Iran war, tariff changes, project announcements and more
There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.
Category: Trade Policy and Tariffs
Join SMU and AMU for a Community Chat with Mercury Resources CEO Anton Posner
Anton Posner, CEO of Mercury Resources, will join Steel Market Update and Aluminum Market Update for a Community Chat on Thursday, May 14, at 11 am ET.
US opens new S232 tariff-relief path for Canadian and Mexican producers
The US has released new procedures allowing steel and aluminum producers in Canada and Mexico to qualify for reduced Section 232 tariffs. But only if they commit to building new production in the US.
Geopolitical uncertainties spotlight the aluminum market’s resilience and adaptable supply chain
Aluminum executives say geopolitical tensions are reshaping logistics and trade flows, but demand remains stable as the supply chain adapts to ongoing disruptions.
Edward Meir's week in review and thoughts for the week of April 27, 2026
Markets were all over the map last week. But once again, it was energy that commanded the most attention.
AMU Survey: Measured lead times diverge as sheet eases and primary tightens
Measured lead times moved in different directions in April, with sheet easing, extrusion firming, and primary tightening.
Alcoa navigates impacts of Iran war
The Iran war has curtailed a market already tight due to curtailments in Mozambique and disruptions in Iceland. Alcoa is increasing production at some facilities.
What to watch for this earnings season
LME and Midwest premiums are rising, and a conflict in Iran is just one of several challenges the market is facing.
Labor negotiations pause for Alcoa; Arconic begins talks with USW
Contract negotiations between Alcoa and a United Steelworkers local in New York State are still on pause as the two sides work on economic proposals.
Edward Meir's week in review and thoughts for the week of April 13, 2026
Things took an ominous turn after President Trump announced he would order the US Navy to block any vessels entering or exiting the Gulf. We suspect we will see another sizable bounce in crude and a resumed slide in both precious metals and base metals as the two parties now potentially resort to replacing talks with missiles.