Bloomberg Podcasts · Market 'Yet to Fully Experience' Aluminum Shortfall from Iran, Says Timna Tanners

1. 1. Copper's recent $14,000 per ton price surge is driven more by speculation than fundamentals.
2. 2. The market has yet to fully experience the aluminum shortfall from Middle East disruptions.
3. 3. Middle East aluminum smelters suffered direct missile hits, causing long-term, severe operational disruptions.
4. 4. U.S. steel demand is decent in key niches, with domestic mills gaining market share.
5. 5. Global supply chains are rethinking national security, despite the impracticality of full self-sufficiency.