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Metra North America Is Born: Merger of Three Aluminum Extrusion Manufacturers
On August 20, the creation of Metra North America was announced, a new industrial entity resulting from the merger of three companies: Extruded Aluminum, Profile Custom Extrusions, and Metra Canada. The new entity, which will be headquartered in Belding, Michigan...
New US-EU Trade Framework: Autos, Steel, and Aluminum at the Center of the Agreement
The United States and the European Union have announced a new trade framework that confirms, at least for the time being, the maintenance of the 27.5% tariff on European cars exported to the US. However, according to a statement released by the White House on...
Indonesia: New Crackdown on Illegal Mining and Expected Impact on Nickel and Tin
Indonesian President Prabowo Subianto, in his first address to the nation on August 15, announced his intention to continue and strengthen the fight against illegal mining in the archipelago. The government has received reports of 1,063 active illegal mines, although...
Copper Premiums: Decline in the United States and Europe, Rises in Asia
In Southeast Asia, premiums for Grade A copper cathodes recorded a further increase in the week ending Tuesday, August 19. The market was supported by the temporary closure of the PT Smelting smelter in Gresik, Indonesia, which reduced available supply and stimulated...