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Low-Carbon Aluminum Differentials Stable, But with Some Regional Exceptions
In the month ending Friday, July 4, low-carbon aluminum differentials in Europe remained generally stable, supported by balanced market conditions and steady demand. However, some exceptions emerged, particularly for value-added products excluding billets, which...
Trump Raises Copper: Possible 50% Tariff Ignites Market Tensions
At a cabinet meeting on Tuesday, July 8, US President Donald Trump hinted that the long-awaited conclusion of the Section 232 copper investigation could be imminent, casting further uncertainty on a spot market that has already been severely destabilized for months....
China Nickel Pig Iron Prices Steady At 18-Month Low
China nickel pig iron (NPI) prices remained steady in the week ending Friday, July 4, at an 18-month low, while upstream nickel ore prices began to decline. Market sources attributed the trend to bearish sentiment and a gloomy near-term demand outlook. According to...
Global Trade Talks Race Against Time as July 9 Deadline Nears
As the July 9 deadline approaches, U.S. trading partners are stepping up efforts to strike deals with the Trump administration in an effort to avoid a return to higher tariffs. More than 100 countries are expected to receive a 10% “reciprocal” tariff in the coming...