20 AUGUST 2025AlCircle.com
Global Aluminium Ingot Prices tumble in Q2 2025 amid tariffs, oversupply, and weak demand
Edited by : Aranya Mondal
5 min read
Aluminium markets endured a turbulent first half of 2025, with ingot prices slumping sharply in the second quarter across North America, Asia-Pacific, and Europe. Oversupply, sluggish downstream demand, and rising inventories all weighed heavily, while US tariff policy further unsettled trade flows.
The pressure intensified in July as Washington doubled tariffs on aluminium imports to 50 per cent, a move that disrupted supply chains and reshaped price dynamics.
North America: tariffs, stockpiling, and demand weakness
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