<![CDATA[The Metalist]]>The Metalist is a show about all things metal — and how the stuff the world is built from gets made, moved, recycled, and priced. Host Gus Gardner breaks down manufacturing, recycling, and the light metals (aluminum, mostly — with steel and copper along for the ride) in plain language you don't need a metallurgy degree to follow. From scrap and tariffs to supply shocks and the people who turn yesterday's cans into tomorrow's cars, it's the industry nobody covers — finally getting its own show. New episodes regularly.

]]>Metalist.newsRiverside.fm (https://riverside.com)Sat, 18 Jul 2026 05:58:25 GMTWed, 10 Jun 2026 20:57:19 GMT60Gus<p>The Metalist is a show about all things metal — and how the stuff the world is built from gets made, moved, recycled, and priced. Host Gus Gardner breaks down manufacturing, recycling, and the light metals (aluminum, mostly — with steel and copper along for the ride) in plain language you don't need a metallurgy degree to follow. From scrap and tariffs to supply shocks and the people who turn yesterday's cans into tomorrow's cars, it's the industry nobody covers — finally getting its own show. New episodes regularly.</p>episodicGusggardner90@gmail.comno<![CDATA[The Physical Premium]]>The price of aluminum you see quoted isn't the price almost anyone actually pays. The gap is called the physical premium — and in the U.S. in 2026 it's grown to more than 40% of the all-in cost of metal, a record. In this short, single-idea episode of The Metalist, host Gus Gardner breaks down what the premium is, what's inside it (freight, financing, regional supply and demand, and duties), and why a 50% Section 232 tariff has pushed the U.S. Midwest Premium to all-time highs and decoupled the American market from the rest of the world. By the end you'll know why the premium — not the headline price — is the truest read on whether metal is physically tight.

FURTHER READING / SOURCES (public)

----------------------------------

- CME Group — Hedging regional aluminum premiums: https://www.cmegroup.com/articles/2025/aluminum-premiums-2025.html

- S&P Global Platts — US Aluminum Transaction price explained: https://www.spglobal.com/energy/en/pricing-benchmarks/assessments/metals/us-aluminum-transaction-price-explained

- White & Case — US modifies Section 232 aluminum/steel/copper tariffs (2026): https://www.whitecase.com/insight-alert/united-states-modifies-steel-aluminum-and-copper-section-232-tariffs

- Fastmarkets — Aluminium P1020A premium, in-whs duty-paid Rotterdam: https://www.fastmarkets.com/commodity-prices/aluminium-p1020a-premium-in-whs-dp-rotterdam-dollar-tonne-mb-al-0004/

- LME — Aluminium premiums: https://www.lme.com/metals/non-ferrous/lme-aluminium-premiums



]]>649ad47b-6724-48b9-a657-5d164b456181Sat, 11 Jul 2026 21:03:56 GMT<p>The price of aluminum you see quoted isn't the price almost anyone actually pays. The gap is called the physical premium — and in the U.S. in 2026 it's grown to more than 40% of the all-in cost of metal, a record. In this short, single-idea episode of The Metalist, host Gus Gardner breaks down what the premium is, what's inside it (freight, financing, regional supply and demand, and duties), and why a 50% Section 232 tariff has pushed the U.S. Midwest Premium to all-time highs and decoupled the American market from the rest of the world. By the end you'll know why the premium — not the headline price — is the truest read on whether metal is physically tight.</p><p></p><p></p><p></p><p>FURTHER READING / SOURCES (public)</p><p>----------------------------------</p><p>- CME Group — Hedging regional aluminum premiums: <a rel="noopener noreferrer nofollow" href="https://www.cmegroup.com/articles/2025/aluminum-premiums-2025.html" target="_blank">https://www.cmegroup.com/articles/2025/aluminum-premiums-2025.html</a></p><p>- S&amp;P Global Platts — US Aluminum Transaction price explained: <a rel="noopener noreferrer nofollow" href="https://www.spglobal.com/energy/en/pricing-benchmarks/assessments/metals/us-aluminum-transaction-price-explained" target="_blank">https://www.spglobal.com/energy/en/pricing-benchmarks/assessments/metals/us-aluminum-transaction-price-explained</a></p><p>- White &amp; Case — US modifies Section 232 aluminum/steel/copper tariffs (2026): <a rel="noopener noreferrer nofollow" href="https://www.whitecase.com/insight-alert/united-states-modifies-steel-aluminum-and-copper-section-232-tariffs" target="_blank">https://www.whitecase.com/insight-alert/united-states-modifies-steel-aluminum-and-copper-section-232-tariffs</a></p><p>- Fastmarkets — Aluminium P1020A premium, in-whs duty-paid Rotterdam: <a rel="noopener noreferrer nofollow" href="https://www.fastmarkets.com/commodity-prices/aluminium-p1020a-premium-in-whs-dp-rotterdam-dollar-tonne-mb-al-0004/" target="_blank">https://www.fastmarkets.com/commodity-prices/aluminium-p1020a-premium-in-whs-dp-rotterdam-dollar-tonne-mb-al-0004/</a></p><p>- LME — Aluminium premiums: <a rel="noopener noreferrer nofollow" href="https://www.lme.com/metals/non-ferrous/lme-aluminium-premiums" target="_blank">https://www.lme.com/metals/non-ferrous/lme-aluminium-premiums</a></p><p><br /><br /></p>no00:10:5213The Physical Premiumfull<![CDATA[Inside the LME Warehouse System — How to Read Metal Trade Flows for Free]]>Every business day, a free report comes out that smart-money metal traders watch closely — and almost nobody else knows exists. In Episode 2 of The Metalist, host Gus Gardner takes you inside the LME warehouse system: the global network of approved warehouses, what a "warrant" actually is, and why "cancelled warrants" are the signal everyone watches. You'll learn to read the daily stock report to understand where the world's metal is really moving — plus the wild story of the Detroit aluminum queue, and why a big inventory number doesn't always mean metal you can get.

