Canada Pivots Aluminium Exports to Europe as Iran War Drives Prices Higher
π TRADE β Canada is redirecting metals to Europe before the US even notices it's losing them. π LOOK CLOSER: Iran war-driven energy costs are repricing aluminium globally, making European buyers β facing supply gaps and paying Hormuz premiums β more attractive than US customers for Canadian exporters. This quietly accelerates the US-Canada trade decoupling Trump's tariff pressure already started. Europe gains industrial input security; Washington loses a nearby supplier it assumed was captive.