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Manila Times Business

Century Aluminum Applauds President Trump’s Action to Spur Domestic Aluminum Production

CHICAGO, July 20, 2026 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) applauds President Donald Trump’s latest executive order to incentivize investments that make American manufacturing great again. Signed today, the executive order allows companies investing in new primary aluminum production in the United States to import a commensurate amount of primary aluminum at a reduced tariff rate. The new tariff rate for such companies will now be 25%, down from 50% for such imports. Cent

Context & Analysis

Aluminum sits at the intersection of global trade policy and industrial supply chains. When major economies adjust their import tariffs on base metals, the shockwaves quickly travel beyond regional borders. Policy shifts that alter the cost structure for primary metal producers can ease short-term price pressures in global markets or trigger realignments in sourcing patterns. For a country like the Philippines, which relies almost entirely on imported aluminum for construction, packaging, electrical equipment, and light manufacturing, even modest swings in overseas pricing translate directly into input costs for local factories and retail prices for end users.

Philippine manufacturers operate in a narrow margin environment where raw material volatility can quickly erode competitiveness. The Bangko Sentral ng Pilipinas already tracks import price fluctuations as a key driver of core inflation, while the Department of Trade and Industry continuously monitors how external trade measures affect domestic industrial output. A more stable or lower-cost aluminum supply could provide relief to Filipino producers, particularly small and mid-sized firms that lack the scale to hedge commodity exposure. Conversely, if shifting trade frameworks redirect metal flows toward other markets, Philippine exporters competing in cost-sensitive segments may face renewed pricing pressure.

Investors and business owners should track how this development plays out on global benchmark exchanges and whether Philippine import data reflects sustained price adjustments. Watch for signals from the BSP on inflation expectations and from listed industrial firms on margin guidance. The Securities and Exchange Commission and Philippine Stock Exchange will also be attentive to any shift in capital allocation toward materials-intensive sectors. For Filipino enterprises, the immediate priority remains supply chain diversification, negotiating longer-term contracts with overseas suppliers, and stress-testing production models against commodity volatility while global trade frameworks continue to evolve.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: manilatimes.net

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