Aluminium: Tariff tweaks offer little relief – ING

💡 DMK Insight

Aluminium tariffs are still a heavy weight on the market, and here’s why that matters: Despite discussions about a potential rollback, the core 50% levy on primary aluminium isn’t budging. This means domestic supply constraints will persist, keeping premiums elevated. Traders should be aware that these tariffs are a significant factor in the current pricing dynamics. Elevated Midwest premiums indicate strong demand against limited supply, which could lead to further price volatility. If you’re trading aluminium or related commodities, keep an eye on these tariffs as they directly impact your positions. On the flip side, if the market starts to price in any future changes to these tariffs, we could see short-term fluctuations. But for now, the fundamentals remain unchanged. Watch for any news that might hint at policy shifts, as that could trigger rapid movements. For those in the aluminium market, monitoring the Midwest premium levels will be crucial in the coming weeks.