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UK CBAM, Sixteen Carbon-Pricing Systems Recognized But Relief Is Not Automatic
The United Kingdom has taken a further step toward the entry into force of its Carbon Border Adjustment Mechanism by publishing a provisional list of 16 overseas carbon-pricing systems that may potentially be used to obtain relief from the UK CBAM. The list includes...
European PFA Aluminium, Automotive Growth Supports Demand But Premiums Remain Far From The Highs
European primary foundry alloy premiums remained stable in August, supported by recovering car registrations and strong growth in electrified vehicles. Demand from the automotive sector appears solid, but it has not been sufficient to return prices to the highs...
European Aluminium Scrap Costs Rise While DIN226 Loses Value
The European secondary aluminium market entered the post-summer reopening phase with a clear imbalance between raw materials and finished product. The recovery in purchasing and more limited availability pushed the main scrap grades higher, while the DIN226/A380 ingot...
US Aluminium, Scrap Stagnates But Secondary Alloys Remain At Record Highs
The US recycled aluminium market appears deeply divided at the end of the summer. On one side, weak domestic demand, full warehouses and slower Asian purchasing have kept much of the scrap market unchanged or lower. On the other, secondary-alloy scarcity and plant...