Final Thoughts
November 5, 2026
Written by Stephanie Ritenbaugh
The threat posed by the Iran war to aluminum markets has managed to sidestep the worst-case predictions.
Damaged facilities have been repaired ahead of schedule. Most recently, Emirates Global Aluminium (EGA) has reached the halfway point in the Al Taweelah restart, with 631 of the smelter’s 1,262 reduction cells back in operation.
After flying into a rain-soaked London last week seeking answers to questions on key issues in the aluminum space, we left the city with uncertainty remaining.
The shipment was part of an offtake agreement between private investment group Heeney Capital, Mercuria Energy Group and the Venezuelan government.
Stellantis’ Etobicoke Casting Plant faces uncertain production commitments and potential operational disruption as Unifor prepares strike authorization votes.
Commercial vehicle orders have surged in 2026, but policy-driven timing may be making the market look stronger than current production and supplier sales.
