Global Trade
June 30, 2026
Written by Stephanie Ritenbaugh
The recent retreat in aluminum prices has been a “head scratcher” as the Iran war continues to disrupt output from an important production region.
“I don’t think it makes sense,” Wells Fargo Managing Director Timna Tanners said during a Community Chat on June 24. The webinar was co-hosted by SMU and AMU. A replay can be found here.
Stellantis’ Etobicoke Casting Plant faces uncertain production commitments and potential operational disruption as Unifor prepares strike authorization votes.
Mumbai-based Hindalco said in a regulatory filing it would forgo the deal due to “extended closure delays beyond the control of either party."
LME aluminum prices moved lower into October as on-warrant stocks declined and investment firms reduced net-long exposure.
Indonesian unwrought aluminum exports increased sharply in August, with the US and South Korea accounting for a growing share of shipments.
Honda and Toyota gained relative ground in the third quarter as GM and Ford sales declined and several battery-electric models lost volume.
