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Europe’s Steel and Aluminum Crisis: Between U.S. Duties, Global Overcapacity and Falling Production
The U.S. decision to impose an additional 25 percent duty on steel and aluminum imports from the European Union has triggered concerned reactions from European institutions and industry representatives. European Commission President Ursula von der Leyen expressed her...
Aluminum Can Recycling in Europe: Total Volume Grows, but Percentage Rate Drops Slightly
According to the latest report published by Metal Packaging Europe and European Aluminium, the total recycling rate of aluminum beverage cans in the European Union, the United Kingdom, Switzerland, Norway and Iceland reached 75 percent (74.6 percent) in 2022. Although...
Trump’s Trade Tightening: Duties, De Minimis and Global Market Impacts
U.S. President Donald Trump signed an executive order on Feb. 1, imposing a 10 percent duty on all imports from China and revoking the de minimis exemption for low-value goods. However, just four days later, he temporarily reinstated the exemption, allowing U.S....
Nornickel Launches Negotiations for a Joint Venture in China: Investment Prospects and Global Challenges Strategic Plans for the Future
Russian multinational Nornickel, among the largest producers of refined nickel and palladium globally, has announced that it is in advanced talks to establish a joint venture in China. The project, which could include significant investments, is part of preliminary...