]]>0ff7a059-13da-4532-936e-56e48aab356fTue, 16 Jun 2026 21:33:59 GMT<p>Every business day, a free report comes out that smart-money metal traders watch closely — and almost nobody else knows exists. In Episode 2 of The Metalist, host Gus Gardner takes you inside the LME warehouse system: the global network of approved warehouses, what a "warrant" actually is, and why "cancelled warrants" are the signal everyone watches. You'll learn to read the daily stock report to understand where the world's metal is really moving — plus the wild story of the Detroit aluminum queue, and why a big inventory number doesn't always mean metal you can get.</p>no00:17:25Inside the LME Warehouse System — How to Read Metal Trade Flows for Freefull<![CDATA[The Big Macro Update]]>In the very first episode of The Metalist, host Gus Gardner unpacks the biggest takeaways from a major aluminum industry summit — and makes the case that metal is in the middle of its most interesting stretch in forty years. A bull market that snuck up on almost everyone. A supply shock traced back to a single stretch of water most people never think about. And a quiet revolution where scrap — the stuff we used to call garbage — became the real "green" play and a raw material countries now fight over. No metallurgy degree required. Just a curiosity about how the world actually gets built.

"In this episode" list:

  • Why metal deserves a show — and what The Metalist will cover
  • The bull market that caught the industry off guard
  • The Strait of Hormuz: how one chokepoint rippled across global supply
  • Scrap is the new green: why recycling beat the moonshot smelters
  • How tariffs redrew the North American map
  • What aluminum actually becomes — billet, castings, and the grid
  • Europe's "leaking bucket" problem
  • The outlook, and a teaser for episode two
]]>b93ffa6f-2fe9-4316-84ca-b0d26a9dcc96Wed, 10 Jun 2026 21:14:38 GMT<p>In the very first episode of The Metalist, host Gus Gardner unpacks the biggest takeaways from a major aluminum industry summit — and makes the case that metal is in the middle of its most interesting stretch in forty years. A bull market that snuck up on almost everyone. A supply shock traced back to a single stretch of water most people never think about. And a quiet revolution where scrap — the stuff we used to call garbage — became the real "green" play and a raw material countries now fight over. No metallurgy degree required. Just a curiosity about how the world actually gets built.</p><p></p><p><b>"In this episode" list:</b></p><ul><li>Why metal deserves a show — and what The Metalist will cover</li><li>The bull market that caught the industry off guard</li><li>The Strait of Hormuz: how one chokepoint rippled across global supply</li><li>Scrap is the new green: why recycling beat the moonshot smelters</li><li>How tariffs redrew the North American map</li><li>What aluminum actually becomes — billet, castings, and the grid</li><li>Europe's "leaking bucket" problem</li><li>The outlook, and a teaser for episode two</li></ul>no00:17:3011The Big Macro Updatefull