The latest phase of development will increase the aluminium recycling plant’s total capacity to 200,000 tonnes per year,...
General Motors Co. will incur USD 1.6 billion in charges following its retreat from electric vehicles, highlighting the damage US policy shifts are causing to plug-in car demand. The company announced on Tuesday that USD 1.2 billion will be derived from a non-cash impairment related to realigning...
The flow of aluminium into the United States softened in the first half of 2025 as tariffs, weaker industrial activity, and higher energy costs reshaped buying patterns. Primary aluminium imports came in at 1.81 million tonnes, a touch lower than the 1.85 million tonnes recorded in the same period...
The Aluminum Association has urged the US federal government to take immediate action to keep more aluminium scrap within the country. The Association argues that limiting exports of high-quality scrap, particularly used beverage containers (UBCs), will support US manufacturing and supply chains....
With the USD 7,500 federal tax credit for EV buyers now expired, automakers are offering significant discounts to keep their electric vehicle (EV) inventories moving. Image for representational purpose Hyundai has introduced a USD 7,500 cash incentive on the 2025 Ioniq 5 and reduced the price of...
In Ciudad Juárez, a vital manufacturing centre near the Mexican-US border, many companies that mainly cater to the US market have recently made some tough decisions to cut their workforce. These layoffs are primarily linked to the effects of the US administration’s tariff policies, which have...
Futures: The SHFE aluminium 2511 contract fluctuated downward during the night session of October 10, closing at RMB 20,755 per tonne, down 1.59 per cent. The MA indicators show that MA5 (20,766), MA10 (20,764), and MA30 (20,764) are all above the closing price, with short-term moving averages in a...
US imports of containerised goods fell 8.4 per cent in September compared with a year earlier, reflecting the impact of President Donald Trump’s tariff policies. Shipments from China dropped sharply by 22.9 per cent, according to new data released on Thursday. The effect was seen on aluminium ,...
