AMU
February 21, 2025
CRU: US smelter restarts more likely due to Trump tariffs but remain limited
Written by CRU Group
President Trump announced earlier this month that he will increase the Section 232 tariffs indiscriminately from 10% to 25% to US imports of all aluminum.
The precise details and duration of the plan remain uncertain, but assuming the tariff on imported aluminum is enacted, CRU believes it will lead to a sustained step change in the Midwest premium. This will impact the economics of potential restarts in the US and may have implications for future expansion.
