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Tue Β· 25 Aug 2026

Canada Pivots Aluminium Exports to Europe as Iran War Drives Prices Higher

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Canada Pivots Aluminium Exports to Europe as Iran War Drives Prices Higher

🏭 TRADE β€” Canada is redirecting metals to Europe before the US even notices it's losing them. πŸ“Œ 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.

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