[UAE Aluminum Exports to the US Surge Ahead of Tariff Implementation]
According to data from the US Department of Commerce, the UAE exported 68,560 mt of aluminum to the US in the first 11 days of March, far exceeding the 16,125 mt exported in March 2024, marking a two-year high. This move aimed to complete shipments before the 25% aluminum tariff imposed by the Trump administration took effect on March 13.
In 2024, Canada accounted for approximately 70% of US aluminum consumption, with the UAE ranking second at 8%. Analysts pointed out that the UAE's production costs are lower than Canada's, making it competitive even under the impact of tariffs. EGA stated that due to global trade tensions, aluminum price volatility is expected to persist, while the alumina market may stabilize with the release of new capacity.
