Europe: Copper Prices Decline as Arbitrage with the United States Ends
In the pricing session ending Tuesday, July 22, copper prices in Europe fell, responding to reduced demand and the end of the ability to export cathodes to the United States before the 50% tariff imposed by the Trump administration takes effect on August 1. Cathode...
Rising Aluminum Prices Boost Norsk Hydro’s Results
Rising aluminum prices in the second quarter of 2025 boosted Norwegian producer Norsk Hydro's financial results, although some of the gains were offset by declining alumina prices. The company announced this in a statement released on Tuesday, July 22. Norsk Hydro...
Historic Agreement Between the United States and Japan on Reciprocal Tariffs
The United States and Japan have reached a trade agreement that sets a reciprocal tariff of 15%, US President Donald Trump announced on Tuesday, July 22. The agreement represents a significant easing of trade tensions between the two allies and marks a step forward...
European Nickel Premiums Decline and Tighten in July
Nickel premiums in Europe declined and tightened during the week ending Tuesday, July 22, amid a flat spot market, according to several industry sources. The trend reflects a weak demand and ample supply environment, which negatively impacted market participants'...
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