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Trade Relations In Recovery: 90-Day Truce Between U.S. And China Boosts Trade And Market Confidence
As of May 14, the world's two largest economies-the United States and China-officially suspended for 90 days all additional tariffs imposed from April 2 onward, returning to the previous structure with reciprocal duties at 10 percent on most exports. This joint...
Premiums Down For Primary Foundry Alloys In Europe, Stable In U.S.
In the month ended Friday, May 9, premiums for primary foundry alloys (PFA) with 7 percent silicon fell further in Europe amid weak demand and new supply that put downward pressure on market levels. The premium for PFA delivered ex-factory in Germany (DDP Germany) was...
Weak demand and aggressive bidding depress HDPE prices in Europe
Over the past week, the European high-density polyethylene (HDPE) market experienced an across-the-board decline in prices, particularly in the spot segments, due to a mix of negative factors: shrinking final demand, limited trade, a work week shortened by holidays,...
Europe Prepares For Trade Retaliation Against U.S.: Consultations On 95 Billion Goods Started
The European Commission has officially launched a phase of public consultations aimed at preparing a detailed list of products subject to trade retaliation measures against the United States. This initiative comes amid the still unresolved tensions between Brussels...