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Canadian Aluminum Route Changes: 80,000 Tons Arriving in Europe
Following the imposition by the United States of a 25% tariff on aluminum imported from Canada, a significant amount of material has been diverted to Europe. According to market sources, approximately 80,000 tons of Canadian aluminum will be shipped to the Old...
The New Era of European Military Spending and the Race for Critical Raw Materials
Europe is at the beginning of a new phase of defense spending expansion, driven by the urgency to strengthen its military capabilities, support Ukraine and reduce dependence on external suppliers, in particular on strategic raw materials controlled by third countries....
Italian Flat Stainless Steel Demand Down: May Marks Another Difficult Month
During May, demand for flat stainless steel in Italy continued to decline, according to various industry players. The domestic market is going through a particularly difficult phase, characterized by a mix of reduced sales volumes, downward pressure on prices and a...
Global copper market pressured by US tariff uncertainty, tight spot liquidity in Asia
Global copper markets continued to navigate uncertainty in the week ending Tuesday, May 20, dominated by concerns over US tariffs and “unexpected and unpredictable” conditions, according to multiple market sources. Spot trading in copper cathodes was limited in Asia,...