The cost of aluminum for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted.

The cost of aluminum for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.

. . .

The U.S. is a major importer of aluminum used widely in the transport, packaging and construction industries, shipping in 5.46 million metric tons of aluminum products in 2023, according the U.S. Commerce Department.

According to the Commerce Department, Canada accounted for 3.08 million tons or 56 per centof aluminum product imports to the United States for domestic consumption in 2023, the latest full year data available.

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  • unexposedhazard@discuss.tchncs.deEnglish
    141·
    14 hours ago

    I mean your country IS under educated and it does need to lose some of its dominance imo. The US and its market influence is the main driving force behind all the bad IP law and privacy disasters of the past few decades. Countries need to start ignoring the US more when making decisions.