- cross-posted to:
- canada@lemmy.ca
- cross-posted to:
- canada@lemmy.ca
The cost of aluminum for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.
. . .
The U.S. is a major importer of aluminum used widely in the transport, packaging and construction industries, shipping in 5.46 million metric tons of aluminum products in 2023, according the U.S. Commerce Department.
According to the Commerce Department, Canada accounted for 3.08 million tons or 56 per centof aluminum product imports to the United States for domestic consumption in 2023, the latest full year data available.
No need to make anything up. We share a land border with Denmark (Hans Island), and we have two little islands off of Newfoundland that are the territory of France (St Pierre and Miquelon). We’re really just far, far, western Europe. 😀