The cost of aluminum for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.

. . .

The U.S. is a major importer of aluminum used widely in the transport, packaging and construction industries, shipping in 5.46 million metric tons of aluminum products in 2023, according the U.S. Commerce Department.

According to the Commerce Department, Canada accounted for 3.08 million tons or 56 per centof aluminum product imports to the United States for domestic consumption in 2023, the latest full year data available.

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  • piccolo
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    11 hours ago

    Because the US public invested in a massive road network and let the rail network deteriorate?..

    • Arkouda@lemmy.ca
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      10 hours ago

      Its 2025, and trains are still the cheapest and most efficient way of moving material. Now if canada builds a trans artic rail to europe…

      Because the US public invested in a massive road network and let the rail network deteriorate?..

      Thank you for proving my point in an attempt to argue against it.