[SMM Aluminum Flash News] UAE Imposes Four-Month Temporary Export Ban on Certain Aluminum Scrap

India said its free trade agreement (FTA) with the European Union includes a dedicated CBAM roadmap to help businesses comply with the EU's Carbon Border Adjustment Mechanism. According to the Commerce Ministry, the agreement provides a framework for future discussions on CBAM flexibility and the recognition of carbon pricing paid in India, helping reduce compliance costs for exporters. The government also plans nationwide outreach programmes to assist SMEs with carbon accounting and verification requirements. The India-EU FTA is expected to be signed in 2026 and could enter into force in 2027.

UK-based aluminum extrusion supplier LA Metals has completed a management buyout, marking the start of a new growth phase. Under the new ownership, the company plans to invest in laser cutting systems and additional manufacturing equipment to expand its aluminium processing capabilities, increase production capacity, relocate to larger premises and hire more employees. Founded in 1987, LA Metals supplies aluminum extrusion products to customers including Next, Burger King and the UK Ministry of Defence, with the investment expected to strengthen its position in the UK's aluminium extrusion and fabrication market.