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    SMU Community Chat: UK trade deal could set template for others

    Written by Stephanie Ritenbaugh


    The recent tariff agreement between the US and UK isn’t a big deal for aluminum – the UK exports very little across the pond – but there are some takeaways worth noting, according to Greg Wittbecker, senior adviser for Aluminum Market Update.

    AMU is a sister publication of SMU that’s due to launch this summer. Wittbecker and Managing Editor Gabriella Vagnini spoke with David Schollaert, SMU’s deputy editor in chief, Wednesday about trade policy and how it’s impacting the aluminum sector.

    Stephanie Ritenbaugh

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    AMU: Edward Meir’s week in review and thoughts for the week of Oct. 12, 2026

    Base metals had a mixed week. Tin lost almost 4% on the week, finishing at $53,000/ton. Prices dropped to a low of $51,259/ton at one point. Aluminum was another loser, off by about 1.6% on the week. Investors are expecting more aluminum supply going forward, especially out of China and Indonesia. Copper prices tacked on 1.1%. They have now recovered more than half of the $700/ton loss sustained (over the course of a week) following reports/rumors in mid-September that US tariffs on refined copper imports might not proceed after all.