Global Trade
July 22, 2025
Written by Stephanie Ritenbaugh
Norwegian aluminum producer Norsk Hydro announced it is cutting its’ capital expenditure guidance and freezing hiring white-collar workers due to “global market uncertainty.”
Hydro is reducing its CapEx guidance for 2025 by NOK 1.5 billion (US $148.6 million) to NOK 13.5 billion (US $1.3 billion).
EGA has restarted 631 of Al Taweelah’s 1,262 reduction cells and still expects the smelter to return to full production in Q1 2027.
Recycler forward views shifted toward undersupply in October even as Midwest Premium and UBC expectations moved lower.
Aluminum sheet lead times rose modestly in October, while broader supply indicators remained largely stable after September’s shift.
Alcoa expects two other unnamed sites to follow the Massena East sale.
A Luxembourg court withdrew an order blocking a potential sale of Ardagh Metal Packaging, allowing Ardagh Holdings to resume preparations.
