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.

Summary. GDP growth in China and the US, the world's two largest aluminum consumers, has slowed for months. Meanwhile, Europe and Japan continued to struggle with stagnant growth for much of 2024.

The aluminum industry had accomplished what other industries said was impossible. With hourly wages up 75% over 1939, the price of primary aluminum had been reduced by 30% (from 20¢ to 14¢ ...

The previous set of 25% tariffs on aluminum cost the U.S. beverage industry $1.7 billion between 2018 and 2022, according to the Beer Institute, an industry trade group.

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.

How new tariffs could make beer more expensive 03:23. Sweeping 25% tariffs on all U.S. steel and aluminum imports could cause prices on a range of consumers foods, including cars and washing ...

Aluminum tariffs risk higher prices for beverages packaged in aluminum cans, such as beer and soft drinks, some experts said. The previous set of tariffs on aluminum cost the U.S. beverage ...

Here are the prices that may increase as a result of the tariff escalation for steel and aluminum: Cars and trucks. Steel is the top material by weight in a car, accounting for about 60% of its ...