AMU Survey: Tariffs cast a shadow on the market
Demand is holding steady, but on-again, off-again tariffs continue to sow uncertainty in the markets, according to AMU’s monthly market survey.
Demand is holding steady, but on-again, off-again tariffs continue to sow uncertainty in the markets, according to AMU’s monthly market survey.
Aluminum Market Update’s exclusive survey of the aluminum industry is now available to subscribers
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
Not surprising, the major challenge to either restarting or building primary capacity pivots around finding affordably priced energy.
Since March 21 when UAE announced plans to invest $1.4 trillion in the US, including an aluminum smelter, the market has been waiting for details. Now, we have some.
While Michigan-based Superior did not name the “large North American OEM customer”, the scale suggests a major Detroit-based automaker.
In a quarter where aluminum prices rallied and shipments nudged upward, Novelis found itself caught between expansion plans and unfortunate timing.
The partnership could reshape how recycled aluminum is processed and delivered to customers across the United States.
Litho sheet is typically costly and a rare grade of scrap to come by. Unlike other more specific alloys, like 6061 or 5052, it can be consumed by just about anyone or added to just about any melt mix.
Since the aluminum market is subject to Section 232 tariffs of 25%, regardless of source, and which supersedes the 10% tariff, it would bring the effective tariff rate on aluminum products brought into the US from China to 45%.