Aluminium Market Pulse

Long-Term Price Forecasts

• 🔥 Citi Aluminium Projections: Citi forecasts aluminium prices averaging $3,700 per tonne in 2027 and $3,800 per tonne...

• Fitch upgraded Vedanta Resources to 'BB' with stable outlook, noting tight supply conditions favor low-cost APAC smelters
• Citi stays bullish on...

Aluminium associations from the United States, Europe, Canada and Japan welcome new OECD data on industrial subsidies, highlighting quantified support levels across markets.

The tentative US-Iran peace deal reopening the Strait of Hormuz could reverse recent Gulf supply disruptions for aluminium. Persian Gulf countries...

Price Reactions to US-Iran Developments

• 🔥 Aluminum Price Drop: Global aluminum prices fell with an 11% decline from the 2026 peak and a 4.92%...

North American automotive aluminum demand remains stable as automakers adopt multi-material designs instead of all-aluminum bodies.

• Multi-material...

Aluminium prices tumbled sharply after the US-Iran framework agreement reopened the Strait of Hormuz.

• Immediate reaction: Prices fell 4.92% to 356.8...

After 20 years of structural oversupply with persistently high inventories, the global aluminum market now faces a historic supply shock.

UK aluminium scrap exports jumped 43% since 2016 to over 624,000 t last year, with shipments to India up 94% and to the US nearly tenfold, raising...

EU Carbon Tariff Expansion

• 🔥 CBAM Scope Broadened: EU member states agreed to expand the CO2 border adjustment mechanism to include washing...

Strait of Hormuz disruptions are driving a clear trend toward recycled aluminium and higher project expenses.

• Recycling surge: Primary supply...

EU states have agreed to extend the CO2 border tariff to washing machines and other processed goods with high aluminium content, moving beyond basic...

Axis Securities projects global primary aluminium demand at 74.3 MT in 2025, climbing to 82 MT by 2030, pointing to enduring supply constraints as a long-term structural feature.

China’s aluminium exports rose 16% year-on-year to 630,000 tonnes in May, driven by Middle East disruptions and elevated global premiums. Strong...

A commercial market report projects Asia aluminum targets demand growing at a 5–7% CAGR through 2035, led by semiconductor and display applications in...

Oklahoma Governor Stitt backs the Inola aluminum smelter as a national security priority to counter China's 60% global production share, while AG...

Despite record-high aluminum prices and expanding tariffs tightening supply, manufacturing continues to outperform expectations amid steady demand and...

Trump's 50% tariff is redirecting Canadian aluminum to Europe, where supplies are tightening and record prices are emerging, while US automakers and...

The Trump administration plans new tariffs on at least 60 countries, including Canada, over alleged forced labour in supply chains. Canada specifically faces a 10% export tariff on all non-CUSMA compliant goods.

ALFED's new 2026-2027 framework sets six priorities to boost sector resilience.

• Energy costs and midstream capacity remain central to improving UK...