Aluminum shortages due to Iran war
ALL AGES. AND THE PARTY IS
TODAY FROM 03:00PM TO 06:00PM.
>> A GREAT WAY TO USHER IN
SUMMER WHILE THE WAR ON IRAN
HAS BEEN BLAMED FOR
SKYROCKETING GAS PRICES,
SHORTAGES OF FERTILIZER FOR
FARMERS AND NOW PARTS OF THE
WORLD ARE NOTICING ALUMINUM
SHORTAGES. CAROLINE ELLIOTT
LOOKS AT WHETHER AMERICANS
SHOULD BE CONCERNED.
A SHORTAGE OF DIET COKE FOR
SOME IS WORSE THAN THE 2020
SHORTAGE OF TOILET PAPER.
>> AND INDIA, WHERE DIET COKE
IS ONLY SOLD IN CANS. THE
RECENT SCARCITY OF ALUMINUM DUE
TO THE ORAN MOR HAS SPARKED,
QUOTE, DIET COKE PARTIES WITH A
LOYAL CONSUMERS AND DECORATING
CANONS OF THEIR FAVORITE
BEVERAGE. AS A TOKEN OF THEIR
SUPPORT. SO BASICALLY, THIS
IS ALL OVER. WE OFTEN ORDERED
TO THAT GUY. A SHORTAGE OF DIED
FOR WITH THE ADAMAN IN KENT
ELECTED. I THINK.
>> A LOT OF PEOPLE I LOVE, YOU
KNOW, TRYING TO SORT OF KEEP
THE DIET FULL GUYS IN THE PET
FOOD AS A KEEPSAKE. BUT HERE
AND THE UNITED STATES, ALUMINUM
INDUSTRY LEADERS SAY IT'S
UNLIKELY SHELVES WILL GO BARE
OF THE BELOVED BEVERAGE ANYTIME
SOON. YES, THIS IS SERIOUS.
YES, THEY ARE HAVING TO WORK
HARD.
>> TO ADJUST BUT THAT THEY ARE
DOING EXACTLY THAT ALUMINUM
ASSOCIATION CEO CHARLES JOHNSON
SAYS ITS MEMBERS HAVE BEEN
CLOSELY MONITORING THE
SITUATION IN THE STRAIT OF
HORMUZ. THE DESTRUCTION FROM
THE GULF AND THE CLOSURE OF
THE STRAIT OF HORMUZ OF HORMUZ.
IT'S REALLY SERIOUS FOR OUR
INDUSTRY. IT REPRESENTS A LARGE
SCALE SUPPLY CHAIN DISRUPTION.
ONE THAT WE ON A SCALE THAT
WE HAVEN'T SEEN IN MANY YEARS.
>> AND AT A TIME WHEN GAS
PRICES OF ALREADY SKYROCKETED
DUE TO THE CHOKEHOLD IN THE
STREET,
>> OUR VIEW IS THAT IT IS A
TEMPORARY INCREASE. JOHNSON
SAYS IT'S NO SURPRISE AMERICANS
ARE GROWING INCREASINGLY
CONCERNED ABOUT ALUMINUM.
STILL, HE SAYS THE INDUSTRY IS
MAKING REAL-TIME ADJUSTMENTS
AND WORKING HARD TO SECURE THE
NATION'S SUPPLY DOES NOT RUN
DRY.
>> SO WE ARE INVESTING IN THE
U.S. ECONOMY LIKE WE NEVER HAD
BEFORE. WE'RE PUTTING MORE
MANUFACTURING RIGHT HERE AT
HOME AND WE'RE RECYCLING MORE.
>> AND THAT WAS CAROLINE
ELLIOTT REPORTING. WELL, THERE
MAY NOT BE A SHORTAGE OF
ALUMINUM CANS HERE IN THE U.S.
ALUMINUM PRICES ARE GOING UP.