Aluminum Premiums Diverge Across Global Markets

Via Metal Miner   A striking aspect of the aluminum premium and the aluminum market turmoil currently unfolding after Trump’s aluminum tariffs is how differently it’s playing out in the U.S. versus other regions. While premiums inside of the U.S. are rising, outside the United States, aluminum premiums are actually falling.

With U.S. tariffs shutting out or discouraging some imports, those metal volumes are being redirected elsewhere, leading to relative oversupply abroad.  In Europe, for instance, the going premium for aluminum…