Aluminium International Today Issue
All’s fair in aluminium, or is it?
It’ll come as no surprise that the top story in this issue is the tariffs slapped onto aluminium imports, by the US President.
Opinions across the industry are divided and key commodities have not escaped the fallout of the ‘protectionist’ step, which investors fear may hurt global growth.
Following the announcement on 1st March, 2018, the premium to get immediate delivery on aluminium from warehouses surged to its highest level in three years.
While the attention is focused on China, Canada contributes heavily to a healthy North American sector and President and CEO of the Aluminium Association of Canada, said: “If the United States hits its strategic allies such as Canada with measures, they are missing the appropriate target and they expose their economy to serious adverse effects that are greater than the expected gains.”
There is no denying the US Government is showing commitment to strengthening the industry, but as this issue will be printed before the official decision, just how much of a level playing field will be created remains to be seen...TBC!
The rest of this issue brings you technical articles on furnace technology, rolling case studies, and the latest developments in analysis and testing.
There is also a focus on anti-corruption efforts, pricing and more.