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Aluminium: US extruders warn of consequences of Mexico’s lifting of tariffs
The Aluminium Extruders Council warned on 13 May that Mexico's recent lifting of tariffs on raw aluminium imports could have negative consequences for the US aluminium extrusion industry, even if Mexico's direct tariffs on extruded products remain in place. While the...
Copper: the impact of rising prices on the construction industry
The recent increase in copper prices could pose a significant challenge to the construction sector and the copper market. The main factors behind the price increase are the expected supply and demand imbalances and the recent LME and CME ban on Russian copper. As...
HRC steel: European prices stable in a weak market
Prices for steel, hot rolled coil (HRC), remained largely unchanged in Europe on 10 May, while trading activity in the market remained weak. Distributors avoided stockpiling, limiting replenishment to the bare minimum, as they were uncertain about the sustainability...
Metal Scrap: supply in the EU – economic independence critical
The EU's failure to classify scrap as a critical raw material (CRM) is surprising, as the EU's scrap surplus is likely to turn into a deficit soon due to the transformation of steel producers into EAF. However, the list is subject to revision and scrap may soon be...