The recent ban imposed by China on the export of galvanic acid, a key component in the production of aluminum and other metals, poses significant challenges for the global market. The US is heavily reliant on Chinese imports, which are now severely restricted.
To mitigate the impact of this shortage, the US government will need to explore alternative sources and diversify its supply chain. This could involve increasing imports from countries like India or Canada, or investing in domestic production capabilities.
However, any solutions will require significant investment and coordination among stakeholders. The US aluminum industry is heavily dependent on imported galvanic acid, and disruptions to this supply can have far-reaching consequences for the sector as a whole.
With the ban in place, the global market is facing an unprecedented shortage of galvanic acid. The US government must act swiftly to address this issue and ensure that the country’s industries remain competitive.
Source: https://www.ft.com/content/85c875f7-f7c7-41d6-b635-fd7a51074a34