comments, Canada's most famous Newfoundland store has closed and been replaced, Restaurant in Canada fined almost $1K for illegal patio tent, Restaurants are boycotting Nova Scotia lobster in support of Indigenous fishers, Nightclub in Canada agrees to close after video shows packed dance floor, Canada's most famous taco restaurant permanently closes, This restaurant in Canada might have the first perogy drive-thru in the world, Ontario restaurant threatened by lawsuit by man not wearing mask, Workers form a human chain at No Frills to strike over low wages, Sign up for our free email newsletter. “It’s like an oxymoron. I think @Airstream_Inc bought it all up #RVLife pic.twitter.com/OLhLQVKL0n. An explosion at Kaiser Aluminum's Gramercy., La., alumina refinery, which has taken 1 million tonnes per year of alumina out of the market since early July, coupled with a return of Chinese consumers to the market, is causing spot alumina prices to strengthen. Unlike most of the other major metals, aluminum does not occur in its native state, but occurs ubiquitously in the environment as silicates, oxides and hydroxides, in combination with other elements such as sodium and fluoride, and as complexes with organic matter. The COVID-19 pandemic saw the implementation of stay-at-home orders all over the country, which had significant effects on a variety of different industries in unforeseen ways. If U.S. President Donald Trump decides to impose a second round of aluminum tariffs on Canada in the coming weeks, as recent reports have suggested, some industry workers are warning the effect would likely hurt U.S. businesses more than those in Canada. When combined with water and other trace elements, it produces the main ore of aluminum known as b… Canada … It is the most abundant metal in the earth's crust. In other words, the demand for aluminum cans is outstripping the available supply. Bloomberg reported on Tuesday that the U.S. plans to re-impose a tariff of 10 per cent on Canadian aluminum coming into the U.S. by the … Mexico president set to meet with Trump next week in first-ever foreign visit. https://globalnews.ca/news/7135609/cusma-canada-tariffs-aluminum The Shortage in Aluminum Could Spell Big Trouble for Canned Beer Manufacturers By Mustafa Gatollari. “The key player over and above everybody else is Glencore.”. READ MORE: New North American trade deal launches amid tariff threats. Canada warned of a “dollar-to-dollar” retaliatory imposition of tariffs. A spokesman for Glencore declined to comment Friday. There's an unexpected shortage in aluminum cans as a result of the COVID-19 pandemic. A shortage of 12-ounce aluminum cans is prompting many soda and beer makers to cut back on the quantities of the beverages they are producing, the latest being the makers of Dr. Pepper. A shortage of alumina is helping to underpin the aluminum price rise. Since this may be political, you can google the background yourself. Please read our Commenting Policy first. But we don’t have to rely on foreign bauxite for our aluminum. Craft Brewers Guild. An unexpected consequence of the pandemic is a shortage of aluminum cans. WASHINGTON — The United States is once again threatening to spark a fresh tariff war with Canada over aluminum exports, despite the debut of a North American trade agreement that was supposed to usher in stability in the midst of an international economic crisis. Read more: Get a roundup of the most important and intriguing national stories delivered to your inbox every weekday. Aluminum can shortage? "Aluminum cans are in very tight supply with so many people buying more … Glencore Plc, a metals trader and producer based in Switzerland, holds a 47 per cent stake in Century. Canada probably isn't seeing the worst of the shortage yet since it's a trickle-down effect, but some store owners are already reporting bare shelves where popular canned drinks would normally be. There’s little doubt the aluminum industry, and in particular Canadian suppliers, stand to benefit over the long term from the CUSMA’s requirements for regionally sourced metals, said Doug Hilderhoff, a Pittsburgh-based principal analyst at commodities research firm CRU Group. Au Canada, en plus de la production d’aluminium de première fusion des alumineries de Baie-Comeau, Deschambault et Bécancour (ABI), Alcoa exploite des usines de transformation qui servent l’industrie de l’aérospatiale, de l’automobile et de la construction. An explosion at Kaiser Aluminum's Gramercy., La., alumina refinery, which has taken 1 million tonnes per year of alumina out of the market since early July, coupled with a return of Chinese consumers to the market, is causing spot alumina prices to strengthen. New NAFTA will impact