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US Aluminium, The Midwest Premium Remains High While Tariffs Freeze The Spot Market
The primary aluminium premium in the United States remained substantially stable in the week ended Tuesday August 25, but behind the limited change in values, a phase of profound trade uncertainty developed. The negotiations between the United States and Canada over a...
Asian Stainless Steel Declines, Chinese Inventories Rise And Sellers Sacrifice Margins
Stainless steel prices in Asian markets declined in the week ended Wednesday August 26. Weak demand and the continuing increase in Chinese inventories pushed sellers to prioritize volumes over margins, reducing offers in an attempt to secure orders and clear...
UK Secondary Aluminium, Scarce Scrap And Excess UBC Divide The Market
The UK secondary aluminium market followed divergent directions during the latest week. The substantial stability of aluminium quotations on the London Metal Exchange did not provide a precise impulse, leaving conditions in the physical market to determine the...
50% Tariffs, Canada Responds To The United States And The Trade War Hits Steel And Aluminium
The trade confrontation between Canada and the United States has entered a phase of rapid escalation. Starting on September 8, Ottawa will apply 50% tariffs to a broad range of steel and aluminium products imported from the United States, doubling the 25% rates...