this post was submitted on 03 Feb 2025
248 points (99.6% liked)

Canada

7490 readers
1385 users here now

What's going on Canada?

Related Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

Sorted alphabetically by city name.

🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer

💻 Schools / Universities

Sorted by province, then by total full-time enrolment.

💵 Finance, Shopping, Sales

🗣️ Politics

🍁 Social / Culture

Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca

founded 4 years ago
MODERATORS
[email protected]
[email protected]
248
Canada to divert aluminum to Europe in response to Trump tariffs - National | Globalnews.ca (globalnews.ca)
submitted 1 day ago by [email protected] to c/[email protected]
32 comments fedilink hide all child comments
 

The cost of aluminum for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.

. . .

The U.S. is a major importer of aluminum used widely in the transport, packaging and construction industries, shipping in 5.46 million metric tons of aluminum products in 2023, according the U.S. Commerce Department.

According to the Commerce Department, Canada accounted for 3.08 million tons or 56 per centof aluminum product imports to the United States for domestic consumption in 2023, the latest full year data available.

MBFC
Archive

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 21 hours ago

It’s more expensive to ship across the oceans and requires a whole set of other infrastructure.

It only needs two ports and two docks. One of each at each end of the shipping route.

It’s exceedingly more easy to ship across land borders and to try and say my point isn’t valid like this is laughable.

Do you really think building and maintaining thousands of miles of roads and rails is cheaper than a few ports?