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U.S. Aluminum Scrap Market Remains Sluggish Amid Regulatory Uncertainty and Summer Slowness
The U.S. aluminum scrap market continued to experience subdued activity in the week ending Thursday, July 17, reflecting the typical summer slowdown and lingering uncertainty over tariff policies. Several sources confirmed that prices remained largely unchanged, with...
Base Metals Rise Sharply on the SHFE: Zinc Leads Recovery
On Monday, July 21, prices of all base metals traded on the Shanghai Futures Exchange (SHFE) rose sharply during morning trading, supported by macroeconomic optimism and signs of geopolitical easing. Of all base metals, zinc led the rise, posting the sharpest...
Vietnam Introduces 2% Duty on HDPE and LLDPE to Support Local Producer LSP
In a strategic effort to strengthen its domestic petrochemical industry, the Vietnamese government has introduced a 2% import duty on two key types of polyethylene: HDPE (high-density polyethylene) and LLDPE (linear low-density polyethylene). The measure took effect...
BHP Reports Record Copper Production: Surpasses 2 Million Tons in 2025
Mining giant BHP reported record copper production of 2.02 million tons in fiscal year 2025 (July 1, 2024, to June 30, 2025), marking an 8% increase over the previous year, when production stood at 1.87 million tons. The production leap was driven primarily by the...