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Downstream weekly recap: MRC becomes the exclusive aluminium supplier for Lucid Motors in a game-changing 3-year partnership
03 FEB 20242MINS

Downstream weekly recap: MRC becomes the exclusive aluminium supplier for Lucid Motors in a game-changing 3-year partnership

Maaden Rolling Company (MRC), a subsidiary wholly owned by the Saudi Arabian Mining Company (Maaden), recently forged a three-year supply arrangement with Lucid Motors, a leading electric car manufacturer based in the United States. Alumex PLC, a standout in the realm of aluminium extrusion,...

CAGR unveiled: US imports from Canada plummet by 62.11%, contrasting Mexico's 14.61% Y-o-Y surge
30 JAN 20242MINS

CAGR unveiled: US imports from Canada plummet by 62.11%, contrasting Mexico's 14.61% Y-o-Y surge

The United States Geological Survey (USGS) data suggests that Canada and Mexico have emerged as two of the biggest aluminium scrap exporters to the USA. Firstly, the global emphasis on sustainability and eco-friendly practices has encouraged increased recycling efforts. As aluminium is renowned for...

Dive into the refreshing fusion of spirits and cranberry with Absolut's newly launched RTD in aluminium cans
29 JAN 20243MINS

Dive into the refreshing fusion of spirits and cranberry with Absolut's newly launched RTD in aluminium cans

Absolut has officially launched its new ready-to-drink (RTD) collection, featuring the perfect blend of Absolut Vodka and Ocean Spray Cranberry Juice. The newly launched RTD beverage comes packed in sustainable aluminium cans and is now accessible in the United States, offering a convenient and...

New Madrid smelter at exit stage signals shrinking landscape for US primary aluminium industry
27 JAN 20243MINS

New Madrid smelter at exit stage signals shrinking landscape for US primary aluminium industry

The second-largest aluminium smelter in southeast Missouri is set to cut back its operations by January 28, leading to a situation where "most employees" will no longer be necessary, as reported by local news on January 24. The information is sourced from a letter issued by the plant management....

Malaysia beats India and emerges as the highest importer of aluminium scrap from the US in Nov’23
26 JAN 20242MINS

Malaysia beats India and emerges as the highest importer of aluminium scrap from the US in Nov’23

In November 2023, the United States exported 163,000 tonnes of aluminium scrap versus 170,000 tonnes in October. That reflected a month-on-month decline of 7,000 tonnes or 4.12 per cent. According to the US Census Bureau data, the export in November marked the second back-to-back fall. In October,...

China’s 2023 aluminium wheels exports reflect a mediocre growth owing to slow economy & anti-dumping policies
26 JAN 20242MINS

China’s 2023 aluminium wheels exports reflect a mediocre growth owing to slow economy & anti-dumping policies

According to China customs data, China’s aluminium wheels exports amounted to 72,600 tonnes in December 2023, reflecting a month-on-month fall of 6 per cent but a year-on-year hike of 9 per cent. The total export volume through the year, thus, stood at 934,000 tonnes, up by 58,500 tonnes from the...

US primary aluminium production establishes a bearish trend for H2 2023 with a 1,000 tonnes fall in November output
25 JAN 20242MINS

US primary aluminium production establishes a bearish trend for H2 2023 with a 1,000 tonnes fall in November output

According to the US Census Bureau data, the United States' domestic primary aluminium production showed no change in November 2023 from the previous month, remaining at 61,000 tonnes. However, on a year-on-year basis, the output experienced a 1,000 tonnes fall from 62,000 tonnes. Detailed...

Atlantic Alumina welcomes the advancement of 45X advanced manufacturing credits
23 JAN 20242MINS

Atlantic Alumina welcomes the advancement of 45X advanced manufacturing credits

Atlantic Alumina and Concord Resources welcome the issuance of guidance on the United States Inflation Reduction Act (IRA) 45X Advanced Manufacturing Production Credits. The Department of the Treasury and the Internal Revenue Service recently issued guidance on the United States Inflation Reduction...

Energy challenges threaten Magnitude 7 Metals' eminence in the US aluminium industry: Renew Missouri
19 JAN 20243MINS

Energy challenges threaten Magnitude 7 Metals' eminence in the US aluminium industry: Renew Missouri

In the intricate web of the US aluminium industry, Magnitude 7 Metals faces an uncertain future, caught in the crossfire of financial struggles and soaring energy costs. As the industry grapples with these challenges, Renew Missouri, a prominent non-profit clean energy advocate, endeavours to...

