Aluminum

Trump's Imminent 25% Tariff: A Looming Price Surge for Aluminum and Steel in the U.S.

27 days ago

Former President Donald Trump is slated to impose a significant 25% tariff on imports of aluminum and steel, a move anticipated to ripple through the U.S. economy starting in 2024. This policy shift is expected to elevate prices for a range of consumer goods and industrial products, potentially straining family budgets and altering the dynamics of U.S. manufacturing.

China's Latest Export Controls Create Turbulence in Aluminum Markets

1 month ago

In a significant development on the global commodities stage, China's announcement of new restrictions on aluminum exports has sent shockwaves through markets, leading to notable declines in aluminum stocks and prices. The Chinese government aims to tighten its grip on production quotas and regulate shipments of aluminum in an effort to bolster its domestic climate initiatives and manage resource scarcity.

Aluminum Prices Decline as Strong Dollar Pressures Metal Markets

1 month ago

Aluminum prices have continued to experience a downturn, primarily influenced by the strengthening of the US dollar. This trend was underscored in recent market reports, where economic factors and currency fluctuations have a significant impact on commodity prices, including metals like aluminum.

China's Aluminum Production Set to Reach New Heights as Power Supply Remains Strong

2 months ago

China is poised to extend its record-breaking aluminum production levels, supported by a stable power supply that has been bolstered by a substantial increase in energy generation capabilities. As the country navigates its energy landscape, recent data reveals that both power generation expansion and policy adjustments are propelling the metal’s output to unprecedented levels.