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New Chinese Restrictions on Export of Strategic Metals
In a move that marks a further escalation of trade tensions with the United States, China on Tuesday announced a series of export restrictions on five metals critical to defense, clean energy and several other strategic industries. The measure was made public minutes...
Impact of U.S. Duties on Canada, Mexico and China: Implications for the Aluminum Market
Today the additional duties imposed by the United States on aluminum imports officially take effect: 25 percent on Canada and Mexico and 10 percent on China. This decision has already sparked intense debate among industry experts and leaders, with predictions about...
The First Sparks in the Trade Wars of 2025: A Beginning of Great Impact
The first concrete measures of the 2025 trade war have officially been launched. President Trump, fulfilling his promises to increase tariffs on imports from Canada and Mexico as soon as possible, decided to use the International Emergency Economic Powers Act (IEEPA),...
Scrap and Steel Market Trends in Turkey
According to data provided by the Turkish Statistical Institute (TurkStat), Turkey's scrap imports have experienced significant growth. In December last year, the volume of imports reached 1.86 million tons, marking an increase of 5.6 percent on a monthly basis and...