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.
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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.
The term aluminum was created by the man who first identified the existence of the element, British chemist Humphry Davy. Davy originally referred to the element as aluminum but ultimately altered the name to aluminium.
It’s like Soccer. The Brits used to call it soccer, short for Association (football) and only fell out of favour in Britain when they and the Yanks started changing their language usage to be different. Yank’s aversion to the letter U in anything, Brits going back to football and a number of other things.
So the original discoverer changed the name? Catch up, America
Don’t hold your breath. They dropped the U from almost every word with an O. And Canada, while still close with the UK and uses mostly the “Queen’s English”(not saying king’s, get stuffed) is close enough to the US to be infected by a lot of their terminology.
Gas not petrol.
Aluminum not aluminium.
Soccer not football.
Queen’s English can remain correct if referring to Queen Victoria.
Fair play.