U.S. aluminium premiums hit record high amid tariffs and supply squeeze – 11 November 2025

The U.S. Midwest duty-paid aluminium premium surged to US$1,942/t (88.10 c/lb) on 10 November, pushing total spot prices (benchmark + premium) toward US$4,792/t, as tariffs and global supply constraints intensify.
👉 Source: Reuters

  • Midwest premium up 155% since January
  • US aluminium imports from Canada 70% of total
  • US consumers face intense competition for aluminium

https://www.reuters.com