Global Trade
August 5, 2026
Written by Nicholas Bell
Daimler Truck North America plans to close its Portland, Ore., commercial truck manufacturing operations, while International Motors has agreed to sell its Springfield, Ohio, assembly facilities to Roshel.
The announcements affect two established US commercial vehicle production sites.
“What we have seen in our industry is a lot more resilience than we were expecting to see in this space,"
Johnson declined to speculate on whether the overall rate would be changed, but said there are other adjustments that can be made.
Base metals had a mixed week. Nickel, copper, and tin were down by 3.6%, 1.2%, and 3.25%, respectively. Copper closed lower in October as well, snapping a three-month winning streak. Tin settled at a six-month low on Friday, breaching $50,000 in the process. The bulk of the selling in both copper and tin occurred on Friday because both these semiconductor-influenced metals got swept up in the equity sell-off. Aluminum was up by 0.8% on the week. Lead was just about flat. And zinc was the best performer, up by 2.6%.
ClearFlow Metalworks plans a $28 million aluminum billet casting facility in Kentucky, with initial annual casting capacity of 100,000 tons.
Adjusted EBITDA is estimated to range from $1.03 billion to $1.06 billion.
