Alcoa reports full-year 2025 results, details 2026 outlook
Alcoa's full-year 2025 results show higher aluminum production yet lower shipments as the company outlines its 2026 outlook and capital posture.
Category: Supply Chain Dynamics
The logic behind US government investment in Atlantic Alumina
Let’s unpack the facts behind this move.
EU targets small packaging in new recycling partnership
The move comes as pressure is increasing to keep scrap at home but US tariff exemptions have made exports more appealing.
LME high grade aluminum: How high is high in a post-China cost curve?
Rising global capital and power costs, driven by China's production cap and higher-cost expansion in Indonesia, are structurally resetting aluminum's incentive price, making higher LME levels necessary to unlock new primary capacity outside China.
China sees trade surplus as more partners shift from US
China's expanding trade surplus reflects a strategic rotation away from US markets and toward higher-value exports, even as domestic demand remains under pressure.
Edward Meir: Aluminum outlook for 2026
Trade deals, substitution, and the Midwest premium in the year ahead
Trump administration takes stake in Atalco to boost alumina, gallium production
Atalco is getting a $450 million infusion to expand production in Louisiana
Aerospace end market check-in: 2025 aircraft deliveries
A review of 2025 Airbus and Boeing aircraft deliveries, with context around production and supply-chain structure.
Labor agreement timelines converge in US aluminum
Labor agreements across US aluminum producers are converging around 2026, bringing collective bargaining timelines into sharper focus this year.
The question of aluminum and substitution
Decisions to swap materials are not made in the spur of the moment. Significant engineering changes have to be made, tooling has to be redesigned. With current lead times for heavy industrial equipment, substitution could take 1-2 years to execute. Substitution, whether good or bad for aluminum, is not happening quickly.