Trade war: Aluminium cos need to expand markets beyond US, say analysts

US still accounts for a sizeable 11% share of Indian aluminium exports and domestic makers can explore alternate destinations to avoid the 10% duty on the metal

Indian aluminium makers need to widen their export markets beyond the US in the light of the trade barriers levied by the Donald Trump administration. US still accounts for a sizeable 11 per cent share of aluminium exported by India and domestic makers can explore alternate destinations to avoid the 10 per cent duty on the white metal, analysts suggested.

“The EU (European Union) could be a potential market for primary aluminium makers in India. Aluminium demand in the EU region is likely to stay buoyant on growth in transportation and construction sectors. South East Asia has been traditionally a strong