AHRI leads multi-association effort urging commerce secretary to review, narrow scope of aluminium extrusions ITC investigation
17 JAN 20243MINS

AHRI leads multi-association effort urging commerce secretary to review, narrow scope of aluminium extrusions ITC investigation

On January 16, 2024, letter, the Air-Conditioning, Heating, and Refrigeration Institute (AHRI), the National Association of Home Builders, the American Trucking Associations, and the National Retail Federation joined a large coalition of trade associations and industry groups in urging U.S....

India & US to implement joint monitoring mechanism to ensure tariff-free aluminium exports
02 JAN 20242MINS

India & US to implement joint monitoring mechanism to ensure tariff-free aluminium exports

The Ministries of Mines, Steel, and the Department for Promotion of Industry and Internal Trade (DPIIT) have planned to set up an internal monitoring mechanism to ensure additional tariff-free aluminium and steel product exports to the United States. Earlier, Indian export of aluminium and steel...

US aluminium plates, sheets and bars exports to Mexico shrink 5.77% in Q3 2023
01 JAN 20242MINS

US aluminium plates, sheets and bars exports to Mexico shrink 5.77% in Q3 2023

In September 2023, the United States aluminium plates, sheets and bars exports to Mexico amounted to 23,000 tonnes, reflecting a month-on-month downfall of 10.85 per cent, according to the US Geological Survey. The decline occurred in September following an increase of 4.45 per cent in August from...

End user recap: Austal secures massive $1.3 billion deal with U.S. navy for medical ship construction
30 DEC 20233MINS

End user recap: Austal secures massive $1.3 billion deal with U.S. navy for medical ship construction

Austal, the famous shipbuilder financed by the Forrest family, is said to have landed a coveted contract worth about $1.3 billion for designing and building three medical boats solely for the US Navy. This recent transaction adds to the Perth-based company's already enormous order book of $11...

Primary weekly recap: WTO dispute panel overrules Turkey negating trade duty imposed on US aluminium and steel; EN+ Group appoints Mikhail Khardikov as CEO
30 DEC 20236MINS

Primary weekly recap: WTO dispute panel overrules Turkey negating trade duty imposed on US aluminium and steel; EN+ Group appoints Mikhail Khardikov as CEO

This week, there has been news about the current state of the aluminium industry in China, with some regions facing supply constraints while others are trying to lower prices. The operational rate of the sector declined last week compared to the previous week. The World Trade Organization (WTO)...

US aluminium market shifts: Malaysia's imports surge to commanding 41% of exports by Sept 2023
29 DEC 20232MINS

US aluminium market shifts: Malaysia's imports surge to commanding 41% of exports by Sept 2023

Malaysia is a major aluminium importer from the United States. In 2022, the country accounted for 17 per cent of the United States aluminium crude metals and alloys exports and 20 per cent of the United States aluminium scrap exports. Till September 2023, Malaysia accounted for 41 per cent of the...

WTO panel gives anti-Turkey judgement disapproving additional duties on US aluminium and steel
29 DEC 20233MINS

WTO panel gives anti-Turkey judgement disapproving additional duties on US aluminium and steel

In a revolutionary decision by the World Trade Organization (WTO) dispute panel, Turkey finds itself compelled to rescind additional duties imposed on imports from the United States. This move has reverberations within the intricate web of global aluminium trade dynamics. The panel's verdict stems...

U.S. Navy contracts aluminium shipbuilder Austal to build three medical ships for $1.3 billion
25 DEC 20233MINS

U.S. Navy contracts aluminium shipbuilder Austal to build three medical ships for $1.3 billion

Austal, the renowned shipbuilder backed by the Forrest family, has reportedly secured a prestigious contract worth almost $1.3 billion for designing and constructing three medical vessels exclusively for the US Navy. This latest deal adds to the already impressive order book of $11 billion that the...

US aluminium crude metals and alloys imports show a slight improvement in September 2023
22 DEC 20232MINS

US aluminium crude metals and alloys imports show a slight improvement in September 2023

In September 2023, the US aluminium crude metals and alloys imports stood at 309,000 tonnes, reflecting a month-on-month increase of 9.2 per cent from 283,000 tonnes. But despite the hike, the import volume in September could not match the amount in July 2023. In July, the imports were recorded at...