auto, dairy and digital sector. “It doesn’t make sense,” said Jean Simard, president and CEO of the Aluminum Association of Canada, coming as it does with the coming into force of what Canadian officials call CUSMA — the Canada-U.S. Mexico Agreement, which formally replaced NAFTA this week. which is ass. National aluminum can shortage There's an unexpected shortage in aluminum cans as a result of the COVID-19 pandemic. by: Kelley Smith. Precisely why remains a mystery to trade and industry insiders, although it’s likely the result of a convergence of disparate factors: COVID-19, international metals arbitrage, President Donald Trump’s re-election campaign and $16.3-billion worth of Russian aluminum. Finding your favourite cans on store shelves is becoming increasingly difficult thanks to a shortage of aluminum cans. National aluminum can shortage. Read more: Bad news, Canada; our country is facing an aluminum can shortage, which means that popping into your local liquor store for a White Claw, Mike's Hard Lemonade or beer might prove more difficult in the coming months. It was posed because Canada was a national security threat. Magnitude 7, founded by a former Glencore aluminum trader, operates a single plant in Missouri that won a new lease on life after Trump’s first round of tariffs in 2018, but which warned in February it was on the verge of shutting down. The USTR and the Trump administration “cannot be unaware of the corporate structure around Rusal and Glencore. MANITOWOC, Wis. (WBAY) - One Manitowoc manufacturer feels the direct impact of a national aluminum shortage, specifically a shortage of aluminum cans. Read full press release Lire la suite 2020-08-19 Because they traffic in white-hot liquid metal, aluminum smelters can’t simply shut down when demand for the product dries up, which is what happened to Canadian producers — who provide the bulk of the metal to U.S. markets — when the pandemic forced auto manufacturers to idle their assembly lines. Glencore is also a major player in the world of metals arbitrage — buying commodities at the lowest price possible, then shipping and storing them before selling on a futures contract in hopes of a higher price. A separate group known as the Aluminum Association, which counts dozens of U.S. and international producers among its members, has argued against tariffs, calling Canadian suppliers an integral element of the North American supply chain and a key component of the industry’s success. Soda flavors disappear from store shelves due to aluminum can shortage: report Americans stocked up on canned beverages during the lockdown, straining manufacturers. United States President Donald Trump imposed tariffs on aluminum imports from Canada. They buy the metal at a very low price because the crisis is what brought you to pivot to this position, and they warehouse it when interest rates are very low because it’s a crisis,” Simard said. The aluminum products excluded from tariffs last week include cans that brewers have been struggling to keep in stock, said Luke Harford, president of trade association Beer Canada. The coronavirus crisis is causing an aluminum can shortage as lockdowns accelerate demand for … A shortage of 12-ounce aluminum cans is prompting many soda and beer makers to cut back on the quantities of the beverages they are producing, the latest being the makers of Dr. Pepper. Canadian aluminum ingots await processing on the shop floor. Food delivery services saw a huge uptick in usage, so much so that popular … HOUSTON - With summer weather heating up, consumers may find it difficult to find a cold, canned beverage to quench their thirst. Aluminum can shortages have persisted since before 2018 when the U.S. first imposed tariffs on Canadian aluminum, said Ken Beattie, executive director of the B.C. The Canadian aluminum industry, the bulk of which is located in Quebec, owes its origins to soaring American demand for the metal … Glencore was involved, too, swapping shares in Rusal for a direct stake in its parent company, En+. “It’s worth raising the question,” Simard said. And it's not just Canadians; Americans are facing a nationwide aluminum can shortage, too. “We … Canada is facing an aluminum can shortage and White Claws could be threatened. And yet, President Trump has, according to Reuters, reinstated a 10% tariff on aluminum products entering the … And this should just keep things moving in the right direction.”, Read more: pic.twitter.com/zwLSugJ8Mi. Aluminum outlook 2021: What’s ahead. You can unsubscribe anytime or, facing a nationwide aluminum can shortage. As 2021 kicks off, investors might be wondering what’s next for the aluminum outlook. Here’s how. UPDATE: Sept. 16, 2020: The