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Aluminum Drops as Trump Moves to Narrow Levies on Metal Products
Bloomberg Television· 2026-02-13 21:29
I think he's backing off a bit on the extreme tariffs scarlet and pumped up prices and a lot of expenses for other companies, but specifically for aluminum. The lessons in aluminum are you never want to buy it above 3000 at first traded 3019. In 1988, it pumped above 3000 again this year.And almost always it goes back down to 2000. It's basically an electrified metal. What are the key costs for aluminum is the cost of electricity.And we all know that's going up. But the bottom line is unless you really expe ...