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Scrap Market Tension: European Domestic Demand Slows, While High-Quality Material Prices Surpass Primary
The European primary and secondary foundry alloys industry slowed its purchases of aluminum scrap in June 2025, as a persistent supply squeeze pushed the prices of high-quality material even above those of primary aluminum. This anomalous situation is putting further...
6063 Aluminum Billet Premiums Rise in U.S. and Europe, But Down in Asia
6063 aluminum billet premiums delivered to the U.S. Midwest increased sharply in the month ending Friday, June 27, driven by a tight supply environment. A major contributor to this was the recent U.S. decision to impose a 50% tariff on all aluminum products from...
Alumina Prices Fall in Australia, China Stalls Amid Geopolitical Concerns and Overproduction
Spot prices for Australian-sourced alumina fell significantly during the week ending Thursday, June 26, while prices in the domestic Chinese market were unchanged. According to several market participants, the fob Australia alumina index fell to $358.98 per tonne,...
European Polypropylene Prices Slightly Decline on Lower Oil Prices and Sluggish Demand
Spot prices for polypropylene (PP) in Europe have seen a slight decline over the past week. The main reason for this was weak crude oil prices, which dampened expectations of a possible price increase along the petrochemicals supply chain. During the week,...