Tag: Market

What happened this week: Why it matters: What to watch next: For now, MWP remains elevated, but the key question isn’t if a correction comes, it’s when.

Tariffs are making headlines, but aluminum doesn’t wait for politics to play out. The market is already shifting, supply chains are adjusting, and smart money is moving ahead of the noise. So, where does that leave us? What’s happening right now?What if this escalates further?What should we be doing now?What’s Happening? The biggest shifts aren’t […]

On January 10th, a newly formed Canada-U.S. Trade Council was formed. It is meant to smooth over growing trade tensions, inspired by the tariff threat, but skepticism is already running high. A service center I spoke with dismissed the council outright, saying, “The bios are heavy on politicians, which means little will be accomplished.” It’s […]

Some of you might be scratching your heads, wondering why you should even care about future’s spreads when you’re doing deals back-to-back. Well, hang tight, and I’ll break it down for you in plain terms. What happened to the Mar-April aluminum spread on the LME? The spread between March and April went into a backwardation, […]

All roads seem to point to a higher Midwest Premium, no matter who gets elected.

Domestic demand is seen as decreasing, with 60% of participants marking a downturn, particularly within ferrous scrap.

Kaiser reported net income of $12 million for the third quarter.

In case you missed it, here are highlights from the week.

Once was a stable trade environment, aluminum has now become one of the most complicated commodities traded. And it's not getting any better.