UAE Aluminium Exports to U.S. Surge Ahead of New Tariffs

DUBAI, UAE – In early March, the United Arab Emirates (UAE) sent a lot of aluminium to the U.S. before new tariffs started on March 15. According to the U.S. Department of Commerce, the UAE shipped over 68,000 metric tons of aluminium in just the first 11 days of the month. This is a huge increase compared to only about 16,000 metric tons sent in all of March last year.

These exports are the highest they’ve been in nearly two years! The move comes after President Donald Trump put a 25% tariff on all foreign steel and aluminium imports to boost U.S. production. Last year, Canada was the top supplier, providing 70% of the aluminium used in the U.S., while the UAE was second, supplying 8%.

After Canada announced its own 25% tariffs on U.S. imports, including aluminium, American buyers might seek out other suppliers due to the rising tensions. Yulia Buchneva, a director at Fitch Ratings, mentioned that UAE producers have lower costs compared to Canadian ones, making it still profitable to send aluminium to the U.S. even with tariffs.

Emirates Global Aluminium (EGA), one of the largest aluminium producers, expects there will be ups and downs in aluminium prices throughout 2025 because of global trade issues. Demand for aluminium from U.S. users is likely to rise as they seek alternatives. Right now, aluminium prices are around $2,675 per metric ton, after peaking in February.

This news comes from an automated news agency feed.