Financing for the Aluminum and Metal Industry.
Financing for the Aluminum and Metal Industry. There is no doubt to say Financing aluminum and metal industries are key contributors to the global economy, providing well-paying jobs and key inputs for other major industries, including energy, advanced manufacturing, construction, and auto-making. Between 2021–2022, In 2021, steel industry employed over 14,000,000 workers and contributed over $90 billion to global gross domestic product (GDP). For the same year under review, aluminum industry employed approximately 500,000 workers and contributed $90.5 billion to global GDP. Metal and aluminum industries are deeply integrated, and underpin continental supply chains that strengthen the global competitiveness of the North American economy. Canada is a longstanding safe and secure supplier of steel and aluminum to the U.S. defense industry. Records have it that Canada imports more metal and steel from the U.S. than any other country in the world, accounting for nearly 45% of U.S. export