The art and science of Midwest Duty-Paid Premium discovery
When calculating replacement cost, let’s be clear. The process tells us what a given commodity “ought to be worth”, not what it will subsequently trade at.
When calculating replacement cost, let’s be clear. The process tells us what a given commodity “ought to be worth”, not what it will subsequently trade at.
This is the new aluminum market: policy-led, premium-driven, and full of uncertainty. If you're not actively watching the signals, you're likely reacting to moves after they've already happened.
Downstream players are left guessing which market signals are real and which are being quietly managed behind the scenes.
Between the macro results and tariff fallout, there's more than enough to unpack - the data dump was massive, prices went haywire, and the outlook got even foggier.
It is a clear sign that risk has re-entered the conversation, and buyers are already having to adjust. Again.
A federal trade court found that Trump’s use of the International Emergency Economic Power Act (IEEPA) to justify tariffs early April and dubbed the “Liberation Day” tariffs was unconstitutional.
The billet market has been quiet in 2025 so far, but extruders exposed to the spot market are now facing some challenges.
ReMA's Spotlight on Aluminum highlighted a litany of pressure points shaping the industry, with a particular emphasis on the aluminum scrap frontier.
Memorial Day gives us a moment to reflect on the materials and industries that have supported American strength.
The Administration was eager to announce its first major trade deal on Thursday May 8. Unfortunately, the media probably gave more airtime to the news that Robert Prevost was the first American elected Pope in the Roman Catholic Church. Timing is everything…. but still the deal had important symbolism.