Aluminum prices remain range-bound, as they still lack the momentum to form a sustained up or downtrend. Despite relatively flat aluminum prices throughout H2, global aluminum premiums appear bearish.

Overall, aluminum prices witnessed a 9.07% decline throughout the month, followed by a modest 2.26% rise during the first half of August. High Chinese Aluminum Supply Offers Bearish Risk.

When Trump first instituted tariffs on steel and aluminum imports in 2018, Coca-Cola said the import tax increased the costs of making its cans and led to higher consumer prices for its products.

Tariffs would likely drive up the price of steel and aluminum in the U.S., because Canada and Mexico are major suppliers of those metals to the country. Canada is the largest source of imported ...