Physical assets, and the trading behind the hottest commodities with the smartest voices in the business. First, we kick it off with spot on, our take on the big story of the week. We want to take a look at tariffs and aluminum premiums. Molson coors is among the companies asking the u. S. Government to investigate the way aluminum premiums are set. The premium should reflect transportation and handling cost and is up 78 since 2018. Raising costs for these companies. Earlier i spoke to the senior director of Global Packaging at molson coors, and asked about the problem with premium pricing. We cannot pierce the veil here, so to speak. We are paying tens of millions of dollars, seeing others throughout the aluminum supply chain are getting those gains. If you look at can sheets, we buy cans for our beer cans. Can sheet is made up of 90 of the aluminum used for can sheet should not carry a tariff. That is because you have 70 of an aluminum can is recycled content. Section 232 excludes re
Im alix steel. Welcome to bloomberg commodities edge, 30 minutes focused on the companies, physical assets, and the trading behind the hottest commodities with the smartest voices in the business. First, we kick it off with spot on, our take on the big story of the week. Today, we want to take a look at tariffs and aluminum premiums. Molson coors is among the companies asking the u. S. Government to investigate the way aluminum premiums are set. The premium should reflect transportation and handling cost and is up 78 since 2018. Raising costs for these companies. Earlier, i spoke to the senior director of Global Packaging at molson coors, and asked about the problem with premium pricing. We cannot pierce the veil here, so to speak. We are paying tens of millions of dollars, seeing others throughout the aluminum supply chain are getting those gains. If you look at can sheets, we buy cans for our beer cans. Can sheet is made up of 90 of the aluminum used for can sheet should not carry a
ah, ah ah, this is g w, news line from berlin to night. russian forces are a significant step closure to taking control of eastern new crepe. after claiming victory into hans on sunday, question forces are now aiming to capture and neighboring. don t ask you crazy president bowing to take back the territory also coming up tonight. leaders talking money. how to pay for rebuilding ukraine once the war is over. tonight we ll meet some of those already trying to put things back together. and in the united states, 4th of july celebrations marred by yet another mass shooting police in the chicago suburb of highland park. say at least 6 people are dead. 24 wounded after man opened fire during an independent stay parade. the shooter is still at large, was more severe weather warnings in australia. 30000 sidney residents told to leave their homes as torrential. rain brings yet and another flooding emergency. ah, i m burned. gov al reviewers watching p b s and the united states into al
a 2nd mario fall. i m in the modern pope. that s why there was a decision to withdrawal forces. who would i hope that everything would continue in the same way that has so far in hans what are the for the city doesn t exist anymore, it s practically been wiped off the face of the f bullet, mammals. we will return thanks to at tactics. thanks to the increase in the supply mountain weapons ukraine, he s not giving anything up. also coming up a collapsing glacier in italy unleashes a deadly avalanche record. summer heat at europe s highest peaks and climate change are being blanked that we up. it s sad, i guess is that you to think that a block of ice, the size of an apartment building would break off and fold down with debris and huge chunks of rock. it s an unimaginable tragedy of thought. i cannot that, isaac, i felt that it ah, to our viewers watching on p b. s in the united states into all of you around the world. welcome. we begin the day with the advancing russian troops
also coming up. leaders talking money. how do you pay for rebuilding ukraine once the war is over? we ll meet some of those already trying to rebuild. and in the united states, 4th of july celebrations marred by yet another mass shooting beliefs in the chicago suburb of highland park. say at least 6 people are dead. 24 wounded after man, open fire during an independent stay parade. the shooter remains at large. ah, ah, can i bring off is good to have you with as we begin with and advancing russia in eastern new crate, russian forces have claimed victory in the city of lucy shots, ukraine s military withdrew from the strategically important city. on sunday, leaving the lou hunt screeching entirely under russian control, ukraine is now bracing for further attacks against the city of slow vianza. as russian forces continue to push westward. russia is expected to attempt to take control of the nest, which along with lew hans makes up the wider don t boss region. ukraine s preside