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South Korea’s GJR Aluminium faces hurdles in export negotiations following Trump’s tariff measures
13 MAR 20254MINS

South Korea’s GJR Aluminium faces hurdles in export negotiations following Trump’s tariff measures

GJR Aluminium, based in Hwaseong, Gyeonggi Province, has emerged as a key player in export negotiations, navigating complex global trade dynamics. Since early 2025, the company has been actively seeking partnerships with US firms, focusing on securing a substantial $5 million annual contract to...

EU hits back with a billion-euro counterpunch as persuasive tactics fail to tackle US tariffs
13 MAR 20256MINS

EU hits back with a billion-euro counterpunch as persuasive tactics fail to tackle US tariffs

The US steel and aluminium tariff has come into effect from March 12, and in response to it, the European Commission has launched immediate countermeasures on US imports into the European Union (EU). In a decisive retaliation against the US steel and aluminium tariffs, the European Commission has...

Back-and-forth announcements, retaliatory tariffs and uncertain timelines hog US aluminium businesses
12 MAR 20256MINS

Back-and-forth announcements, retaliatory tariffs and uncertain timelines hog US aluminium businesses

A couple of days after implementing the 25 per cent tariff on all aluminium and steel imports, US President Donald Trump exempted neighbouring nations Canada and Mexico from tariffs, but only for commodities included in the trade agreement of 2019 — the United States-Mexico-Canada Agreement...

From doubling tariffs to retreating by Donald Trump, a strange day in the global aluminium industry
12 MAR 20253MINS

From doubling tariffs to retreating by Donald Trump, a strange day in the global aluminium industry

US President Donald Trump is keeping the global aluminium market on edge for sure with his eccentric decisions on tariffs. For the first time in history, a single day saw both the announcement and the reversal of tariffs. On Tuesday, March 11, the President announced his plan to double tariffs on...

Aluminium alloy ingot prices take a wild turn, with record highs in the US and slumping in China
11 MAR 20254MINS

Aluminium alloy ingot prices take a wild turn, with record highs in the US and slumping in China

It’s a tale of two markets, wherein aluminium alloy ingot prices in China are stuck in the mud owing to downsized demand, and the US is witnessing an explosive spike, fuelled by tariffs and supply strains. Let’s break down what’s happening on the opposite sides of the globe. China is stuck in a...

Imported bauxite CIF index slightly adjusted downward; Spot alumina prices may fluctuate downgrade
11 MAR 20253MINS

Imported bauxite CIF index slightly adjusted downward; Spot alumina prices may fluctuate downgrade

Futures Market: During the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,195 per tonne, reached a high of RMB 3,206 per tonne, a low of RMB 3,181 per tonne, and closed at RMB 3,197 per tonne, down RMB 8 per tonne or 0.24 per cent, with an open interest of 201,000...

US employment data falls short of expectations, aluminium ingot continues destocking trend this week
10 MAR 20255MINS

US employment data falls short of expectations, aluminium ingot continues destocking trend this week

Futures: Last Friday, the SHFE aluminium 2504 contract opened at RMB 20,855 per tonne, with a high of RMB 20,920 per tonne and a low of RMB 20,790 per tonne, closing at RMB 20,880 per tonne, down RMB 5 per tonne or 0.02 per cent from the previous settlement. On the same day, LME aluminium opened at...

An open question: Is Trump postponing tariff implementation to balance trade and buy some time for critical mineral agreement finalisation?
10 MAR 20254MINS

An open question: Is Trump postponing tariff implementation to balance trade and buy some time for critical mineral agreement finalisation?

In a period defined by high-stakes trade battles and international power plays, few episodes have captured as much attention as the Trump administration’s sudden decision to postpone tariffs on Canada and Mexico. With a punchy mix of economic strategy and geopolitical manoeuvring, this move has...

US Commerce Department finalises anti-dumping and countervailing duties on Chinese aluminium containers
08 MAR 20252MINS

US Commerce Department finalises anti-dumping and countervailing duties on Chinese aluminium containers

The US Department of Commerce has reportedly determined the excessive imports of disposable aluminium containers, pans, trays, and lids from China sold at unfairly low prices in the US market. As a result, the department has set final anti-dumping duties ranging from 193.90 per cent to 287.80 per...

