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Washington Postpones Tariff Increase on Chinese Goods: Truce Extended Until November 2025
The White House announced that President Donald Trump has signed an executive order postponing the planned tariff increase on Chinese goods by 90 days, thus extending the tariff truce until November 10, 2025. The decision was widely expected after two days of...
SHFE Base Metal Prices Show Mixed Movement, With Copper Leading the Way
On the morning of Wednesday, August 13, base metal prices traded on the Shanghai Futures Exchange (SHFE) showed mixed movements, with most changes limited. At 10:30 a.m. Shanghai time, compared to the 3:00 p.m. close on Tuesday, August 12, the September contracts per...
Southeast Asian Aluminum Scrap Import Market Stalled by Summer Holidays
The Southeast Asian aluminum scrap import market showed sluggish performance in the week ending Tuesday, August 12, according to Commodity Evolution. Most traders were absent for the usual seasonal holidays, reducing trading activity to minimal levels and postponing...
Copper Production Rises in Second Quarter of 2025
Despite growing tensions related to the dispute with the Mali government over the Loulo Gounkoto gold mine, Barrick Mining reported a significant increase in copper production in the second quarter of 2025. The Toronto, Canada-based company expects to meet—and likely...