Import from Canada collapsed by 43%, and imports from India grew 2 times.
deliveries from Canada, in the past of the main supplier for the United States, in June decreased by 43% compared to the same period of the previous year. But at the same time, imports from India and other countries are growing.
In June, the United States imported 285 thousand tons of unprocessed aluminum according to the HD FED 7601 code compared to 383.1 thousand tons in June 2024. Thus, the import of unprocessed aluminum in the United States in June decreased by 25.6% compared to the same month of last year.
US President Donald Trump introduced 50% of the import of June 4, which caused fears from representatives of the American and Canadian aluminum industry that this step would limit the US access to a critically important Canadian Canadian access supplies of aluminum. The Aluminum Association of Canada said that this duty will force manufacturers to start reorienting part of their export to consumers from the EU. According to the American aluminum association, two -thirds of primary aluminum consumed in the United States are supplied from Canada.
Import from Canada, the largest aluminum supplier in the United States, was reduced by 43% of the g/g. Canada delivered 132.7 thousand tons of unprocessed aluminum compared to 232.6 thousand tons in June last year.
Alcoa aluminum giant dedicated to the financial results on July 16, said that in the 2nd quarter he redirected 100 thousand tons of Canadian products from consumers in the US duties.
A sharp reduction in supply from Canada to the United States was partially compensated by the growth of supplies from more remote countries.
The total volume of supplies from India in June amounted to 38.9 thousand tons, which is more than half as 18.5 thousand tons in June 2024.
experts of the industry previously stated that the tariffs would lead to a change in trade flows, as a result of which more Canadian aluminum will be sent to Europe, while the supply shortage in the United States will be replenished with manufacturers from India and the Middle East.
