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News & Current Events Mar 30, 2026 at 3:54 PM

Aluminium hits four-year peak after Iran attacks Middle East smelters

Posted by CFMTLfan01

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mmoore327 Mar 30, 2026 +71
Fortunately Canada has already found a market for our Aluminum the US no longer needed/wanted in Europe...
71
Villag3Idiot Mar 30, 2026 +31
And if the US orders now it'll be months before they get fulfilled because aluminum is ordered months in advance. That's assuming Canada doesn't prioritize their new EU clients to maintain their new relations. Tariffs on aluminum is so dumb when you're country needs aluminum and yet doesn't produce enough in your own country so you have to import it anyways from the Middle East because they're cheaper now. And yet now because the Strait is closed and Iran bombed the smelters you can't get your aluminum shipment. 
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Professional_Set4137 Mar 30, 2026 +28
I'm convinced the tariffs were put in place to make Russian aluminum more attractive.
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airship_of_arbitrary Mar 30, 2026 +13
Literally the only reason to tariff Canada is to help Russia. When you have a friendly neighbour right next door selling you untold natural resources at c**** prices to keep your factories going, the only reason you would want to screw both them and yourself over with tariffs is to help a third party.
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Ancient_Ship2980 Mar 30, 2026 +6
Excellent comment! Well stated!
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Ancient_Ship2980 Mar 30, 2026 +7
This is a great point! In this case, Europe benefited from the Trump Administration's erratic and irrational trade and tariff policies. Moreover, Canada is slowly succeeding in finding new markets for aluminum and other exports. Good for Canada and Canadian Prime Minister Mark Carney!
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airship_of_arbitrary Mar 30, 2026 +12
Good thing the US slapped a bunch of tariffs on Canada. The country right next to them that produces a shit ton of aluminium. Even better Canada already diversified its aluminum sector to Europe so the US couldn't even order more if they took the tariffs off.
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psychedelicdevilry Mar 30, 2026 +6
Beer prices going up
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Secret_g_nome Mar 30, 2026 +10
Aluminum is a local product in Canada. Used to sell to the US but they too good for us so... Enjoy your can prises rising.
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psychedelicdevilry Mar 30, 2026 +3
Yep, we brought this on ourselves.
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Hungry_Muscle_3051 Mar 31, 2026 +3
My Costco roll will outlive us all anyways
3
falilth Mar 30, 2026 +10
I mean the us and Israel bombed their steel production plants so fair is fair.
10
WongDynasty Mar 30, 2026 -2
How the heck am I supposed to stop a Shardblade without my aluminum?!?!
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