Century CEO Says He's Not Trying to Block All Aluminum Imports

The transcript discusses the global aluminum production landscape, highlighting excess capacity in countries like China, where state actors support the industry. A proposed 20% tariff on US aluminum imports aims to address these issues by encouraging domestic production and discouraging illegal subsidization. Despite the US not importing much primary aluminum from China, the problem persists due to China's export of semi-fabricated products. The US currently has low capacity utilization, but a tariff could boost production. Aluminum pricing is also a concern, with costs rising significantly.

What is the proposed solution to address the excess aluminum production exported to the US?

• Subsidizing US aluminum production

• Banning all aluminum imports

• A 20% tariff on all primary aluminum imports

• A 10% tariff on all aluminum imports

How does China primarily export its aluminum to the US?

• As raw aluminum

• As finished products

• As semi-fabricated products

• As recycled aluminum

What is the current capacity utilization rate of aluminum production in the US?

• 25%

• 50%

• 15%

• 75%

What is the expected increase in US aluminum production if the tariff is implemented?

• From 750,000 tons to 1 million tons

• From 750,000 tons to 1.8 million tons

• From 1 million tons to 2 million tons

• From 1.8 million tons to 3 million tons

What is a key factor that will determine the restart of US aluminum production?

• The level of government subsidies

• The availability of raw materials

• The price of aluminum on the LME

• The global demand for aluminum