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Washington Recalibrates Tariffs: Targeted Exemptions and New Trade Dialogues
US trade policy has returned to the global spotlight. With a crucial Supreme Court decisionlooming on the legitimacy of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), the Trump administration has announced a new wave of tariff...
Codelco Rocks the Market: Record Premiums Offered for 2026 Copper Cathodes in Asia
The global copper market has been rocked by an announcement few expected on this scale. Chilean Codelco, the state-owned giant recognized as the world's largest refined copper producer, has offered South Korean customers a staggering premium: $330 per ton for cathode...
China’s Base Metals Market: A Morning of Subtle Balances and Contradictory Signals
The morning session on Thursday, November 20, on the Shanghai Futures Exchange (SHFE) opened with a tense atmosphere, almost poised between caution and expectation. Base metal prices showed mixed trends, fluctuating within a narrow range: a market seemingly holding...
Ferrous Scrap Demand in the MENA Region Rises Toward 2026
Demand for imported ferrous scrap is expected to grow significantly in the main Middle Eastern markets in 2026. This trend is now evident and confirmed by panelists at the Middle East Iron and Steel Conference (MEIS) on November 18 in Dubai. The region is facing two...