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US Aluminium, Midwest Premium Falls As Weak Demand And Uncertainty Restrain Buying
The US primary aluminium premium has broken its recent period of stability. The P1020 premium, delivered duty paid in the Midwest, fell to 105-108 cents per pound on October 6, compared with 109-111 cents on September 29. The decline reflects a market in which softer...
Assofermet, Metals Competitiveness Under Pressure As Geopolitics, Energy And CBAM Reshape Procurement
Tariffs, geopolitical tensions, energy costs and new trade barriers are changing operating conditions for Italian steel and metals companies. The challenge involves not only the purchase price of raw materials, but also knowing the final cost, receiving supplies on...
Freight Markets, Red Sea Return Eases Europe-Bound Rates As Bunker Prices Hold And Transpacific Costs Stay High
The gradual return of container ships to the Red Sea is helping increase available capacity on Asia-Europe routes, accompanying the decline in freight rates that began in mid-July. Shorter sailing times are providing relief, while geopolitical tensions, port...
Alumina, Alunorte Weighs On Hydro’s Performance: Spot Gas And Port Delays Complicate Supplies
Gas procurement difficulties at the Alunorte refinery are creating significant financial pressure for Hydro Aluminium. On September 5, the company indicated a projected $75-100 million impact on its third-quarter 2026 performance, while estimating an effect of...