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
Statement, gb news called the comments totally unacceptable, adding they did not reflect the companys values. Gb news has companys values. Gb news has issued a formal apology to ms evans and launched a full investigation. The uks largest investigation. The uks largest untapped oil and gas field, rosebank, in scotland, has been approved for development. Thats despite a row over climate concern , as regulators say net concern, as regulators say net zero considerations have been taken into account. But scotlands first minister, humza yousaf , says hes disappointed yousaf, says hes disappointed the projects been given the go ahead. The the projects been given the go ahead. The government, though, says they welcome the decision, saying it will generate billions for the economy. The united for the economy. The united nafions for the economy. The United Nations has rejected the home secretarys calls for International Law on refugees to be changed. In a speech in washington on Suella Braverma
Adding they did not reflect the companys values. Gb news has companys values. Gb news has issued a formal apology to ms evans and launched a full investigation. The uks largest investigation. The uks largest untapped oil and gas field, rosebank, in scotland, has been approved for development. Thats despite a row over climate concern , as regulators say net concern, as regulators say net zero considerations have been taken into account. But scotlands first minister, humza yousaf , says hes disappointed yousaf, says hes disappointed the projects been given the go ahead. The the projects been given the go ahead. The government, though, says they welcome the decision, saying it will generate billions for the economy. The united for the economy. The united nafions for the economy. The United Nations has rejected the home secretarys calls for International Law on refugees to be changed. In a speech in washington on Suella Braverman suggested yesterday that the un 1951 Refugee Convention nee
Companys values. Gb news has companys values. Gb news has issued a formal apology to ms evans and launched a full investigation. The uks largest investigation. The uks largest untapped oil and gas field, rosebank, in scotland, has been approved for development. Thats despite a row over climate concern , as regulators say net concern, as regulators say net zero considerations have been taken into account. But scotlands first minister, humza yousaf , says hes disappointed yousaf, says hes disappointed the projects been given the go ahead. The the projects been given the go ahead. The government, though, says they welcome the decision, saying it will generate billions for the economy. The united for the economy. The united nafions for the economy. The United Nations has rejected the home secretarys calls for International Law on refugees to be changed. In a speech in washington on Suella Braverman suggested yesterday that the un 1951 Refugee Convention needed updating. She was arguing th