US budget reconciliation bill phases out Section 45X manufacturing tax credit
Aluminium Market 2025 to 2032: Deficit Economics, Decarbonisation and the Reshaping of Global Supply →President Trump signed budget reconciliation legislation that phases out the Section 45X advanced manufacturing production tax credit established under the 2022 Inflation Reduction Act. The sunset of this tax credit impacts domestic primary aluminum producers that utilized the incentive to subsidize production costs within the United States.
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Evaluate cost impacts on US-sourced primary aluminum supply contracts
The removal of Section 45X tax credits will increase net production costs for domestic primary aluminum manufacturers.
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