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Global Zinc Market: Premiums Stable Between Europe, Asia, and the United States Despite Declining Inventories and Closed Arbitration
The European zinc market remained stable in the September 2nd session, with weak trading and still very sluggish demand, despite the continued decline in inventories in London Metal Exchange (LME) warehouses. According to Commodity Evolution, premiums for SHG min....
US Nonferrous Metals Market: Diverging Dynamics Amid Oversupply, Tariffs, and Seasonality
The US spot copper market remained weak in the week ending Tuesday, September 2, driven by both oversupply and slow trading following the Labor Day holiday. The premium for Grade 1 copper cathodes, delivered direct to the US Midwest, hovered between 4 and 6 cents/lb,...
US Tariffs: Federal Appeals Court Rules IEEPA-Based Measures Unlawful
A US federal appeals court has upheld the US Court of International Trade's ruling that the president's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs was unlawful. The measure, initially adopted by Donald Trump, involved tariffs...
China Lifts Restrictions on Rare Earths to India: A Step With Strong Global Repercussions
In a move that could reshape the balance of global supply chains and international relations, China has announced the lifting of restrictions on rare earth exports to India. The decision affects not only these strategic minerals, but also fertilizers and tunneling...