Global Trade
April 10, 2025
Written by Nicholas Bell
As the Rose Garden event is already cementing its place as a defining moment in trade policy – whether famous or infamous – today may well go down as the day the world answered back.
From Canada to China to the European Union (EU), global trading partners are responding in force – and for aluminum players, it’s worth recapping where things stand today and zooming out to take in the bigger picture.
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.
