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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Upstream recap: Reigniting tariff tension as Donald Trump imposes sweeping tariffs of upto 245% on Chinese imports
2025 can be called as the year of trade, tariffs and war. This week or that week, the tariff implications are growing stronger and more tensed with each passing day. The latest salvo being Scott Bessent’s statement that “all options are on the table,” including the potential delisting of Chinese...
Trump government’s response to India at WTO: 'Tariff is for security, not safeguards'
In response to India’s complaint to the World Trade Organization (WTO) on April 11 , labelling the US tariffs as safeguard measures, the United States countered by asserting that the tariffs were imposed on national security grounds, not as safeguards. Image source: Wikipedia The Trump...
Aluminium prices sink below $2,400 amid US-China tariff clash
Aluminium futures remain under pressure, trading below USD 2,400 per tonne and holding near their eight-month low of USD 2,340 hit on April 9. The slump is an after-effect induced by escalating US-China trade tensions that have cast a shadow over global manufacturing. Following tit-for-tat tariff...
Tariff is a pro for North America’s optimistic demand projection for 2025; 2024 already shows a 3.4% growth, setting the stage right
North America (US and Canada), which is currently embroiled in the ongoing trade war, is otherwise a key aluminium market, with demand consistently reaching millions of pounds annually, primarily driven by semi-fabricated and mill product. Although the demand decreased in 2023 to 26,087 million...
Alcoa’s Q1 2025 performance displays stable 26% EBITDA growth amid first phase of tariff pressure
Alcoa Corporation delivered a robust financial performance in the first quarter of 2025, marking a sharp turnaround from the prior year and a solid improvement over the previous quarter. Net income more than doubled sequentially, driven by higher aluminium prices, effective cost management, and...
US once again wielded tariff stick, accelerating domestic inventory destocking and leading to range-bound consolidation of SHFE aluminium
Futures: Last night, the most-traded SHFE aluminium 2506 contract opened at RMB 19,550 per tonne, with a high of RMB 19,635 per tonne, a low of RMB 19,505 per tonne, and closed at RMB 19,635 per tonne, up RMB 65 per tonne, or 0.33 per cent, from the previous close. Yesterday, LME aluminium opened...
Aluminium and alumina lift Canadian manufacturing sales in February, primary metals hit record high
Canada’s manufacturing sector posted modest overall growth in February, but the aluminium and alumina industry carried the weight. According to Statistics Canada, total manufacturing sales rose by 0.2 per cent to CAD 72.9 billion, the sector’s highest level since September 2023. The increase was...
Goldman Sachs turns bearish on aluminium price for 2025 amid tariff impact
On Monday, April 14, Goldman Sachs revised its aluminium price forecast for 2025, adopting a bearish outlook due to the impact of newly imposed US tariffs on aluminium and auto parts imports. The investment bank now expects aluminium prices to average $2,000 per tonne in the third quarter of 2025 —...
China to be hit again! US to impose new tariff on aluminium foil container imports
On April 11, 2025, the United States International Trade Commission (USITC) reportedly determined to issue antidumping duty orders and countervailing duty orders that imports of disposable aluminium containers, pans, trays, and lids from China are causing material injury to the US industry. The...
7 years later, India yet again turns to WTO for consultations with the US over aluminium and steel tariffs
India has recently turned to the World Trade Organization, requesting consultations with the United States over tariffs imposed on aluminium and steel imports by the Trump administration in 2025. As a valuable trade partner of the United States, exporting between 100,000-200,000 tonnes of aluminium...
Cracks in the supply chain? US delisting Chinese stocks could open new doors for aluminium businesses elsewhere
The latest shot fired in the ongoing US-China economic standoff could have far-reaching implications for the global aluminium industry. Speaking in no uncertain terms, Scott Bessent, an economic advisor to former President Donald Trump, stated that “all options are on the table,” including the...
The US announced exemptions for certain products from reciprocal tariffs, macro sentiment improved, with aluminium futures on rise
Futures: On Friday night, the most-traded SHFE aluminium 2506 contract opened at RMB 19,700 per tonne, with a high of RMB 19,720 per tonne and a low of RMB 19,615 per tonne, closing at RMB 19,690 per tonne, up RMB 50 per tonne or 0.25 per cent from the previous close. On Friday, LME aluminium...
Thailand seeks to strengthen US trade ties by cutting tariffs. Is it aiming to grow as a key aluminium scrap hub amid China’s retreat?
While many countries are retaliating against the United States with counter-tariffs, Thailand is taking a different approach - considering reducing existing taxes on American goods. But why? The goal is to boost imports from the US and, in return, secure a favourable trade deal from the Trump...
Short-term easing of international trade frictions, short-term bullish factors dominate
Futures: Last night, the SHFE aluminium 2505 contract opened at RMB 19,780 per tonne, with a high of RMB 19,810 per tonne and a low of RMB 19,670 per tonne, closing at RMB 19,725 per tonne, up RMB 110 per tonne, a 0.56 per cent increase. Last night, LME aluminium opened at USD 2,366 per tonne, with...
Here’s why Germany is buying while the US and China snooze in the global bauxite market
March has ushered in a striking divergence in the global bauxite landscape — North America and Asia are grappling with bloated inventories and cooling offtake. Au contraire, Europe, led by Germany, is scrambling to source feedstock amid a sudden uptick in industrial appetite. ChemAnalyst’s latest...
Tariff tango: EU slaps back at US in renewed trade skirmish
In a retaliatory move that’s reigniting transatlantic trade tensions, the European Union has announced a fresh wave of tariffs on USD 2.3 billion worth of American goods, a countermeasure to what it calls 'illegal' duties imposed by the US on EU steel and aluminium. This move comes nearly six years...
Valimet signs non-binding agreement with APWORKS, aims to produce Scalmalloy powder domestically
Valimet, based in Stockton, California, USA, has announced a non-binding agreement with APWORKS to produce Scalmalloy powder domestically through atomisation. Scalmalloy, a high-strength aluminium alloy specifically developed for additive manufacturing, is particularly well suited for various...
A breath of fresh air for SA aluminium: US reciprocal tariff exemption sends hope for global retailers
South Africa’s aluminium industry has breathed a communal sigh of relief following the announcement that aluminium will be exempt from the sweeping 30 per cent reciprocal tariffs unveiled by US President Donald Trump. The relief stems from a strategic carve-out for “critical minerals,” under which...
