Global Trade
June 3, 2025
Written by Gabriella Vagnini
This is everything about using Foreign Trade Zones (FTZs) versus bonded warehouses for importing aluminum, like P1020 from Canada into the U.S., especially with the new 50% tariff in place June 4.
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.
