Tag: Prices

The Iran war has curtailed a market already tight due to curtailments in Mozambique and disruptions in Iceland. Alcoa is increasing production at some facilities.

We expect markets to open on the back foot as we head into the new week. And we would not be surprised to see a good portion of Friday's losses in oil recouped once trading in Asia gets underway.

LME and Midwest premiums are rising, and a conflict in Iran is just one of several challenges the market is facing.

Alterations to Section 232 tariffs on aluminum could make things easier on the administrative side by replacing the confusing content-based valuation system with a full-value assessment.

Dates for rest of year announced

Survey responses show demand at a reduced level, with buying ahead, tightening supply, and limited imports shaping market activity.

Netback calculation is a mechanism to determine the highest revenue return for a product expressed on an FOB smelter basis.

Extruders flagged mounting Gulf supply risks, tight US inventories, and a shift toward scrap-driven billet economics.

The Federal Reserve held rates steady while modestly raising inflation and growth projections, highlighting uncertainty tied to geopolitics and tariffs.

Steel Dynamics issued first-quarter 2026 guidance, citing higher working capital tied to its aluminum ramp as the segment begins generating EBITDA.