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European Union Suspends €93 Billion in Retaliatory Tariffs on US Imports
The European Commission has announced its intention to postpone the implementation of retaliatory tariffs worth €93 billion on US imports, which were initially scheduled to take effect on August 7. The decision comes as Brussels and Washington continue negotiations to...
Alumina Powder Production Declines in Iran: Effects of the Energy Crisis
According to data recently released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iranian alumina powder production for the period from March 21 to July 22, 2025, stood at 74,425 tonnes, a 3.1% decrease compared to the...
Premium Differential Declines Between P0610 and P1020A Ingots in Rotterdam
The premium differential between primary aluminum ingot P1020A and the high-purity P0610 in Rotterdam decreased sharply on Friday, August 1, amid increasing availability of P0610 units in the European region. The net backhaul premium of P0610 over P1020A, in-whs...
Mitsubishi Materials to Reduce Copper Concentrate Processing at Onahama
Japan's Mitsubishi Materials has announced that it will reduce copper concentrate processing at its Onahama Smelting and Refining plant, located in Iwaki City (Fukushima Prefecture), due to severe pressures on the global copper concentrate market. According to the...