Trump Rescinds Section 232 Tariffs On Canadian Aluminium, But Promises Reimposing Them Should Imports Spike
Donald Trump ended the import tariff on aluminium from Canada earlier this week, but he promised to reinstate it should...
United States Trade Representative
WTO Rules Against Trump-Era Section 232 Tariffs On Aluminium And Steel
Last week the World Trade Organization ruled that the Trump-era import duties on aluminium and steel violated international law. On Friday the three-judge tribunal found that the import tariffs on aluminium and steel instituted in 2018 were in violation of the WTO’s...
Exclusions Of Imported Aluminium Can Sheet Hurts China’s Battle Against Oversupply: Aluminum Association
The Aluminum Association voiced its opposition late last week to exclusion requests under Section 301 for aluminium can sheet originating...
Automotive Aluminium And Steel To Enjoy US$600 Million Surge Under USMCA: US Trade Representatives
According to a report prepared by the United States Trade Representatives’ office, automotive aluminium and steel stand to benefit from...
Events
Canada Says “No Deal” To Aluminium And Steel Quotas In Exchange For Exemption From Trump Tariffs
According to sources at the heart of talks between the United States and Canadian governments, the likelihood of Ottawa accepting quotas or other import limits in exchange for an exception to the blanket tariffs on aluminium and steel is approximately zero. An unnamed source who spoke with Canadian media last week characterized the idea of […]
Senator Schumer Calls for Prompt Action on Aluminium Imports from Trump Administration
U.S. Senate Minority Leader Charles E. Schumer (D-NY) published an open letter to Secretary of Commerce Wilbur L. Ross, Jr. and United States Trade Representative Robert Lighthizer on Tuesday, urging the executive branch to come to a timely resolution for the overcapacity of aluminium drowning the domestic aluminium industry. Citing the national security concerns raised […]
Ohio’s US Senators Call for WTO Action Against Chinese Aluminum Firms
Ohio’s two United States senators issued a joint press release on Friday urging the United States Trade Representative to bring a World Trade Organization case against the People’s Republic of China over its aluminium overcapacity. The senators say that 15,000 American workers have lost their jobs in the industry over the last decade. “China has […]
China Agrees to Drop Export Subsidies on Aluminium
The People’s Republic of China has agreed to end export subsidies that have helped to drown the aluminium market (among others) in an oversupply of the metal. United States Trade Representative Michael Froman made the announcement regarding an agreement ending the subsidies in question earlier today. “Today we have signed an agreement with China to […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
