Industry insiders predict that Japan's bargaining strength in quarterly premium negotiations for aluminium will continue to erode due to the slowdown in imports of primary alloys, and because Japanese companies have divested their overseas smelters.
Canada's Ontario on Tuesday agreed to suspend its 25 percent surcharge on electricity exports to three US states, after US President Donald Trump's threat to double tariffs on steel and aluminum from Canada.
According to data from March 7, the weekly total bauxite port arrivals at Chinese ports reached 3.889 million tonnes, a decrease of 681,400 tonnes compared to the previous week.