Loading
Semi-Finished Steel on Hold: Between Stagnant Billets and Pig Iron Under Pressure from US Tariffs
The international steel billet market is experiencing a prolonged standstill, with minimal trading volumes and a general cautious attitude. According to industry sources, demand has virtually disappeared, as most buyers—especially European ones—have already placed...
China’s Alumina Arbitrage Window Opens: Cheaper Imports and More Dynamic Trade in Asia-Pacific
According to calculations by Commodity Evolution, between July 10 and 24, alumina import margins in China returned to breakeven, thus reopening the arbitrage window between the domestic and international markets. This development has generated greater liquidity in...
Brazil Partially Exempted from New US Aluminum Tariffs: Risk of Systemic Damage Remains
The United States has exempted imports of alumina and primary aluminum from Brazil from the new tariffs, which will be applied starting August 6, 2025. This was confirmed with an executive order published on July 30, stating that these products will not be subject to...
Westwin Elements Signs $1.7 Billion Nickel Agreements: First US Class 1 Refinery Opens
US-based Westwin Elements, set to become the first major nickel refinery in the United States, announced the signing of two multi-year offtake agreements with global metals trading giant Traxys, worth a total of more than $1.4 billion. The seven-year agreements...