Aluminium

Fastmarkets has calculated its Carbon Border Adjustment Mechanism (CBAM) Certificate Index at a price only slightly below the official average price for the first quarter of this year, when the regime was brought into operation.

For most of the last decade, Alcoa has been shrinking itself into a better company. It sold assets, shut high-cost operations, repaired its balance sheet and preached capital discipline.

North American EV demand is slowing with BEV adoption declining while hybrid vehicle sales gain momentum, prompting automakers to reset strategies amid policy shifts and trade pressures.

The Trump administration has concluded its investigation against Brazil under Section 301, with the country’s Trade Representative Jamieson Greer proposing a 25% tariff on the South American country’s imports but putting forth a list of exempted items.

The Strait of Hormuz, through which roughly 20% of global oil and liquefied natural gas (LNG) flows, has been closed for three months since US-Israeli strikes on Iran began on February 28, driving up energy costs and putting Europe’s aluminium sector under pressure.

USMCA-driven localization is strengthening automotive supply chains, improving resilience and reducing certain cost risks. But as production spans multiple stages across the US–Mexico corridor, OEMs need clearer visibility into how costs build across regions to maintain margin control.