Global Trade
July 2, 2025
Written by Nicholas Bell
July marks the end of the second quarter of the fiscal year, and the first quarter in which tariffs on imported vehicles were in effect nearly the entire time.
On paper, second quarter North American sales reports from auto manufacturers extended long-running trends: soft-to-mixed electric vehicle demand, a continued consumer preference for light trucks, and better-than-expected headline sales figures.
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.