U.S. reversed its decision to impose aluminum tariffs on imports from Canada, backdated to Sept. 1, according to a statement from the Office of the U.S. Trade Representative.USTR cited an expected decline in Canadian aluminum imports as the reason for the decision. Update, August 10, 2020: Since the U.S. is already dealing with an aluminum can shortage as more people stock up on canned beverages for home drinking (rather than draft beer at bars, say), manufacturers are scrambling to ramp up production and stay ahead of rising demand. With these hot summer days, many Islanders might want to crack open a cold can of beer.But one brewery in Charlottetown says it's starting to notice more delays in getting aluminum cans. Canada is facing an aluminum can shortage and White Claws could be threatened Bad news, Canada; our country is facing an aluminum can shortage, which means that popping into your local liquor store for a White Claw, Mike's Hard Lemonade or beer might prove more difficult in the coming months. – Jun 29, 2020, U.S. tariffs on Canadian aluminum would ‘really hurt us’: Quebec premier, U.S. tariffs on Canadian aluminum would ‘really hurt us’: Quebec premier – Jun 30, 2020, Trump touts shipbuilding contract for Wisconsin shipyard, says Canada ‘no longer takes advantage’ on trade, Trump touts shipbuilding contract for Wisconsin shipyard, says Canada ‘no longer takes advantage’ on trade – Jun 25, 2020, U.S. considers reinstating tariffs on Canadian aluminum, U.S. considers reinstating tariffs on Canadian aluminum – Jun 23, 2020, ‘There’s so much pain’: Art shows mental toll COVID-19 taking on youth, expert says, Canada adds 7,563 new coronavirus infections as more variant cases found, Mission school bullying video under investigation, Magic mushrooms grew in man’s blood after he injected them as a tea, Security beefs up in D.C. ahead of Biden’s inauguration, Many Trump voters still stand by their man, Calls to resign mount against controversial Chilliwack trustee, New data shows very little coronavirus transmission in B.C. Load CUSMA taking effect at ‘significant’ time for Alberta’s energy industry: cabinet minister. “What do the traders do? Dominant aluminium producer China may help fill a gap in global supply after the United States slapped sanctions on Russia's aluminium giant Rusal. For now the tariff is on hold, just as Canada was going to impose counter tarriffs. Pure aluminum (Al) is a silver-white, malleable, ductile metal with one-third the density of steel. https://www.distractify.com/p/why-is-there-an-aluminum-shortage “Looking over the past decade, we’ve seen aluminum consumption by the auto sector grow pretty strongly due to all the lightweighting initiatives. The U.S. doesn’t have anywhere near enough smelting capacity to meet that demand by itself, he added. Reply. Updated 5 months ago. Instead, they were forced to pivot away from the specialized premium products demanded by the auto sector and produce the more generic primary aluminum known as P1020, shipping it to the only storage warehouses that are cost-effective, Simard said: facilities in the U.S., which is where the lion’s share of the North American aluminum market is located. Unsubscribe anytime or, Sign up for our free email newsletter so you’re always in the know. The shortage may be because much of the aluminum comes from Canada and there were 10% US tariffs placed on it by the US government. Read more: The demand has caused a shortage of aluminum cans that's affected fan favorite soda brands. “The surge of Canadian metal has a caused the price to collapse and is endangering the future viability of the U.S. primary industry,” the association wrote to U.S. trade ambassador Robert Lighthizer in May. Montréal, September 15, 2020 – The Aluminium Association of Canada applauds today’s agreement to remove recently reimplemented Section 232 tariffs on imports of unwrought, or P1020, aluminium from Canada into the United States. Sorry, folks; unless White Claw begins to package their drinks in plastic bottles, some of us may have to go Claw-free this summer. schools, CUSMA taking effect at ‘significant’ time for Alberta’s energy industry: cabinet minister, New NAFTA will impact auto, dairy and digital sector. “Action — real action, not mere monitoring, and endless discussions in multinational fora — is needed now if the United States is to save what is left of its primary aluminum industry.”. Glencore also holds the exclusive rights to sell Russian-made aluminum in the U.S., and agreed in April to spend $16.3 billion over the next five years on up to 6.9 million tonnes of the metal from Rusal, the second largest aluminum producer in the world. 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