Despite a few hiccups and occasional worries of oversupply, the global bauxite market has been growing steadily. Much of this expansion has been fueled by rising demand in the aluminum market, especially from automotive, aerospace and renewable energy sectors. About 60% of EV manufacturers and over 70% of aerospace materials use aluminum in one form […]
Sohrab Darabshaw
China vs. Canada: Steel Showdown Heads to the WTO
China’s decision to file a complaint in the World Trade Organization against Canadian tariffs and the steel tariff rate quota has re-focused the spotlight on what many have dubbed an “already-strained trade relationship” between the two countries. A few years ago, both nations resorted to tit-for-tat measures, including tariffs on everything from canola to electric […]
Critical Metals in the Spotlight as Gallium Takes Center Stage in Global Tech Push
Australia may well emerge as one of the few non-China sources for the supply of gallium metal, a valuable mineral used in electronics, LEDs and semiconductors. In a move toward critical mineral diversification, Alcoa of Australia recently reported that it had signed a Joint Development Agreement with Japan Australia Gallium Associates Pty Ltd (JAGA) to […]
Aluminum Prices Continue to Hold Steady Amid Global Supply Constraints and Infrastructure Push
Recent movements in aluminum prices show the metal holding strong despite global economic shifts and region-specific challenges in extraction and refining operations. On July 25, aluminum prices on the London Metal Exchange climbed to a four-month high, ending the week at US $2,656.5 and US $2,657 per ton, an increase of $10.5 or 0.39%. According […]
Canada Slaps Higher Tariffs on Chinese Steel, Beijing Decries Move
Canada has joined the growing list of countries imposing tariffs on steel imports from China. Late last week, Canadian Prime Minister Mark Carney unveiled a comprehensive strategy to curb the influx of low-cost steel into Canada, with a focus on Chinese material. Like other countries, the main reason for the steel tariffs is to shield […]
Can China’s Steel Rally Outrun Its Struggling Property Market?
In the end, China exceeded market expectations, posting a 5.2% year-on-year growth on July 14 compared to the market forecast of 5%. According to the economic data released by the National Bureau of Statistics, strong trade and industrial production helped to propel growth, indicating that China has braved the tariff war unleashed by the United […]
China Doubles Down in Africa for Copper While India Quietly Makes Its Move
Both China and India are now jostling for exploration and mining rights across the African continent. Over the last decade, China has rapidly expanded its presence in Africa’s growing copper market, securing critical mineral supplies to fuel its green energy ambitions. With copper demand surging globally due to the growth of electric vehicles, renewable energy, […]
Steel Wars: China Floods Russia with Cheap Metal as Sanctions Cripple Kremlin Mills
Ongoing geopolitical conflicts, including one active war, combined with market instability, declining steel demand in certain global regions and a rise in protective tariffs on exporting nations, have all come together to force some steel-producing countries, including China, to reassess and refocus their steel industry supply chains. Faced with weak domestic steel demand due to […]
Will Australia’s $6 Trillion Iron Ore Find Reshape Global Markets?
An abundance of high-quality iron ore and the recent discovery of a 55 billion metric ton reserve have pushed Western Australia into the top spot as the world’s leading iron ore supplier. Now, many are wondering what effects this might have on the country’s export markets as well as global iron ore prices. Protect your […]
Is Russia About to Hijack the Western Hemisphere’s Energy Game from Right Under the U.S.’ Nose?
Amidst the tariff wars, are we about to see the birth of new energy dynamics in the Americas? A few days ago, Russia offered to supply liquefied natural gas to the United States’ neighbor, Mexico. Because of the strategic, economic and geopolitical implications, the move quickly made sector analysts sit up and take note Media […]