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Copper Concentrate TCs Turn Negative: A New Market Scenario
The global copper concentrate market has reached a historic turning point. For the first time, the cif Asia-Pacific TC index has fallen below -$90 per tonne, marking a profound shift in dynamics between miners, traders and smelters. The data reflects an increasingly...
Mexico Targets Tariff Elimination In USMCA Renegotiation
Mexico has clearly outlined its priorities in the renegotiation of the USMCA trade agreement. The elimination of US tariffs on steel, aluminium and the automotive sector represents the core objective of its negotiation strategy. This position reflects the intention to...
Aluminium Billet Premiums In Brazil Rise Amid Freight Costs And Tight Supply
The Brazilian market for imported aluminium billets recorded a new increase in premiums in the two weeks to March 20. The move reflects a global environment characterized by rising freight costs and tighter metal availability. Commodity Evolution assessments show...
Global Scrap Prices Surge Amid Geopolitical Tensions
The global steel scrap market recorded a sharp acceleration in the week to March 20. Escalating geopolitical tensions in the Middle East prompted major exporters to aggressively raise offer prices, triggering a rapid increase in prices. At the same time, the rally in...