Edward Meir’s week in review and thoughts on the week of July 20, 2026
We have seen aluminum correlate quite well with oil prices since the Iran war started. But there has been a noticeable disconnect between the two over the past few weeks.
We have seen aluminum correlate quite well with oil prices since the Iran war started. But there has been a noticeable disconnect between the two over the past few weeks.
Matalco recorded its highest quarterly recycled aluminum production since the Canton closure began, while Rio Tinto's primary output held nearly steady and US shipments decreased.
Canadian aluminum exports to the US have continued to drop since the introduction of tariffs in March 2025, with a growing share shipping off to Europe and Mexico.
Government data show first-half automotive production remained concentrated in light trucks, while passenger car output, inventories and import flows followed a different path.
SMU and AMU are pleased to announce that Wells Fargo Managing Director Timna Tanners will be joining us for a Community Chat webinar on Wednesday, June 24, at 11 am ET.
Commerce issued preliminary duty determinations on van-type trailer imports from China and Mexico while terminating the Canadian subsidy investigation and advancing the remaining trade cases toward a final decision.
Aluminum Association of Canada's Jean Simard outlines how the upcoming CUSMA review could strengthen North American aluminum market integration through greater transparency, stronger enforcement and closer trade-policy coordination while preserving the agreement's existing framework.
USMCA modernized North American trade and reinforced the manufacturing foundation that supports the automotive, packaging, aerospace, energy and defense sectors.
The proposed extension would last for one year.
The remarks come head of the joint review of the US-Mexico-Canada Agreement, which replaced NAFTA, on July 1.