AMU Community Chat: LME and Midwest premium highs and tariff fatigue
AMU contributors Greg Wittbecker and Edward Meir spoke on a wide range of topics during a Community Chat on Thursday, Jan. 22.
AMU contributors Greg Wittbecker and Edward Meir spoke on a wide range of topics during a Community Chat on Thursday, Jan. 22.
January AMU survey results show firmer Midwest premium expectations, stabilizing UBC outlooks, and a split between recycler responses and those of producers, manufacturers, and traders.
“There's absolutely no doubt that aluminum will be a growth platform for us going forward,” said Mark Millett, co-founder, chairman & CEO of the Indiana-based steelmaker.
“Both parties will now solely focus their greenfield development efforts in the United States on the Inola, Okla., site,” the companies said in a press release.
A weekly review of global political developments, market volatility and key macroeconomic data shaping equities, commodities, energy and trade heading into the week of Jan. 26.
The smelter is expected to be fully ramped up by end of the year, the mining company said.
Alcoa's full-year 2025 results show higher aluminum production yet lower shipments as the company outlines its 2026 outlook and capital posture.
Non-residential construction indicators show how planning and backlog shaped aluminum demand heading into 2026.
The move comes as pressure is increasing to keep scrap at home but US tariff exemptions have made exports more appealing.
The soaring Midwest premium, scrap bans, tariffs and geopolitical issues—we have plenty to talk about in 2026.