Key talking points for 2026 aluminium contracts – 26 September 2025

Ahead of next year’s contract negotiations, market participants flag uncertainty over CBAM cost methodology, logistics, and supply stability.
👉 Source: Fastmarkets Insight

  • The European Carbon Border Adjustment Mechanism is just over three months away from entering its “definitive” period, but concerns among market participants remain.
  • Long-term tariff clarity remains a key focus for market participants in the US aluminium market.
  • Interest in Indonesian aluminium grows as output is set to rise