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Manufacturing group asks Biden to end steel, aluminum tariffs

Aluminium buyers to pay up after underestimating recovery


Aluminium stored at a warehouse - Filepic
TEXAS: Aluminium companies that turned too pessimistic last year during the height of pandemic lockdowns are paying the price as demand returns more quickly than anticipated.
The spot price premium for billet – a key form of metal needed in the automotive, building and construction industries – surged close to a record last week and may set new highs within days, according to researcher Harbor Intelligence.
Prices are surging amid a US aluminum shortage few companies anticipated, which is forcing them into bidding wars with their own customers.
Harbor’s price assessment represents what “traditional suppliers, ” like Alcoa Corp, Rio Tinto Group, Century Aluminum Co and Norsk Hydro ASA, charge for delivery, indicating the shortage is widespread. ....

United States , Jorge Vazquez , Alcoa Corp , Rio Tinto Group , Century Aluminum Co , Norsk Hydro , ஒன்றுபட்டது மாநிலங்களில் , ஜார்ஜ் வாயிகெஸ் , அல்கோவா கார்ப் , ரியோ டின்டோ குழு , சிஇஎன்டியுவ்ஆர்ஒய் அலுமினியம் இணை , நார்ஸ்க் ஹைட்ரோ ,