[SMM Aluminum Flash News] US 50% Aluminium Tariffs Tighten Supply as Imports Decline

Published: May 29, 2026 11:46 (GMT+8)

Save

Data from Industrious Labs showed that US 50% tariffs on primary aluminum have significantly reduced imports, with shipments from Canada falling 25% YoY and not fully replaced by other suppliers. Total available primary aluminum in the US, including domestic production and imports, has dropped to its lowest level since tariffs were introduced in 2018, even below pandemic lows. Meanwhile, US primary aluminum output has remained around 0.7–1.0 million tones since 2017, while demand could rise by as much as 40% over the next decade. Markets believe supply risks from the Middle East, high electricity costs and long smelter expansion timelines will keep the US aluminum market tight in the near term.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

9 mins ago

India's ADC 12 Prices Drop as LME Aluminium Corrects and Japanese Demand Soft

India’s ADC 12 prices faced downward pressure amid a decline in LME aluminium 3-month prices, while market participants assessed the impact on domestic ex-works prices in Mumbai and Delhi and export offers to Japan.

9 mins ago

30 mins ago

SMM Alumina Index at RMB 5.67/mt Premium on Oct 8

Basis Daily Report: According to SMM data, on October 8, the SMM Alumina Index stood at a premium of RMB 5.67/mt over the latest transaction price of the main contract as of 11:30.

30 mins ago

31 mins ago

Alumina Warrants Drop to 225,900 MT on Oct 8, Down 6,905 MT from Previous Day

Warrant Daily Report: On October 8, total registered alumina warrants stood at 225,900 mt, down 6,905 mt from the previous trading day. In Shandong, total registered alumina warrants were 3,897 mt, unchanged from the previous trading day. In Henan, total registered alumina warrants were 0 mt, unchanged from the previous trading day. In Guangxi, total registered alumina warrants were 49,599 mt, up 600 mt from the previous trading day. In Gansu, total registered alumina warrants were 24,868 mt, unchanged from the previous trading day. In Xinjiang, total registered alumina warrants were 147,500 mt, down 6,905 mt from the previous trading day.

31 mins ago