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China Introduces New Battery And Photovoltaic Tax Policy To Promote Next-Generation Technologies
Beijing is introducing a differentiated consumption-tax system that will favor sodium-ion batteries, solid-state batteries and advanced photovoltaic cells, while taxes will gradually be restored on lithium batteries and conventional solar products. The reform marks...
Aluminium In Asia, Hormuz Crisis Cuts Supplies And Supports Japanese Premiums
The conflict in the Middle East is significantly reducing aluminium flows toward Japan and South Korea, two markets heavily dependent on supplies originating in the Persian Gulf. Japanese imports from the region have collapsed by as much as 74.3% year on year, while...
HRC, Limited Availability Supports Prices In Europe And The United States
The international hot-rolled coil market is entering the central part of the summer with one common element on both sides of the Atlantic: spot availability is limited and steel mills are showing no particular urgency to sell. In Italy, new references for September...
European Secondary Aluminium Prices Fall, But Costs Limit The Decline
European secondary aluminium ingot prices recorded a further retreat in the week ended July 16, penalized by extremely limited spot demand and greater scrap availability. A large part of consumers is already covered through September, but high energy, transport and...