Global Trade
January 21, 2025
Written by Gabriella Vagnini
President Trump’s, day-one action list shows big changes that could reshape the aluminum industry, especially here in the U.S. The focus was on energy dominance, trade policy and deregulation which could provide opportunities for domestic growth, but they also raise questions about supply chains, global markets and long-term planning.
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.
