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Domestic "anti-rat race" efforts stimulate industrial metal rally, with aluminium prices fluctuating at highs
21 JUL 20256MINS

Domestic "anti-rat race" efforts stimulate industrial metal rally, with aluminium prices fluctuating at highs

Futures Market: On the previous trading day's night session, the most-traded SHFE aluminium 2509 contract opened at RMB 20,560 per tonne, with a high of RMB 20,795 per tonnes, a low of RMB 20,560 per tonne, and closed at RMB 20,770 per tonne, up 1.27 per cent from the previous close. LME aluminium...

Can Southeast Asia’s export economy withstand tightening US tariffs?
18 JUL 20253MINS

Can Southeast Asia’s export economy withstand tightening US tariffs?

Thailand’s Board of Investment (BoI) has announced strategic measures to help local manufacturers navigate the growing trade tensions with the US. In response to newly imposed US tariffs, the BoI has ceased promotional incentives for solar panel production, citing the industry's vulnerability to...

With the August 1 deadline looming, can the EU and US avoid a full-blown trade war?
18 JUL 20255MINS

With the August 1 deadline looming, can the EU and US avoid a full-blown trade war?

As trade tensions between the European Union and the US reach a critical point, the EU is preparing a second wave of retaliatory tariffs targeting billions of dollars in US exports each year. This move comes amid stalled negotiations and the looming threat of the US imposing steep 30 per cent...

Volvo faces $1B hit from EU-US auto trade row, urges EU to ease duties for reciprocal gains
18 JUL 20254MINS

Volvo faces $1B hit from EU-US auto trade row, urges EU to ease duties for reciprocal gains

The US-EU tariffs on each other’s automotive industry have already created a ruckus among the manufacturers, importers, and exporters of the same. A Swedish multinational automotive company like Volvo also could not escape the chaos and thus, appealed to the EU government to cut the tariff on US...

Trump's 50% aluminium tariff pushes Inalum to focus on the local market
18 JUL 20252MINS

Trump's 50% aluminium tariff pushes Inalum to focus on the local market

The state-owned aluminium smelting firm, PT Indonesia Asahan Aluminium (Inalum), has reportedly urged the government to revisit the country's import strategy to strengthen the local market , in lieu of anticipated reduction in exports to the United States due to Donald Trump’s decision of doubling...

Alcoa & Rio Tinto condemn Trump’s trade policy for $115-$321M added costs
17 JUL 20256MINS

Alcoa & Rio Tinto condemn Trump’s trade policy for $115-$321M added costs

Alcoa and Rio Tinto, two of the biggest aluminium players with significant operations in North America, are publicly challenging the very policy that once appeared to shield them. According to fresh revelations this week, Alcoa claims Trump’s aluminium tariffs have cost it USD 115 million in...

Century Aluminium prices USD 400 million private offering of senior secured notes
17 JUL 20252MINS

Century Aluminium prices USD 400 million private offering of senior secured notes

Century Aluminium Company, an integrated producer of bauxite, alumina and primary aluminium products and the largest primary aluminium producer in the United States, has announced the pricing of its previously disclosed private offering of USD 400 million aggregate principal amount of 6.875 per...

US semi-finished aluminium exports climb 11% in Q1 2025 - Is South Korea the new China with startling supplies?
16 JUL 20254MINS

US semi-finished aluminium exports climb 11% in Q1 2025 - Is South Korea the new China with startling supplies?

The United States’ dynamic transformation in aluminium trade landscape is very well reflected through its semi-finished product imports, specifically aluminium plates, sheets, and bars as they show both volume growth and evolving sourcing patterns in Q1 2025. Despite maintaining a modest 22 per...

Could rising US tariffs spark a new chapter in India-US trade tensions?
16 JUL 20253MINS

Could rising US tariffs spark a new chapter in India-US trade tensions?

On Tuesday, President Donald Trump asserted that the US is “making major progress” in gaining access to the Indian market, attributing the breakthrough to his administration’s increasing use of tariffs to pressure countries into lowering trade barriers. The remarks come amid tensions between...

