Aluminum in the crosshairs
The impact of Trump’s proposed tariffs and the tightness in used beverage container scrap
Category: Global Trade
Week in review: Tariffs, Panama Canal and the Far East
Since Inauguration Day, people in the industry had a lot say…and we listened! Below are the key takeaways from what people in the industry, upstream and downstream, had to say this week. Trump’s Proposed Tariffs Timing and Process Industry and Market Outlook Broader Economic and Geopolitical Insights Economics highlights New home sales Monday, Jan. 27 […]
Reibus: Flatbed rates up slightly but uncertainty ahead
With construction seasonally soft, the flatbed market remains softer than the other main trailer types.
Alcoa beats earnings, warns tariffs could tighten aluminum market
As Alcoa looks ahead to 2025, the company is keeping a close watch on trade policies while focusing on growing its value-added aluminum products and securing its supply chain, despite global challenges. In the fourth quarter, aluminum production at the Alumar smelter in Brazil increased by 2%, reaching 571,000 metric tons as the facility continues […]
Trump's Playbook: Aluminum day-one, evening update
Trump wants to 25% import tariffs for Canada and Mexico. And to do it as soon as Feb 1.
Trump's playbook: Aluminum edition, day-one
The focus was on energy dominance, trade policy and deregulation which could provide opportunities for domestic growth, but they also raise questions about supply chains, global markets and long-term planning.
Week In Review - LME spreads take a hit while the industry braces for Inauguration Day!
Market Movement: Stocks are mixed this week bond yields are up after a strong jobs report on Friday.Job Numbers: Non-farm payrolls added 256k jobs, unemployment’s down to 4.1%, but inflation’s still stubborn—Fed might hold off on rate cuts.Upcoming Data: PPI and CPI reports drop this week—watch for inflation updates.Port Strike Avoided: Strike was called off […]
Can trade ties survive tariffs?
On January 10th, a newly formed Canada-U.S. Trade Council was formed. It is meant to smooth over growing trade tensions, inspired by the tariff threat, but skepticism is already running high. A service center I spoke with dismissed the council outright, saying, “The bios are heavy on politicians, which means little will be accomplished.” It’s […]
The pulse beat - WYKYK
The big bad backwardation – How the future’s spread will affect you
Some of you might be scratching your heads, wondering why you should even care about future’s spreads when you’re doing deals back-to-back. Well, hang tight, and I’ll break it down for you in plain terms. What happened to the Mar-April aluminum spread on the LME? The spread between March and April went into a backwardation, […]