A self-inflicted wound: Americans now pay 75% more for aluminum than the rest of the world, and 64% more for steel. The price of protectionism is to drive up the cost of living for ordinary citizens and to destroy unprotected businesses’ ability to compete https://t.co/vHVuAmCi7q #TradePolicy #Protectionism #CostOfLiving #US
6/7 Estonia is continuing to push for an export ban on alumina to Russia. Alumina is a critical input for aluminum production, and aluminum remains strategically important for Russia’s defense and military industries. We must close every loophole that supports Russia’s war #Estonia #ExportBan #Aluminum #EE #RU
Got it. If Irish aluminum is used to kill Palestinians, it’s shouldn’t be sold, but if it’s used for Russian missiles killing Ukrainians, we just need to think about local jobs first. #IrishAluminum #Palestine #Ukraine #IE #PS #RU #UA
I do not recommend using aluminum foil for storing food, especially with acidic or salty ingredients.
The ongoing Iran war is significantly impacting China's commodity imports, with April data revealing a sharp decline in crude oil imports to their lowest level in nearly four years, attributed to decreased shipments through the Strait of Hormuz, while trade in metals such as aluminum and iron ore is on the rise despite overall declines in domestic steel production. #ChinaCommodities #OilMarket #GlobalTrade #AU #CN #IR #US
The ongoing conflict in Iran is significantly impacting China's major commodity imports, leading to a 20% decline in crude oil shipments in April compared to the previous year, while simultaneously boosting imports of metals like aluminum and maintaining steady iron ore arrivals as China adjusts its purchasing strategies in response to elevated prices and supply uncertainties. #ChinaTrade #Commodities #OilMarket #AU #CN #IR #US #IL
The ongoing closure of the Strait of Hormuz is causing significant disruptions to global supply chains and pricing for essential materials, particularly sulphur and sulphuric acid, which are crucial for the production of electric vehicle batteries, while concurrently affecting seemingly unrelated products like diet cola in India due to aluminum shortages. #ElectricVehicles #SupplyChains #CommodityPrices #AU #IN #ID #US #IR #AE #SA #CN #CL
The ongoing closure of the Strait of Hormuz poses significant risks to both the electric vehicle industry and consumer goods, as it disrupts the supply of sulphuric acid essential for battery production, leading to inflated costs and potential shortages of key metals like nickel and lithium, which in turn affects various markets, including aluminum and consumer products like Diet Coke in India. #ElectricVehicles #SupplyChain #GlobalEconomy #AU #IN #US #IR #ID #AE #SA #CN #CL
Ford steht aufgrund steigender Aluminiumpreise, bedingt durch geopolitische Konflikte und hohe Zölle, sowie Versorgungsengpässen bei einem wichtigen Zulieferer, besonders unter Druck, was sich in schrumpfenden Beständen und stark erhöhten Rohstoffkosten für den F-150-Pickup widerspiegelt. #FordF150 #AluminumPrices #SupplyChainIssues
Aluminum, a crucial metal for the global economy, is currently experiencing significant price increases due to high energy costs, supply constraints exacerbated by geopolitical tensions, and strong demand linked to the energy transition, with prices nearing historic highs around $3,600 per ton, reflecting a 47% annual increase and signaling a market deficit that may further escalate. #Aluminum #GlobalEconomy #SupplyChain #CN #PT #ES #IT #BH #QA #AE
EU Trade Commissioner Maroš Šefčovič is visiting Washington for the first time since the July 2025 trade deal, aiming to break the deadlock over the removal of 50% US tariffs on European steel and aluminum, while also addressing broader trade and investment relations amid stalled negotiations and ongoing political pressures. #EUTrade #USTariffs #SteelAndAluminium #EU #US
