Rage hannun jari da kashi 10%! Shin Glencore zai iya fitar da Aluminum Century da kuɗin fito na aluminium na 50% a Amurka ya zama “maɓallin cirewa”?

A ranar 18 ga Nuwamba, Giant Glencore mai samar da kayayyaki na duniya ya kammala raguwa a cikin hannun jarinsa na Aluminum Century, mafi girma na farko na aluminium a Amurka, daga 43% zuwa 33%. Wannan raguwa a cikin hannun jari ya zo daidai da taga na riba mai mahimmanci da karuwar farashin hannun jari ga masu samar da aluminium na gida bayan karuwar kudaden shigar da aluminum na Amurka, yana barin Glencore ya cimma miliyoyin daloli a cikin zuba jari.

Babban tushen wannan canjin daidaito shine daidaita manufofin harajin Amurka. A ranar 4 ga watan Yunin wannan shekara, gwamnatin Trump a Amurka ta sanar da cewa, za ta ninka harajin da ake shigowa da su daga waje zuwa kashi 50 cikin 100, tare da bayyana manufar karfafa gwiwar zuba jari da samar da masana'antar aluminium na cikin gida don rage dogaro da aluminium da ake shigowa da su. Da zarar an aiwatar da wannan manufar, nan da nan ta canza tsarin samarwa da buƙatun Amurkakasuwar aluminium- Farashin aluminium da aka shigo da shi ya karu sosai saboda farashin farashi, kuma masu siyar da aluminium na gida sun sami rabon kasuwa ta hanyar fa'idodin farashin, kai tsaye suna amfanar Aluminum Century a matsayin jagoran masana'antu.

A matsayin babban mai hannun jari na Aluminum Century na dogon lokaci, Glencore yana da haɗin sarkar masana'antu mai zurfi tare da kamfanin. Bayanan jama'a sun nuna cewa Glencore ba wai kawai yana riƙe da daidaito ba a cikin Aluminum Century, amma kuma yana taka muhimmiyar rawa: a gefe guda, yana ba da kayan alumina mai mahimmanci na Aluminum na ƙarni don tabbatar da kwanciyar hankali na samar da shi; A gefe guda kuma, ita ce ke da alhakin rubuta kusan dukkanin samfuran aluminum na Aluminum Century a Arewacin Amurka da kuma ba da su ga abokan cinikin gida a Amurka. Wannan samfurin haɗin gwiwar dual na "sarkar daidaito+ masana'antu" yana ba Glencore damar ɗaukar daidaitattun canje-canje a cikin ayyukan aiki da canje-canjen ƙima na Aluminum Century.

Rarraba jadawalin kuɗin fito yana da babban tasiri na haɓakawa akan ayyukan Aluminum Century. Bayanai sun nuna cewa farkon samar da aluminium na Century Aluminum ya kai tan 690000 a cikin 2024, matsayi na farko a tsakanin kamfanonin samar da aluminium na farko a Amurka. Dangane da Kasuwancin Data Monitor, girman shigo da aluminium na Amurka na 2024 shine tan miliyan 3.94, wanda ke nuna cewa aluminium da aka shigo da shi har yanzu yana da babban kaso na kasuwa a Amurka. Bayan karuwar jadawalin kuɗin fito, masu kera aluminum da ake shigo da su suna buƙatar haɗa kashi 50% na farashin jadawalin kuɗin fito a cikin ƙididdigansu, wanda ke haifar da raguwar ƙimar farashin su. An ba da fifikon ƙimar kasuwa na ƙarfin samar da gida, kai tsaye yana haɓaka haɓakar riba da haɓaka farashin hannun jari na Aluminum Century, ƙirƙirar yanayi masu kyau don rage riba na Glencore.

Duk da cewa Glencore ya rage hannun jarinsa da kashi 10%, har yanzu yana riƙe matsayinsa na babban mai hannun jarin Aluminum ƙarni na 33%, kuma haɗin gwiwar sarkar masana'anta tare da Aluminum na ƙarni bai canza ba. Manazarta kasuwa sun yi nuni da cewa wannan raguwar hannun jarin na iya zama aikin da aka tsara don Glencore don inganta rabon kadara. Bayan jin daɗin fa'idodin rabe-raben manufofin jadawalin kuɗin fito, har yanzu za ta raba rabe-rabe na dogon lokaci na ci gaban masana'antar aluminium na cikin gida a Amurka ta hanyar sarrafawa.