Global Trade
July 31, 2026
Written by Nicholas Bell
Ford narrowed the year-over-year decline in second-quarter F-Series production after the Novelis aluminum supply disruption cut output more sharply during the first quarter.
Lower gross stocks and postponed Super Duty fleet orders indicate that the production recovery had not yet moved fully through Ford’s distribution system by the end of June.
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.
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.
