The U.S. decision to impose 10% tariff on imported aluminium may not have significant impact on the Indian aluminium industry but an indirect impact may be due to increased availability of export volume for the rest of the global market, Aluminium Association of India chairman T.K. Chand said.
Vedanta Ltd. said it exports about 5%, or 1,00,000 tonnes of its aluminium volumes, to the U.S. Hence, the duties were not a game changer, said the firm’s chief sales officer for aluminium, Jean-Baptiste Lucas.
The U.S. has also imposed 25% tariff on imported steel.
