L'impatto delle politiche tariffarie statunitensi sull'allume elettroliticoinum Prices
On April 17th, President Biden proposed raising tariffs on Chinese steel and aluminum to 25%, citing "unfair competition," during his visit to the headquarters of the United Steelworkers Union.
Following suit, Mexico's President Lopez signed a decree on April 22nd imposing temporary import tariffs ranging from 5% to 50% on 544 items including steel, aluminum, textiles, clothing, shoes, wood, plastics, and their products. However, due to aluminum shortages, Mexico later canceled the 35% tariff on aluminum imposed since late April.
Il 14 maggio, gli Stati Uniti hanno pubblicato i risultati di una revisione quadriennale delle tariffe 301 sulla Cina, annunciando ulteriori aumenti delle tariffe sui veicoli elettrici importati, sulle batterie al litio, sui pannelli solari, sui minerali critici, sui semiconduttori, nonché sull'acciaio, sull'alluminio, sulle gru portuali e sui dispositivi di protezione individuale. Tra questi, le tariffe sull'alluminio aumenteranno dallo 0-7,5% al 25%, mentre le tariffe sui veicoli elettrici saliranno dal 25% al 100%.
Looking at China's aluminum-related exports in 2023:
Per l'alluminio primario:
La Cina ha esportato circa 150.000 tonnellate di alluminio primario nel 2023, di cui meno di 360 tonnellate esportate negli Stati Uniti. Pertanto, la politica tariffaria ha un impatto limitato sull'esportazione di alluminio primario.
Per i prodotti in alluminio:
China exported a total of about 5.29 million tons of aluminum products in 2023, with around 230,000 tons exported to the United States, accounting for about 4.3%. China's exports of aluminum products totaled around 2.8 million tons in 2023, with exports to the United States accounting for approximately 15%. Therefore, the US tariff increase policy will have a certain impact on China's subsequent exports of aluminum products to the United States — the cost of exporting aluminum products to the United States may increase, leading to a potential reduction in export quantity. This may also widen the overseas aluminum supply gap. In the short term, this may lead to expectations of stronger London aluminum and weaker Shanghai aluminum, while in the long term, it may affect the global supply and demand pattern of aluminum-related products.
