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Maxion and Novelis present innovative aluminium battery housing solution for electric commercial vehicles
25 Aug 20263MINS
Downstream
Maxion Structural Components, a key producer in the production of automotive structural components in the Americas, and Novelis, the world leader in aluminium rolling and recycling, jointly announce the development of an innovative battery housing solution for electric commercial vehicles. Developed from stamped rolled aluminium, using a new alloy specially created to meet this demand, the product—targeted at large vehicles such as buses and trucks—combines lightness, safety, and energy effic ...
Trump’s 50% auto tariff puts US-Canada trade, aluminium supply chain at risk
25 Aug 20267MINS
Downstream
The US-Canada trade debate has taken a sharper turn after President Donald Trump warned of raising tariffs on Canadian cars, trucks and automotive parts to 50 per cent from January 1, 2027. The move could have significant implications for the deeply integrated North American automotive supply chain, where cross-border movement of vehicles, components and aluminium-intensive parts is central to production. With Canada preparing retaliatory measures, automakers and suppliers now face greater unc ...

25 Aug 20262MINS
Primary AL
LME aluminium prices declined on August 24, while opening stocks remained unchanged.  The LME aluminium cash bid price stood at USD 3,215 per tonne on August 24, down from USD 3,226.5 per tonne on August 21, marking a decline of USD 11.5 per tonne. The cash offer price followed a similar trend. It fell to USD 3,215.5 per tonne from USD 3,227 per tonne, down 0.36 per cent. Both are down by 0.36 per cent. The LME aluminium 3-month bid price declined to USD 3,233 per tonne on August 24 from USD ...
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