03/07/2026
Here we go again.
March 04, 2026
To our Valued Customers,
SPECIAL ALERT! – Midwest Aluminum Prices are at an all-time high and continue to climb.
As you are aware, there have been many international developments affecting the global primary aluminum market. Escalating geopolitical tensions in the Middle East have introduced incredible volatility to global aluminum pricing and availability. The Middle East accounts for approximately 25% of primary aluminum production outside of China.
A major Middle Eastern smelter has curtailed production following a recent attack impacting its energy supply. In tight supply environments, even modest production curtailments can exert upward pressure on LME pricing, regional premiums, and conversion spreads.
Additionally, the Strait of Hormuz remains a strategic maritime corridor for both energy and raw material shipments. Prolonged disruption or constraint of vessel traffic will also have an impact on energy prices and as a result the price of Aluminum.
At present, EMS is not aware of any supply interruptions. Our vendor’s billet sourcing is diversified geographically and their supplier relationships remain stable. However, given aluminum’s status as a global commodity priced off the London Metal Exchange (LME), market volatility may increase depending on the duration and scope of regional instability. Should conditions also materially impact availability or lead times, we will communicate promptly and work to manage exposure.
Also, as an update related to the recent ruling from the US Supreme Court. The US Section 232 Tariff on Aluminum remains in effect at 50%, for all countries, with no exceptions.
All of this has resulted in:
• The Midwest Average price of Aluminum hit a new record high today; it is up 8% over the last few days (since the end of February).
• Since the beginning of January, the current MW cost of Aluminum, including the increased conversions for 2026, is up 23%
Based on these increases, Aluminum prices for finished Sheet and Extrusions could increase by an additional 5%-10% over the course of the next 30-60 days, depending on the product.
For existing contracts and open orders, pricing will be honored according to the terms in effect at the time of the order. However, all new orders shipped after April 1st will see a price increase. You should expect increases throughout the month as we restock with higher priced inventory. Your EMS salesperson will continue to work with you on an order-by-order basis.
We understand that these unprecedented times and rising raw material costs can impact your business. We want to assure you that, as the leading Value Add Wholesale Aluminum distributor in the US, we take seriously our responsibility to communicate these changes in the market. We will continue to work hard to limit the impact on our loyal partners.
Our goal is to be your Preferred and Most Trusted Resource for high quality aluminum product Solutions. Should you have any questions or need further information, please do not hesitate to contact your EMS representative.
Mike Swedick
Chief Executive Officer, EMS
