
Tariffs, flat scrap and slippery LME
A turbulent week in aluminum - Tariffs tighten, prices slip, and the scrap market holds its breath.
A turbulent week in aluminum - Tariffs tighten, prices slip, and the scrap market holds its breath.
This first week of February 2025 saw tariffs dominate the aluminum market conversation, with Trump imposing 25% tariffs on Canadian and Mexican imports, then delaying their implementation for 30 days after negotiations with both governments. China wasn’t so lucky, as the U.S. followed through with a 10% tariff on Chinese goods, prompting immediate retaliatory tariffs […]
A rocky start to the new year
The aluminum coils, produced mainly from post-consumer scrap, are cleared to be used in Crown's beverage cans.
Highlights from the week