
New auto tariffs could reshape aluminum demand
This is bigger than just about cars. It’s a signal that trade policy is back on the table in a big way.
This is bigger than just about cars. It’s a signal that trade policy is back on the table in a big way.
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 […]
This first week of February 2025 saw tariffs dominate the aluminum market conversation, with Trump imposing 25% tariffs on Canadian and Mexican imports, then delaying their implementation for 30 days after negotiations with both governments. China wasn’t so lucky, as the U.S. followed through with a 10% tariff on Chinese goods, prompting immediate retaliatory tariffs […]
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 […]
Century said global aluminum demand has already been at record levels in 2024, driven by trends toward electrification and light weighting.
CMC CEO has faith the underlying near and long-term demand fundamentals remain strong based on customer conversations.
Scrap Expo signals accelerated advancements in sortation and growing demand for high-recycled content metals.
Kaiser Aluminum said it does not anticipate closures at its other manufacturing sites.