March survey aluminum market chatter
Survey responses show demand at a reduced level, with buying ahead, tightening supply, and limited imports shaping market activity.
Survey responses show demand at a reduced level, with buying ahead, tightening supply, and limited imports shaping market activity.
Extruders flagged mounting Gulf supply risks, tight US inventories, and a shift toward scrap-driven billet economics.
Lead-time expectations remained extended as supply stayed tight, even as import competitiveness decline and logistics costs increased.
The Federal Reserve held rates steady while modestly raising inflation and growth projections, highlighting uncertainty tied to geopolitics and tariffs.
Steel Dynamics issued first-quarter 2026 guidance, citing higher working capital tied to its aluminum ramp as the segment begins generating EBITDA.
US Customs and Border Protection concluded the first of two scheduled auctions of seized extruded aluminum pallets on Feb. 19.
Century Aluminum and Emirates Global Aluminium signed a downstream agreement with U.S. Aluminum Company tied to the planned Oklahoma smelter.
February survey results show extending lead times, rising undersupply expectations, and firmer perceptions of import competitiveness.
Hydro reported steady primary aluminum output and forward price visibility, while North American extrusion volumes reflected ongoing end-market softness.
The company expects to invest more in 2026.