The aluminium associations of the United States, Europe, Canada and Japan welcome the OECD’s release of the 2026 MAGIC database on industrial subsidies. The data confirm that industrial subsidies have continued to increase globally, with China remaining by far the largest provider of support and aluminium among the most heavily subsidised sectors. The findings reinforce longstanding concerns about market distortions and underscore the need for coordinated action to strengthen secure and resilient regional aluminium supply chains. The associations remain committed to working with governments and international organisations to support a level playing field and long-term industrial competitiveness.

The aluminium industries of the United States, Europe, Canada and Japan call for coordinated action to address the growing distortions caused by China's extensive industrial subsidies. New OECD data confirm the scale of these market distortions and their impact on global aluminium markets, raising concerns for economic security, competitiveness and supply chain resilience. This statement sets out the industry's priorities for G7+ governments, including collective measures to counter the effects of subsidised overcapacity and targeted support to strengthen primary and secondary aluminium production across allied economies.

We set out how the EU ETS must evolve post-2030 to support both climate ambition and Europe’s industrial competitiveness. The paper calls for a realistic ETS cap trajectory aligned with technology readiness, stronger carbon leakage protection, continued indirect cost compensation, and targeted funding to decarbonise the aluminium value chain. These reforms are essential to keep low-carbon aluminium production in Europe while safeguarding strategic autonomy, circularity, and the clean energy transition.