Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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April 2019 | Aluminium Weekly Market Tracker

Primary and Secondary Fundamental Analysis

Analysis of consumption and production of primary aluminium, and an analysis of the market drivers of secondary aluminium and aluminium.

Demand Analysis:
Trump to make a decision on car import tariff in mid-May
Less than a month is left before the US President Donald Trump needs to make a decision on whether the country will impose a 25% tariff on car imports. Back in February, the US Commerce Department sent recommendations to Trump, and suggestions on at least some tariffs to be implemented on fully assembled cars or components related to electric, automated, connected and shared vehicles.

If it is implemented, the impact could be devastating
While there is a lot of uncertainty regarding the development, as automakers have been lobbying heavily to block any new tariffs on imported vehicles, we believe if Trump does approve such tariffs, it would be devastating for US car manufacturers an US consumers, as well as European car companies.

If a 25% import tariff is implemented, the most direct impact to the US car...


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