Loading
Southeast Asian Market Sluggish: The Weak Side of Imports
The Southeast Asian aluminum scrap market continued to show signs of weakness in the week ending Tuesday, September 2. Importers moved with extreme caution, held back by the usual seasonal pause and a global environment that did not favor aggressive buying. In...
India Approves $170 Million Plan to Support Lithium Battery Recycling
The Indian government has taken a significant step to strengthen its supply chain resilience for critical minerals. During its meeting on September 3, the Cabinet approved a six-year incentive plan worth 15 billion rupees (approximately $170 million), from the 2025-26...
GST Rate Reform in India: New Momentum for Autos and Aluminum
The Indian Ministry of Finance, led by Nirmala Sitharaman, approved a major tax rate revision during the 56th GST Council meeting, which will have a profound impact on the automotive sector. Effective September 22, Vehicles under 4 meters in length, with engines up to...
Global Coil Prices: United States and Europe Between Stability, Rebounds, and Regulatory Expectations
The US hot-rolled coil (HRC) market showed mixed signals in early September, due to the post-holiday reopening and limited spot activity. In the South, prices consolidated around $830/ton, supported by reasonable material availability and still short lead times (3-4...