Mexican Aluminium Industry Seeks US Deal While Disengaging from China

Mexican Aluminium Industry Pursues Trade Agreement with the US

The Mexican aluminium sector is actively seeking a trade deal with the United States despite ongoing tariff challenges. At the AluMexico conference in Monterrey, IMEDAL president Eugenio Clariond emphasized the importance of strengthening North American ties. He proposed forming a trilateral body with the US and Canada to negotiate tariff exemptions and enhance regional competitiveness. Meanwhile, Mexico plans tariffs on imports from countries without free trade agreements, signaling alignment with US trade policies.

Mexico Aluminium Sector’s Shift Away from China Amid Tariff Uncertainty

Mexico’s aluminium industry is gradually distancing itself from China amid mounting trade tensions. After China’s exports flowed into Mexico to bypass US tariffs, new Mexican tariffs threaten this dynamic. Scrap exports to the US have surged, raising domestic scrap prices and impacting local secondary production. Companies remain cautious as tariff uncertainty slows operations, and some automakers reduce Mexican investments in favor of US facilities.

SuperMetalPrice Commentary:

The Mexican aluminium industry’s strategic pivot toward the US market highlights the complex interplay between tariffs and regional trade politics. While aligning with North America strengthens competitive positioning, it also challenges longstanding ties with China. Trade policy uncertainties remain a significant hurdle, influencing supply chains and pricing. Market watchers should monitor how Mexico balances these dynamics to secure stable growth and regional integration.