March 21, 2025

BMO changes some mortgage rules for steel, aluminum business owners due to trade war

BMO also added the steel and aluminum sector to its list of industries that are more prone to risk.

March 20, 2025

India’s Hindalco to invest $5.2 billion across metals business

The company is on track to surpass 1 million ton of refined copper production, its chairman said.

March 17, 2025

Trump administration seeks delay in Nippon Steel case for merger talks

Trump in February said that he would not mind if Nippon Steel took a minority stake in US Steel.

March 17, 2025

Trump says no exemptions on US steel and aluminum tariffs

Trump said reciprocal duties on US trading partners would come alongside auto duties.

March 14, 2025

Rusal to buy 50% stake in Indian alumina refinery owner in stages

The company lost about 40% of its alumina supplies after Australia halted exports to Russia.

March 13, 2025

Rusal posts near three-fold jump in annual profit on rising demand

The world's largest aluminum producer outside China posted a net profit of $803 million for the year ended December 31.

March 13, 2025

Canada initiates WTO dispute complaint on US steel, aluminum duties

The move follows a separate request for consultations with the US after Trump's new 25% tariffs on imports from Canada and Mexico took effect.

March 12, 2025

Column: Bad news for American beer drinkers as aluminum tariffs kick in

Some suppliers to the US could be looking to avoid Trump's tariff tantrums by re-directing sales to Europe, suggests Reuters columnist Andy Home.

March 12, 2025

Trump metals tariffs draw swift retaliation from Canada and EU

Canada, the biggest foreign supplier of steel and aluminum to the US, has announced 25% retaliatory tariffs on goods worth C$29.8 billion in total.

March 11, 2025

Trump rules out Australian steel, aluminum tariff exemptions

White House spokesman Kush Desai confirmed in a statement that the planned levies would come into effect from midnight on Wednesday.