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 […]
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 wants to 25% import tariffs for Canada and Mexico. And to do it as soon as Feb 1.
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.
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 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 […]
Are there other options for Canada then shipping aluminum to the U.S., should Trump implement additional tariffs on aluminum.
Tariffs, free trade zones, and the real roadblocks to domestic aluminum growth.
Your weekly rundown.
An update on U.S. government funded decarbonization projects for aluminum- Could the new president affect the progress?