Semi-fabricated markets aren’t moving together
Recent earnings show stronger shipments in specific rolled products than extrusions, but changing automotive programs, billet supply disruptions and trade flows complicate broader market conclusions.
Recent earnings show stronger shipments in specific rolled products than extrusions, but changing automotive programs, billet supply disruptions and trade flows complicate broader market conclusions.
Ardagh Metal Packaging upgraded its full–year 2026 EBITDA guidance to a range of between $775 million–$790 million, as the second quarter saw growth driven by Europe.
Higher packaging and general engineering shipments drove Kaiser Aluminum's second-quarter volume growth, while favorable metal conditions lifted earnings.
SDI, which runs Aluminum Dynamics Inc (ADI), has been ramping up production in Mississippi and at a recycled slab center in San Luis Potosi, Mexico.
Gränges Americas sales volume rose 7.7% in the second quarter as packaging gains outweighed lower industrial shipments tied to construction demand.
Aluminum Dynamics will invest more than $200 million in a Mississippi recycled slab center that establishes the permanent location for a project Steel Dynamics relocated from Arizona.
The first half of 2026 has been turbulent for the aluminum market, with the Iran war sparking the largest supply shock in the history of the industry, CRU Group said.
Steel Dynamics will relocate a planned Arizona recycled aluminum slab casting center to Mississippi after citing risks tied to differences with Arizona officials and recording a $16 million write-down.
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.
CRU's May outlook reduced 2026 growth expectations for several aluminum product categories, while its largest long-term forecast revision occurred in rolled products.