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Tue Β· 11 Aug 2026

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

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

🏭 METALS β€” Canada is rerouting aluminum exports Europe never asked for. πŸ“Œ LOOK CLOSER: Iran war price spikes make transatlantic aluminum trade viable where US tariffs made it impossible. Canada's pivot tightens North American supply while flooding EU markets. European smelters β€” already squeezed by high energy costs β€” face new import competition. The war is redrawing commodity supply chains in ways no ceasefire automatically reverses.

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