Tariffs toll: Aluminium demand drops across North America amid weak PMIs

The protectionist tariff strategy once touted by US President Donald Trump to revitalise domestic aluminium and steel production appears to be yielding the opposite effect - at least in early 2025. Industry indicators point to a clear downturn, with aluminium demand and production trending downward during the first quarter of the year.
Image credit: Aluminum Association
PMI signals early warning
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