Increase in Treatment Costs (TCs) for Zinc Concentrate in China: Driven by Increased Foreign Supply
Treatment costs (TCs) for zinc concentrate imported into China have steadily increased in recent months, driven by increased supply from foreign mines. This was reported by several market sources contacted by Commodity Evolution. TCs represent the costs that mine...
EU-US Trade Agreement: Base Tariff at 15%, But Copper Remains Penalized
A new trade framework between the European Union and the United States was announced on Sunday, July 27, by President Donald Trump and European Commission President Ursula von der Leyen. The agreement provides for a uniform 15% tariff for most European exports to the...
Excess Inventories! The Domestic Primary Aluminum Billet Market Is Under Pressure
Since June, the Chinese primary aluminum billet market has been hit by a wave of production cuts. Inventories, both domestic and international, have remained at unusually low levels, triggering market "cornering"—hoarding attempts by traders. This has caused spot...
The European Commission Strengthens Control Over Scrap Trade
The European Commission recently announced the implementation of a new customs surveillance mechanism dedicated to monitoring trade flows involving waste and scrap metal. The initiative is part of the broader Action Plan for Steel and Metals, officially presented on...
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