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Germany: Bundesrat Supports Action Plan for Steel and Metals
The German Federal Council (Bundesrat), in its final session before the summer recess, approved a crucial motion proposed by the state of North Rhine-Westphalia. The text calls for the immediate implementation of the Action Plan for Steel and Metals, with the aim of...
Removal of the 15% EU Safeguard Quota Cap for Steel Sections Postponed
The European Union has officially notified the World Trade Organization (WTO) Committee on Safeguards that the removal of the 15% safeguard quota cap for steel sections will be postponed from July 1 to August 1, 2025. The postponement was necessary because time...
Global Zinc Premiums Stable, But Liquidity Rises in Europe
In the week ending Tuesday, July 15, zinc premiums in Europe remained unchanged, but several traders reported increased market liquidity. According to weekly valuations by Commodity Evolution, the premium for minimum 99.995% SHG zinc ingots, delivered-paid ex-works...
Brazil Alarmed by New US Tariffs: Pressure Grows for Agreement Before August
The Brazilian government convened a meeting on Tuesday, July 15, with key representatives of the national industry to analyze the impact of the new US tariffs announced by Washington. Among those present at the meeting was the Brazilian Aluminum Association (ABAL),...