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 […]
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, […]
This week showed just how important aluminum is to the U.S. and global economy. Talks about new Trump tariffs are focusing on protecting American manufacturers from unfair competition, especially from China, while building stronger partnerships with allies like Canada. The goal is to ramp up domestic production and recycling, invest in infrastructure, and secure affordable […]
The aluminum and scrap markets are currently facing a mix of challenges and cautious optimism as industry players navigate fluctuating supply and demand conditions. Scrap market dynamics Manufacturers and mills are reporting an unbalanced scrap market. Some mills believe that the supply of mid to high-value scrap has been mostly reprocessed, but there is an […]
Challenges to Both Importers and Exporters
Tariffs, free trade zones, and the real roadblocks to domestic aluminum growth.
Declining recycling rates and tightening supply chains are amplifying concerns across the market.
Your weekly rundown.
The CBP issued the order after it found that Kingtom Aluminio allegedly used forced labor in its production process.
Your CliffsNotes from the week