This week was another rollercoaster in the aluminum and scrap industries, with tariffs once again front and center. The back-and-forth on trade policy has left buyers, producers, and traders scrambling to keep up with shifting enforcement timelines and new restrictions. Tariffs take effect, for now On March 4, the U.S. moved forward with a 25% […]
Tariffs and trade Aluminum market Supply chain and raw materials Industry and policy U.S.- Ukraine confrontation and Russia looming in the background Earnings and corporate updates What’s Next?
As the steel and aluminum markets wait to see how new tariffs will play out, one big question is what they will mean for demand. A panel hosted by SMU and the Association of Women in the Metal Industries (AWMI) Pittsburgh Chapter met virtually on Wednesday to discuss what the flurry of edicts from President […]
February didn’t let the aluminum market rest. Between tariff battles, supply chain disruptions, and big shifts in domestic production, we’re seeing a major reshaping of the industry. The U.S. is tightening trade policies, global premiums are fluctuating, and key players are making moves that will define the next few months. Here’s a full breakdown of […]
The 25% tariff on aluminum imports, implementing in Q1 2025, has completely shifted global trade flows. With country specific exemptions gone, Canada and Mexico are feeling the hit. With the playing field now level, the assumption was that the UAE and India would fill the gap, but now, Ukraine may be the wild card that […]
This week was a wake-up call, tariffs are expanding, supply chains are shifting, and pricing pressure is building. The market isn’t moving in a straight line, and companies that aren’t paying attention now will feel it later. Here’s this week’s key takeaways: Industry shifts: Openings and Closures What to watch next:
The latest round of tariffs on aluminum and steel isn’t just about stopping direct imports, it’s about shutting down the backdoors that have let foreign metal, especially from China, slip into U.S. manufacturing through other countries. The new rules focus on where the metal was originally smelted and cast, not just where the final product […]
The newly announced amendments to Section 232 boost the ad valorem duty (a volume-based tariff) from 10 to 25% of the declared customs value for primary aluminum. This boost in the rate gives Alcoa and Century windfall revenue gains as the Midwest physical premium responds to this. If we measure the windfall from Inauguration Day […]
On February 11, 2025, President Trump slammed the door on aluminum imports with a sweeping 25% tariff, eliminating all previous country exemptions. No more breaks for Canada, Mexico, or the EU, if aluminum is coming into the U.S., it’s getting taxed. Period. This move is a game-changer for manufacturers, processors, and buyers who rely on […]
What happened this week: Why it matters: What to watch next: For now, MWP remains elevated, but the key question isn’t if a correction comes, it’s when.