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50% Tariffs, Canada Responds To The United States And The Trade War Hits Steel And Aluminium
The trade confrontation between Canada and the United States has entered a phase of rapid escalation. Starting on September 8, Ottawa will apply 50% tariffs to a broad range of steel and aluminium products imported from the United States, doubling the 25% rates...
European Nickel, The 4×4 Cathode Premium Falls While The LME Continues To Rise
The European physical nickel market showed two opposing dynamics during the latest week. The premium for cathodes cut into the 4x4 format declined significantly in Rotterdam, penalized by weak demand in the latter part of the summer holiday season, while premiums for...
Zinc Stands Out In Shanghai, Concentrate Scarcity Fuels The Rise
The Chinese base-metals market opened the session on Thursday August 27 without a uniform direction, but with a clearly defined protagonist. Zinc recorded the largest increase in the entire complex on the Shanghai Futures Exchange, supported by persistent tensions in...
US-Canada Auto Tariffs, The USMCA Cushions The Blow But The Supply Chain Remains Exposed
The 50% tariff on Canadian automotive imports proposed by US President Donald Trump, with entry into force indicated for January 1, 2027, could profoundly modify North American production flows. In the short term, however, the impact should be mitigated by the...