Tag: Midwest premium
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U.S. aluminium premiums jump 155% as tariffs and supply constraints escalate
Import tariffs and supply deficit lift prices Market remains tight despite soft Chinese demand Premiums for consumers buying aluminium on the U.S. physical market have hit record highs, driven by steep import tariffs and tightening global supplies. President Donald Trump doubled tariffs on aluminium imports to 50% on June 4 to encourage domestic production of…