US aluminium premiums spike to a record $900/t, fueling hope for Novelis’ bottom line boost. But how?
07 MAR 20252MINS

US aluminium premiums spike to a record $900/t, fueling hope for Novelis’ bottom line boost. But how?

The soaring price premiums for aluminium on the physical market in the United States are believed to benefit Novelis, the US subsidiary of Mr Kumar Mangalam Birla-led Hindalco Industries. A Reuters report on March 5 highlighted that aluminium premium prices in the US physical market surged to a...

Korean firms LS Cable and LS Eco Energy bag $25 million aluminium cables supply deal to the US market
07 MAR 20252MINS

Korean firms LS Cable and LS Eco Energy bag $25 million aluminium cables supply deal to the US market

LS Cable and LS Eco Energy are set to supply medium-voltage (MV) aluminium power cables to the U.S. market for the first time, strengthening their presence in the region. On the 6th, the companies announced a $25 million (approximately 36.3 billion won) deal to provide 35kV aluminium cables to U.S....

India’s small-scale exporters push for import duty cuts amidst Trump tariff. Aluminium export scenario also under radar
06 MAR 20253MINS

India’s small-scale exporters push for import duty cuts amidst Trump tariff. Aluminium export scenario also under radar

Donald Trump's 25 per cent tariff on imported aluminium and steel, set to take effect on March 12, has left many domestic industries worried about rising prices and declining orders. As a result, India's small engineering goods exporters have called on the government to lower import tariffs on...

US-Ukraine critical minerals deal: A game-changer or just another diplomatic gamble for the metal industry?
05 MAR 20255MINS

US-Ukraine critical minerals deal: A game-changer or just another diplomatic gamble for the metal industry?

Over the past week, the United States and Ukraine have dominated news headlines — but not for the right reasons. After the US announced its support for Russia in blocking Ukraine's draft resolution at the United Nations, global attention shifted towards the US-Ukraine meeting held on February 28,...

US aluminium production marks a 3.5% M-o-M fall in November 2024 following a rebound in October
03 MAR 20252MINS

US aluminium production marks a 3.5% M-o-M fall in November 2024 following a rebound in October

According to the US Geological Survey, the United States' primary aluminium production experienced a monthly fall of 2,000 tonnes or 3.51 per cent, following a 4 per cent rebound in the previous month. On an annual calculation, the output marked a sharper decline of 9.8 per cent in November,...

Australia's hopes for US tariff exemptions dim as Foreign Minister Penny Wong calls it a difficult pursuit
01 MAR 20253MINS

Australia's hopes for US tariff exemptions dim as Foreign Minister Penny Wong calls it a difficult pursuit

From the early-mid month of February 2025, Australia has been actively seeking an exemption from the United States' 25 per cent tariffs on aluminium and steel, claiming the country's contribution to the US domestic market trade surplus as a key justification for securing an exemption. During this...

Century Aluminum in 2024: Steady net sales, increased net income and 5-year high production signal key turning point
27 FEB 20253MINS

Century Aluminum in 2024: Steady net sales, increased net income and 5-year high production signal key turning point

Century Aluminum Company, a global primary aluminium producer with operations in the United States and Iceland, has posted about its booming year ended December 31, 2024, with a new 5-year high record production at Sebree, steady net sales, and increased net income amid surging energy costs and raw...

Aluminum Association Congratulates Jamieson Greer as New US Trade Representative
27 FEB 20251MINS

Aluminum Association Congratulates Jamieson Greer as New US Trade Representative

Aluminum Association President & CEO Charles Johnson released the following statement on Jamieson Greer’s confirmation as US Trade Representative: “The Aluminum Association looks forward to working with Ambassador Greer to help promote a globally competitive U.S. aluminum industry while ensuring a...

Trump tariffs cause sleepless nights for the food & beverage industry! How will they manage the rising costs?
26 FEB 20254MINS

Trump tariffs cause sleepless nights for the food & beverage industry! How will they manage the rising costs?

Donald Trump's 25 per cent tariff on imported aluminium and steel has left many domestic industries worried about price hikes of end products, including the food retail industry, as it is one of the largest consumers of these metals, relying heavily on imports. The local and small companies of soft...