China’s aluminium foil finds backdoor to the US? Vietnam & Thailand under DOC’s scanner
16 JUL 20253MINS

China’s aluminium foil finds backdoor to the US? Vietnam & Thailand under DOC’s scanner

On July 11, 2025, the US Department of Commerce (DOC) launched anti-circumvention investigations into disposable aluminium containers, pans, trays, and lids imported from Vietnam and Thailand. The petition was filed by the Aluminum Foil Container Manufacturers Association. But in general, US also...

Aluminium row heats up: EU resists US tariff threats, extends moratorium
16 JUL 20253MINS

Aluminium row heats up: EU resists US tariff threats, extends moratorium

The European Union is treading a tightrope of de-escalation and retaliation, extending its suspension of retaliatory tariffs on American goods until early August while at the same time drawing up a huge new list of countermeasures and seeking worldwide allies in reaction to new tariff threats from...

From cars to cans: the ripple effects of America’s 50% aluminium tariff on end-users
16 JUL 20255MINS

From cars to cans: the ripple effects of America’s 50% aluminium tariff on end-users

As global trade conflicts grow and political alliances change, American companies in many industries are struggling with rising tariffs on imported aluminium. Image for representational purpose Introduced on June 4, 2025, the 50 per cent aluminium tariff was meant to support US producers as...

NY Teachers Fund trims stake in Kaiser Aluminum in Q1
12 JUL 20252MINS

NY Teachers Fund trims stake in Kaiser Aluminum in Q1

New York State Teachers Retirement System has reduced its stake in Kaiser Aluminum Corporation by 37.1 per cent during the first quarter, according to recent SEC filings. The institutional investor sold 2,552 shares, leaving it with 4,327 shares valued at approximately USD 262,000 by the end of the...

Q1 2025: Thailand scooped up US aluminium scrap when rest of the world slowed down
11 JUL 20254MINS

Q1 2025: Thailand scooped up US aluminium scrap when rest of the world slowed down

While the United States witnessed a modest uptick in aluminium imports during Q1 2025, aluminium exports took a noticeable plunge. Not by a marginal 10,000 or 20,000 tonnes, but a steep 95,000 tonnes year-on-year. From 854,000 tonnes in Q1 2024, US aluminium exports (including scrap) shrank to...

India targets $3.82 billion in additional tariffs on US goods as aluminium trade tensions escalate
11 JUL 20254MINS

India targets $3.82 billion in additional tariffs on US goods as aluminium trade tensions escalate

While both nations, the US and India, engage in a Bilateral Trade Agreement (BTA) discussion, the latter country has shown an increased retaliatory action as opposed to the current import tariff on aluminium and steel imposed by the US. Recently, India announced to the World Trade Organisation...

Aluminium, part of sector 232, not under reciprocal tariff. Then, what is? And, who pays for it?
10 JUL 20255MINS

Aluminium, part of sector 232, not under reciprocal tariff. Then, what is? And, who pays for it?

“Tariff is the most beautiful word in the dictionary,” Donald Trump once declared. That wasn’t a throwaway line, but what seemed to be a transnational battle cry. Six months into his second term, the former and now current US President has turned the word into a policy instrument of unparalleled...

US on track for $300 billion in tariff revenue by year-end, says Treasury Secretary
09 JUL 20253MINS

US on track for $300 billion in tariff revenue by year-end, says Treasury Secretary

The United States is on course to collect as much as USD 300 billion in tariff revenue by the end of 2025, Treasury Secretary Scott Bessent revealed, highlighting the scale of President Donald Trump’s aggressive trade strategy. Speaking during a White House Cabinet meeting on Tuesday, Bessent...

20% hike in the United States Q1 aluminium imports - UAE’s role signals trade rethink
09 JUL 20253MINS

20% hike in the United States Q1 aluminium imports - UAE’s role signals trade rethink

A quarterly and annual jump in the United States aluminium imports during the first quarter of 2025 comes as no surprise – and here’s why. President Trump’s February 10 proclamation announcing steep tariffs on aluminium and steel imports, effective March 12, sparked a wave of anticipatory buying....