Global Trade
July 7, 2026
Written by Nicholas Bell
Inola Town Council in Oklahoma approved a 60-day moratorium that temporarily pauses permitting and other development actions tied to heavy industrial facilities, including the proposed primary aluminum smelter backed by Emirates Global Aluminium (EGA) and Century Aluminum.
Council unanimously approved the measure June 29.
US aluminum scrap imports increased faster than exports through August, while similar tonnage gains kept net exports near year earlier levels.
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.
