Final Thoughts
January 15, 2026
Edward Meir: Aluminum outlook for 2026
Written by Edward Meir
First, let’s set the stage
Aluminum very much tracked copper’s trajectory over the course of 2025. Unlike copper, it failed to hit record highs.
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US gets first aluminum shipment from Venezuela in years
The shipment was part of an offtake agreement between private investment group Heeney Capital, Mercuria Energy Group and the Venezuelan government.
Etobicoke Casting Plant faces Stellantis strike risk
Stellantis’ Etobicoke Casting Plant faces uncertain production commitments and potential operational disruption as Unifor prepares strike authorization votes.
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If Canadian tariffs lower, it may not matter much for the Midwest premium
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The trade that couldn’t slow down
Canada and the EU. Russian sanctions. China talks.
