Tariffs Impact U.S. Aluminum Production

This is a U.S. news story, published by CNBC, that relates primarily to Christophersen news.

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CNBC

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Business

Business & Economics

The aluminum sector isn't moving to the U.S. despite tariffs — due to one key reason

Summary

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85% Informative

Tariffs are succeeding in reshaping global trade flows and inflating costs for American consumers.

But they are falling short of their primary goal: to revive domestic aluminum production.

The barrier remains the lack of access to competitively priced, long-term power, according to the industry.

The tariffs are undeniably causing what Christophersen termed a "reshuffling of trade flows" The price impact has even extended to domestic scrap metal prices, which have adjusted upwards in line with the tariff-inflated Midwest premium.

Hydro, also the world's largest aluminum extruder, utilizes both domestic scrap and imported Canadian primary metal in its U.S. operations.

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English

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