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Stability in the Prices of Scrap Aluminum And Secondary Alloys
In the week to Thursday, March 27, prices of foundry-grade and rolled aluminum scrap, as well as those of secondary aluminum alloys, remained mostly stable. According to industry sources, market activity has been rather quiet, aided by lingering uncertainty and the...
Concerns about Duties on US Copper Imports Continue to Affect Asian Markets
Concerns about duties on copper imports imposed by the US continue to influence Asian copper markets, pushing premiums higher. Meanwhile, the US market remains cautious, with traders waiting for more concrete developments on the trade issue. During the week ending...
Stability of the Italian Steel Rebar Market
The Italian market for steel rebar continues to be stable, with no significant changes compared to last week. Demand, while not particularly weak, is not showing the necessary momentum to support any price increases. Several traders are reporting regular business...
A Turn in American Trade Policy
On 25 March, US President Donald Trump announced a new measure destined to shake up the global automotive industry: the imposition of a 25 per cent tariff on all cars and light trucks imported into the US as of 2 April. This will be followed on 3 May by a similar tax...