What the news says
This order directly affects global aluminum prices, as the US is one of the world's largest aluminum markets. Import adjustments may alter the supply-demand balance and impact production costs for aluminum-using industries (automotive, construction, packaging).
06/21, 06:00 PM
The post reports that the Iran war caused a major aluminum supply shock, but price surge is blunted by producers' ingenuity in the Middle East and China.
The post reports that the Iran war caused a major aluminum supply shock, but price surge is blunted by producers' ingenuity in the Middle East and China.
Affected assets
bloomberg-industries
06/21, 06:00 PM
Related updates
investing-commodities · 07/21, 03:06 AM
Market reactionPresident Trump signs a proclamation adjusting imports of aluminum into the US, according to the White House.
jin10 · 07/19, 10:09 PM
High impactIran claimed its naval air defense shot down a US LUCAS drone off the southern coast, citing state media photos of a damaged drone.