Global Trade
March 17, 2026
Written by Stephanie Ritenbaugh
An automotive supplier plans to turn a former steel mill site in Alabama into a facility to produce aluminum and plastic components for US automakers.
Taiwan-based Minth Group Limited said the $430 million investment will redevelop the 400-acre brownfield site that was the previous location of Republic Steel and Gulf States Steel.
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.
