Canada’s H1’26 aluminium exports dip 12.57% amid US tariffs: What does H2 hold?
The first half (H1) of 2026 witnessed Canada’s exports of unwrought aluminium taking a deep plunge. The country supplied a total of 1.33 million tonnes of aluminium products to the world including unwrought aluminium, bars, rods and profiles, aluminium foil, pipes and tubes, plates, sheets and...
US-Canada trade conflict widens as Canada hits US aluminium imports with 50% tariffs
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...
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Heineken delivers robust profit performance through US tariff headwinds and market instability
At a time when the whole world is experiencing inflation, tariff changes and shifting consumer behaviours, Heineken N.V. stands out as an example of operational resilience and foresight. The Dutch brewing company has been operating in a challenging environment with increasing US tariffs on...
The US-UK deal just ahead of August 1 hits pause on a TRADE TUSSLE. Triumph or Compromise?
The August 1 deadline looms just around the corner, and countries across the globe are preparing last-minute either to crack a deal with the US ahead of the reciprocal tariff implementation or to combat the ripple effect of the tariff across supply chains. In the meantime, when the world’s two...
April records a monthly surge of 2400 tonnes in US aluminium semis imports, with South Korea bagging the top position
According to the US Geological Survey data, the United States’ total imports of aluminium plates, sheets and bars in April 2025 closed at 101,000 tonnes, reflecting Y-o-Y downfall of 12,000 tonnes or 10.61 per cent from 113,000 tonnes. From January to April 2025, the amount of aluminium plates,...
Whistleblower triggers $4.9M settlement claims for Grosfillex over alleged aluminium duty evasion
In a high-stakes crackdown on trade fraud, the US Department of Justice has announced that patio furniture manufacturer Grosfillex Inc. will shell out $4.9 million to settle claims that it dodged US import duties on aluminium components shipped from China. The Pennsylvania-based company stands...
When tariffs double: How aluminium majors rewired Q2 2025 to survive
The US decision to double Section 232 aluminium tariffs to 50 per cent on June 4 (after sitting at 25 per cent since mid-March) instantly reshaped cost curves and trade flows. Producers exporting into the US saw margins squeezed despite a jump in the Midwest premium. Image for referential purposes...
Trump’s conscious move to exempt aluminium scrap from tariff is reflecting on booming recycling market
When the US slapped a steep 50 per cent tariff on imported aluminium earlier this year, it was pitched as a bold step to revive the country’s flagging smelters and bring metal production back home. But on the ground, something quite different is happening: scrapyards, not smelters are thriving....
Century Aluminum finalises $400 million private note offering for capital structure optimisation
Century Aluminum Company, a prominent US producer of primary aluminium, announces that the private placement of USD 400 million of 6.875 per cent senior secured notes due August 2032 has closed, solidifying the company's capital structure and extending debt maturity. The offering is viewed as a...
US aluminium tariffs begin to dent AMAG Austria’s earnings performance, with 15% drop in EBITDA
AMAG Austria Metall AG, the leading player in Austria's aluminium industry, has begun to feel the pinch of the US tariffs in its Q2 2025 earnings—though the impact so far remains modest. However, the full brunt is expected to hit in the second half of the year. The company had entered 2025 on a...
Kaiser Aluminium’s Q2 earnings outperform analyst estimates - a sign of resilience or temporary lift?
Kaiser Aluminium, a US-based company specialising in the manufacturing and sale of semi-fabricated speciality aluminium products, has released its quarterly financial report for the period ending June 30, 2025. The report highlights the company's continued focus on delivering high-performance...
US Court sustains Chinese firm's aluminium foil duty escapade verdict: a precedent for global commodity exporters
On July 21, 2025, the US Court of International Trade delivered a decisive ruling in Hanon Systems Alabama Corp. versus United States, rejecting the plaintiff’s challenge and sustaining the US Department of Commerce’s final affirmative determination in its anticircumvention inquiry on aluminium...
Global LNG exports and imports both up in June
Global liquefied natural gas exports and imports both climbed year-on-year in June 2025, yet the increase in exports decelerated, with the US still leading and the Middle East continuing expansion in exports. Image source: Asia Natural Gas & Energy Association Export landscape: US leads while...
Tariffs slam GM: will shifting production to the US reverse a $1.1 billion hit?
General Motors is facing one of its toughest quarters in recent times, as trade tensions take a direct toll on its global operations. The company reported a 35.4 per cent drop in second-quarter profit, with a USD 1.1 billion dent attributed to new US tariffs on imported vehicles and raw materials....
Steel & aluminium tariffs not included in US-Japan deal
Japan’s top trade envoy, Ryosei Akazawa, clarified on Wednesday in Washington that the recently announced US-Japan trade agreement does not waive or reduce the existing 50 per cent tariffs on Japanese steel and aluminium exports to the United States. Image for representational purposes “If you are...
Japan’s small firms brace for Trump’s tariff threats
As the Trump administration pushes ahead with plans to impose 25 per cent tariffs on Japanese imports including vehicles, steel, and aluminium from August 1, Japan’s small and medium-sized enterprises (SMEs) are gearing up for impact. Image for representational purpose Tokyo-based Mitsuwa Electric,...
US strikes bilateral deal with Southeast Asia! EU exports face the heat, India watches keenly
As the United States deepens its bilateral trade ties with Indonesia and Vietnam, a lion’s share of European exports to these Southeast Asian economies faces a potential risk of trade dislodgment. According to a recent media analysis, around 10 per cent of the European Union’s total exports to...
WTO briefing: US says India's retaliatory tariffs on steel, aluminium & automobiles are unfounded
In response to India's earlier warning about imposing retaliatory tariffs if the US doubled duties on aluminium, steel, and automobile imports, Washington has pushed back. On July 17, 2025, the US told the World Trade Organization (WTO) that India has "no legal basis" to retaliate using safeguard...
Canada to revise 25% tariff on the US trade on aluminium & steel?
A new development has surfaced in the US–Canada trade relationship. As of July 2025, Canadian Prime Minister Mark Carney announced a potential revision of the existing 25 per cent retaliatory tariff on US aluminium and steel products. This move is contingent upon the outcome of trade negotiations...
Bahrain’s $7bn Boeing order highlights resilient US trade partnerships
The US Department of Commerce signed a landmark commercial agreement between Boeing and Bahrain’s Gulf Air for the purchase of up to eighteen 787 Dreamliner aircraft, valued at USD 7 billion. The deal is expected to support more than 400,000 US jobs during production and delivery, reinforcing Gulf...
