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United States: Court of Appeals Declared Trump’s Global Tariffs Illegal, But the Case Now Moves to the Supreme Court
The U.S. Court of Appeals has ruled that the global tariffs imposed by the Trump administration on numerous international trading partners—including China, Mexico, and Canada—are illegal. The judges held that these measures could not be justified under the...
Global Stainless Steel Production Increases in the Second Quarter of 2025
According to preliminary data released by the World Stainless Steel Association (worldstainless), global stainless steel production recorded a significant increase in the second quarter of 2025, reaching 16.36 million tonnes. The increase was 5% compared to the first...
UK to Introduce Carbon Border Adjustment Mechanism in 2027 to Prevent Carbon Leakage
The UK government has confirmed its intention to introduce its Carbon Border Adjustment Mechanism (CBAM) starting January 1, 2027, with the aim of combating carbon leakage, the shifting of production to countries with less stringent environmental regulations, which...
Base Metals at the SHFE: Mixed Performance After US Tariff Ruling
Base metal prices on the Shanghai Futures Exchange (SHFE) showed mixed results on Monday, September 1, influenced by the ruling issued by the US Court of Appeals on August 29. The court declared most of the tariffs introduced by the Trump administration illegal, while...