Us Midwest Aluminium Premium Soars to Record High
The price premiums for aluminium on the physical market in the United States have surged to a record high due to the looming threat of tariffs on imports of the metal used in the transport, construction and packaging industries. The U.S. Midwest duty-paid aluminium premium at above 40 U.S. cents a lb or nearly $900 a metric ton is up nearly 60% since the start of 2025. Aluminium production capacity in the United States cannot meet domestic demand, leading to potential diversion of imports to other regions.
- As global aluminium supply chains face unprecedented pressure, countries may need to reevaluate their strategic partnerships and trade agreements to mitigate the risks associated with supply disruptions.
- Will the escalating US trade policies lead to a surge in investment in domestic alternative metal production, such as lithium or magnesium, which could potentially reduce dependence on imported aluminium?