"When Tariffs Move Markets Like pretty much all market prices, Aluminum fell precipitously shortly following President Trump's reciprocal tariff announcement at the end of March. Since China, the EU, and the US are the three largest global aluminum market consumers, the US deployment of tariffs on aluminum imports triggered a price hike that has continued to the present. The US market was impacted in a number of ways that contributed to the global price elevation:"
"Since the goal of the tariffs was to support domestic production, imports, with some aluminum items taxed as much as 50%, were subsequently priced too expensively to make it worthwhile for export nations to ship to the US. With imports curtailed and domestic production having no lead time to gear up for production, US inventory supplies dwindled, causing accelerated price demand. Ironically, the BBB tax cuts have boosted US manufacturing in automobiles, aircraft, consumer and industrial container packaging, construction, and other domesti"
Aluminum prices climbed about 38% (over +842 points) to roughly $3,090 per ton, reaching near all-time highs. The rise occurred alongside significant gains in gold, silver, and copper. Tariffs on aluminum imports, including taxes up to 50%, curtailed shipments to the US and raised import prices. Domestic production lacked lead time to increase output, causing inventories to dwindle and upward price pressure to accelerate. Stronger manufacturing demand, supported by BBB tax cuts, boosted consumption across autos, aircraft, packaging, construction, and other sectors. Geopolitical policy shifts and tighter supply sustained the price momentum, creating opportunities for related stocks.
Read at 24/7 Wall St.
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