Tag: Export

AMU’s July survey found recyclers expecting lower Midwest Premium and UBC prices while demand softened, inventories declined and forward views remained mixed.

Canadian aluminum exports to the US have continued to drop since the introduction of tariffs in March 2025, with a growing share shipping off to Europe and Mexico.

We saw lower moves in base metals. Aluminum prices retreated by about 6.3% last week, shadowing crude lower on rising perceptions of easing metal outflows.

June survey responses showed scrap market participants becoming more cautious on premiums, scrap availability and exports, while downstream demand indicators remained comparatively firmer.

The remarks come head of the joint review of the US-Mexico-Canada Agreement, which replaced NAFTA, on July 1.

Global shipping volatility is tightening its grip on metal supply chains. And the risks are not easing; in fact, they’re escalating, according to Anton Posner, CEO of Mercury Resources.

Meanwhile, this week, President Trump is in Beijing for a crucial series of meetings with Chinese leader Xi Jinping. Discussions are expected to include trade, the Iran war, technology and agriculture.

Part 3 of this series examines aluminum exports from Oman, Saudi Arabia, and Qatar, focusing on product-specific roles in US import supply.

Looking beyond EGA and Alba, what do other UAE and Bahrain producers mean for specific US import product categories?

The US will apply tariffs to the full value of aluminum-containing imports under a new Section 232 framework with tiered duty rates.