Us Aluminium Premium
Mexico pushes for lower US aluminum tariffs as trade talks advance
Mexico and the United States are making progress toward a potential trade agreement, with tariffs on aluminum, steel, and automobiles among the key issues under discussion, Mexican President Claudia Sheinbaum said Friday. Sheinbaum said she had a "very good" phone call with U.S. President Donald Trump on Wednesday as the two countries work toward an agreement linked to the ongoing review of the United States-Mexico-Canada Agreement (USMCA). Mexican Foreign Minister Roberto Velasco and Economy Secretary Marcelo Ebrard also participated in the call. "Progress is being made toward a potential agreement between us, Mexico, and the United States," Sheinbaum said at a news conference. She did not disclose details of the discussion, saying the governments would not announce the agreements...
Canadian aluminum exports face a fresh blow as US tariffs climb to 100%
Canadian aluminum fabricators are warning that their US sales could disappear after the latest US tariff measures pushed duties on some aluminum products to as high as 100 per cent, making Canadian-made goods less competitive in the US market. The new measures include a 50 per cent US tariff on aluminum products that previously benefited from exemptions. When combined with the existing 50 per cent tariff rate on foreign supplies, some products now face a total levy of 100 per cent. For Canadian manufacturers that rely heavily on US customers, the change is already affecting export plans. Apex Aluminum Extrusions Ltd., a British Columbia-based manufacturer of aluminum parts for the construction industry and data centers, generates about 40 per cent of its sales from the US. “Our US...
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15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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Apex Aluminum Extrusions rejects US relocation as tariffs threaten exports
A Canadian aluminium extruder is refusing to move its production to the US despite facing a sharp increase in tariffs that could effectively shut it out of one of its largest markets. Apex Aluminum Extrusions, based in Langley, British Columbia, says more than 40 per cent of its sales previously went to the US. The company expects those exports to fall to zero as US tariff measures on aluminium extrusions intensify. Darren McQueen, head of Apex, said the combined impact of the latest measures would result in a 100 per cent tariff on the company's selling price from September 15, after Section 338 tariffs are stacked on top of Section 232 duties. "Forty-plus per cent of our sales were into the U.S., and that will drop to zero," McQueen said. The company produces aluminium profiles used...
Alcoa says Canada tariff cut alone won't bring US aluminium premium down
A cut in US tariffs on Canadian aluminium alone is unlikely to bring down the elevated Midwest aluminium premium significantly, according to Alcoa CFO Molly Beerman, as the US still relies on imports from other countries to cover a structural supply gap. Speaking at the Jefferies Global Industrials Conference in New York, Beerman said the US needs to import around 4 million tonnes of aluminium a year, while Canadian suppliers can provide roughly 3 million tonnes. The remaining 1 million tonnes must come from other markets, where tariffs or other trade barriers continue to support higher delivered costs. The Midwest premium, the surcharge US buyers pay above the London Metal Exchange aluminium price for physical metal, currently stands at USD 1.09 per pound (USD 2,403 per tonne). It has...
US-Canada tariff dispute puts North American auto-parts supply chains under pressure
The latest escalation in the US-Canada trade dispute is putting pressure on one of North America's most deeply integrated manufacturing networks, with auto-parts makers facing higher costs and growing uncertainty over where and how components should be produced. The two countries have spent decades building an automotive supply chain in which parts and materials routinely cross the border multiple times before reaching a finished vehicle. The latest tariff measures, including duties on aluminium and steel, threaten to disrupt that model and could force suppliers to reconsider long-established production routes. The immediate challenge for automakers and their suppliers is deciding whether to absorb higher costs in the short term or make expensive changes to their supply chains. For...
US-Canada trade conflict widens as Canada hits US aluminium imports with 50% tariffs
Canada's retaliatory tariffs on US goods, including aluminium and steel products, take effect as Washington intensifies pressure on Canadian industry. Canada is escalating its trade confrontation with the United States, imposing tariffs of up to 50 per cent on US imports worth CAD 27.6 billion (USD 20 billion), including aluminium and steel products, as tensions between Ottawa and Washington deepen. The countertariffs take effect at 12:01 am on Tuesday, following the breakdown of trade talks between the two countries. Canada's Finance Ministry confirmed the measures in response to an enquiry from dpa. The measures cover a broad range of US goods, including steel and aluminium products, household appliances, agricultural equipment, pulp and paper products and electronics. The move follows...
Canada doubles US steel and aluminium tariffs to 50% as trade conflict escalates
Canada will raise tariffs on US steel and aluminium to 50 per cent from September 8 as part of a CAD 27.6 billion (USD 19.88 billion) retaliatory package, while Ottawa introduces CAD 7.5 billion (USD 5.4 billion) in support for workers and businesses affected by the trade dispute. Canada will double its tariffs on US steel and aluminium from 25 per cent to 50 per cent , while imposing additional duties on more than 700 American products as trade tensions between the two countries intensify. The measures, which take effect on September 8, form part of a CAD 27.6 billion (USD 19.88 billion) retaliatory package. The federal government said the measures are intended to match the latest round of US tariffs on Canadian goods dollar for dollar. The new duties will also cover products including...
EU, Canada and Asia aluminium prices: Why $3,386/t benchmark can cost $5,792/t - read how regional premiums reshaped markets
What does a tonne of aluminium actually cost? The answer depends on where you are buying it. There is the price most of the market watches every day - the LME cash price. But a buyer waiting for aluminium to arrive at a Rotterdam warehouse, a US - Canada manufacturing plant or a Japanese port is dealing with something more complicated. The same primary metal can carry very different price tags once regional premiums, freight, tariffs and other costs enter the equation. That distinction became important in the first half of 2026. The LME cash aluminium price averaged USD 3,386 per tonne, compared with USD 2,538 per tonne in H1 2025, an increase of USD 848 per tonne, or 33.4 percent. But regional premiums moved very differently, meaning buyers in different parts of the world faced very...
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