United States Government Lifts Section 232 Aluminium And Steel Tariffs On Mexico And Canada
The governments of the United States, Canada, and Mexico concluded 14 months of trade tensions on Friday with the announcement...
North America
Trump Tariffs On Aluminium Cost Beer Industry 40,000 Jobs: Beer Trade Groups
The Trump Administration’s Section 232 tariffs on aluminium have cost the beer industry dearly, leading to the loss of 40,000 jobs through the end of last year. Such was the message conveyed in a report released by the Beer Institute and National...
Alcoa, USW Agree To Continue Under Prior Agreement As Negotiations On New Accord Continue
American aluminium pioneer Alcoa Corporation said Thursday it has reached an agreemet with United Steelworkers to continue working under the...
Dajcor To Establish US$19.6 Million Aluminium Extrusion Operation In SE Kentucky
Kentucky’s Governor Matt Bevin announced plans by Ontario’s Dajcor Aluminum Ltd on Friday to construct a new, US$19.6 million plant...
Events
Breakthrough Between U.S. And Canada On Aluminium And Steel Tariffs Within Sight: Sen. Grassley
More signs of a breakthrough on Section 232 aluminium and steel tariffs between the United States and Canadian government emerged this week after comments from both governments reflected a renewed commitment to settling the issue in the near future. Republican Senator Chuck Grassley of Iowa relayed to reporters on Tuesday that a deal between Washington, […]
U.S. Trade Tension With China Prompts Rio Tinto To Shift Aluminium Exports To Europe: CEO Jacques
Anglo-Australian metals titan Rio Tinto Group says the trade troubles between the United States and the People’s Republic of China and the corresponding drop in demand in the States will see the firm shift shipments of aluminium to European customers. Such was the message delivered by Rio Tinto CEO Jean-Sébastien Jacques after the company’s annual […]
Aleris Reports Record Adjusted EBITDA Of US$85 Million In Q1
Cleveland rolled aluminium firm Aleris International, Inc. reported results for the first quarter on Wednesday. Though shipments rose over the first three months, the rise was not enough to keep the bottom line out of the red. In the first quarter the firm shipped 221 thousand metric tons of aluminium product, up on the year […]
Novelis Reports 8-Percent Jump In Sales During FY 2019
Atlanta’s rolled and recycled aluminium firm Novelis Inc. released financial results for the final quarter and full year of fiscal 2019 yesterday. The firm reported some of the strongest financial gains of its history for the fiscal year. In the just-ended quarter Novelis sold US$3.084 billion in product, up slightly on the year from last […]
Ball Corporation Inks Twin Deals To Move North American Operations To 100 Percent Renewable Energy
In a bid to transition to utilizing exclusively renewable energy, Colorado’s Ball Corporation announced late last month that it executed a pair of virtual power purchase agreements for 388 megawatts of new renewable energy. The agreements, of which one is for solar power and the other is for wind power, will fuel the entirety of […]
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A ...
Aluminium Extrusions Are Winning The Race For Battery Enclosure In EVs
Battery enclosures for electric vehicles (also called frames, housings or battery packs) have a pretty straightforward purpose: holding and protecting ...
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
