Where are the commercial undertakings?
Commercial participation in LME aluminum declined over the past year even as prices increased, inventories tightened and financial market activity expanded.
Commercial participation in LME aluminum declined over the past year even as prices increased, inventories tightened and financial market activity expanded.
Rio Tinto has started commissioning its AP60 expansion at Arvida, adding 160,000 metric tons of annual primary aluminum capacity while replacing older production assets.
The International Aluminium Institute's April figures showed Gulf production losses and the Mozal shutdown outweight modest gains from Europe, China and North America.
AMU's May aluminum market survey showed lengthier rolled product lead times coupled with shrinking extrusion and primary booking windows, though inventory building and forward demand sentiment remained cautious.
CRU’s Ross Strachan and Paul Williams outline at the CRU World Aluminium Summit 2026 how GCC disruptions are tightening billet, slab and foundry alloy supply more sharply than primary aluminum availability, increasing pressure across downstream manufacturing markets.
There was a lot going on this past week on both the geopolitical and economic fronts. Investors were fixated on the two-day visit to China by President Trump. He arrived in Beijing last Wednesday night, with a massive corporate delegation in tow. Expectations were high that some progress would be made on a host of thorny issues. But at the end of the day, the trip produced relatively modest results.
“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.
In the base metals markets, we had a mixed showing. Tin did best, adding almost 10% on the week on concern about lagging supply.
Century Aluminum CEO Jesse Gary said his company could start up its new smelter in Oklahoma ahead of schedule if the permitting process moved more quickly.
Nexans plans to acquire Republic Wire to expand its US low-voltage wire and cable business.