Global Trade
August 12, 2025
Written by Nicholas Bell
Novelis’ fiscal quarter results highlight margin compression in the U.S. flat-rolled product market where end-use trends are diverging.
While beverage can sheet demand provided a welcome tailwind, the automotive body sheet market continued to present headwinds, eroding overall profitability.
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.
