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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The first five months of 2025 have brought a reshaping of the European Union’s export map for aluminium pipes and tubes (HS 7608). What had looked like a heavily US-driven trade in early 2024 has since shifted into a more balanced pattern, with the United States sharply pulling back, while Norway...
Futures: The most-traded SHFE aluminium 2510 contract opened at 20,760 RMB per tonne during the night session, reaching a highest price of RMB 20,780 per tonne and a lowest price of RMB 20,695 per tonne, closing at RMB 20,705 per tonne. Trading volume was 4.8 lots, and open interest was 241,000...
The US heavy-duty truck industry, which is worth around USD 50 billion, is facing a combination of tariffs that give an advantage to cross-border competitors. The Trump administration’s Section 232 tariffs add a 50 per cent hefty duty on imported metals, including steel, aluminium and copper...
Renowned Mexican auto components manufacturer Nemak has acquired the automotive unit of GF Casting Solutions, a subsidiary of Swiss Industrial Group George Fischer. The Swiss industrial group is known for producing lightweight aluminium and magnesium components using metal casting technologies....
Tariff or no tariffs - the United States’ renewed trade stance aluminium imports is affecting many countries and their domestic industries for sure. If the countries facing the staggering 50 per cent tariff from the US administration are suffering from poor export orders, sluggish economy, and job...
The European Union (EU) is committed to securing retroactive application of lower US tariffs on its car exports, effective from August 1. This follows the announcement of the details of a framework trade agreement reached in July. In a joint statement, the two parties outlined that 15 per cent US...
Velo3D, Inc. has announced its participation in a US Army-funded programme focused on changing the face of additive manufacturing for defence. The focus is to develop low-cost, rapidly implementable routes for Aluminium CP1, an alloy important for lightweight and high strength in military...
Leading American manufacturer and supplier Kaiser Aluminium has downgraded itself from a “buy” rating to a “hold” rating, according to a research note released on Monday. The move comes despite JPMorgan Chase & Co. recently raising its price target for the stock from USD 64 to USD 82 and assigning...
As of August 2025, the US has doubled the tariff from 25 per cent to 50 per cent for both aluminium and steel, but in the same context has exempted import tariffs on refined copper, making a visible contrast between the metals. The exemption has been made with consideration of the key role of the...
Washington’s borrowing spree is about to hit historic levels. After the latest debt ceiling standoff left its cash reserves depleted, the US Treasury is preparing for one of its largest-ever borrowing sprees. It’s a stark reminder of how costly political standoffs can be, as rising government...
The global rare earth metals market is undergoing a major market shift, as US price interventions, Chinese export restrictions, and surging demand disrupt supply chains and compel countries to rethink their strategies. In mid-July, the US took a bold step to challenge China’s dominance in rare...
The recent expansion of United States tariffs on aluminium imports has increased the pressure on manufacturers who depend on the metal as a critical input. Wisconsin Aluminium Foundry (WAF), a century-old producer of aluminium and copper alloy castings based in Manitowoc, exemplifies how policy...
The European Union’s vaunted export engine is sputtering under the combined weight of tariffs, softer demand, and eroding competitiveness. June 2025 marked a dramatic turning point: according to ING’s latest analysis, the bloc’s seasonally adjusted trade surplus collapsed to just EUR 2.8 billion,...
Six months into Donald Trump’s 2025 tariff regime and it seems to be a never-ending roller-coaster journey with new sets coming in. So, what’s the update this time? More than 400 additional aluminium and steel product categories have come under the fold of 50 per cent tariffs. What are included?...
The European Union is still waiting for Washington to deliver on key promises made under the trade deal struck at the end of July 2025. While the agreement set a 15 per cent baseline tariff on European exports, already in effect since last week — Brussels says other critical measures remain...
Karnataka’s aluminium extrusion sector, once a steady contributor to India’s industrial ecosystem, is facing its toughest test in decades. A convergence of global trade shocks, inclusive of but not limited to the 50 per cent tariff imposed by the United States under President Trump, along with a...
A recent US ruling extending steep tariffs to include steel and aluminium-containing products is poised to drive up costs for both electric-vehicle components and aftermarket exhaust systems. This move is expected to significantly impact the cost structures of electric-vehicle components and...
Today three premier US and Canadian aluminium extrusion companies combine to launch Metra North America. Extruded Aluminum Company, Profile Custom Extrusions and Metra Canada unite as Metra North America to redefine aluminium extrusion quality, reliability and worth. “Simply put, we’re raising the...
