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Base Metal Prices Decline on the SHFE: Tin Leads the Decline
During the morning of Thursday, July 17, most base metals listed on the Shanghai Futures Exchange (SHFE) recorded a decline in prices. Leading the decline was tin, which suffered the largest decline of all contracts observed. The session opened on a negative note for...
Canada Takes Action to Protect Domestic Steel: New Tariffs and Quotas Coming
The Canadian government has announced an unprecedented package of trade measures to protect the domestic steel industry from growing international competition and the effects of US tariffs on steel and aluminum. The announcement was made on Wednesday, July 16, by...
Global Aluminum Premiums on the Move: Opposite Directions Across Continents and Looming Tariffs
In the week ending Tuesday, July 15, premiums for primary aluminum P1020A showed diverging trends globally. Amid weak demand in Asia and Europe, new US tariffs, geopolitical tensions, and declining inventories impacted markets unevenly. In Japan, premiums...
EGA and Brembo Sign Strengthened Agreement for the Supply of Low-Emissions Aluminum
Emirates Global Aluminium (EGA) announced a new agreement with Italian company Brembo to increase the supply of its low-emissions primary aluminum, CelestiAL, produced entirely using solar energy. The agreement was announced by EGA on Monday, July 14. This represents...