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6063 Aluminum Billet Premiums Rise in U.S. and Europe, But Down in Asia
6063 aluminum billet premiums delivered to the U.S. Midwest increased sharply in the month ending Friday, June 27, driven by a tight supply environment. A major contributor to this was the recent U.S. decision to impose a 50% tariff on all aluminum products from...
Alumina Prices Fall in Australia, China Stalls Amid Geopolitical Concerns and Overproduction
Spot prices for Australian-sourced alumina fell significantly during the week ending Thursday, June 26, while prices in the domestic Chinese market were unchanged. According to several market participants, the fob Australia alumina index fell to $358.98 per tonne,...
European Polypropylene Prices Slightly Decline on Lower Oil Prices and Sluggish Demand
Spot prices for polypropylene (PP) in Europe have seen a slight decline over the past week. The main reason for this was weak crude oil prices, which dampened expectations of a possible price increase along the petrochemicals supply chain. During the week,...
Ivanhoe Electric Sets Focus on US-Made Copper with Santa Cruz Project in Arizona
Ivanhoe Electric, a mining company listed on the New York and Toronto stock exchanges, has announced an ambitious project to produce copper cathodes in the heart of Arizona, near Casa Grande. The goal is clear: to strengthen the United States' self-sufficiency in the...