Container bookings and prices surge
Average bookings for the seven days ended on May 14th skyrocketed, which could cause bottlenecks, as containers getting stripped and shipped from the Los Angeles/Long Beach ports
Average bookings for the seven days ended on May 14th skyrocketed, which could cause bottlenecks, as containers getting stripped and shipped from the Los Angeles/Long Beach ports
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
While Michigan-based Superior did not name the “large North American OEM customer”, the scale suggests a major Detroit-based automaker.
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%.
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.
The Administration was eager to announce its first major trade deal on Thursday May 8. Unfortunately, the media probably gave more airtime to the news that Robert Prevost was the first American elected Pope in the Roman Catholic Church. Timing is everything…. but still the deal had important symbolism.
Week in Review: May 8, 2025
The new trade deal between the U.S. and the United Kingdom (UK) is being called historic, and for good reason. It gives American producers better access to UK markets and puts a hard quota on British car exports. But for metals and recycling, the bigger story may be the creation of what officials are calling a new union for steel and aluminum.
For domestic automotive manufacturers, first quarter earnings results defined by a familiar theme: suspended guidance and constant references to “tariff uncertainty”.
With tariffs back on the table, aluminum companies are feeling the squeeze. While most attention has focused on cost hikes and policy shifts, some critical tools are still in play. Foreign trade zones (FTZ) and in-bond warehousing may not offer the same levers they once did, but they still give companies a way to manage risk, improve flexibility, and stay competitive - especially if you're handling LME-grade primary aluminum or shifting toward recycled inputs.