Reported about 7 hours ago
US companies are increasingly looking to the Middle East, India, Chile, and Peru for aluminium and copper supplies to bypass hefty tariffs imposed by President Donald Trump. With Canada accounting for over half of US aluminium imports, analysts predict price increases as firms attempt to source metals from other regions. The anticipated tariffs have raised concerns about potential spikes in premiums for primary metals, signaling a significant shift in the US metal market strategy.
Source: YAHOO