Industrial metals experienced a powerful rally on February 24, 2026, as Chinese markets reopened following the nine-day Lunar New Year holiday. Investors and commodity traders returned to their desks to find a significantly altered trade landscape, catalyzed by a landmark U.S. legal decision that promises to lower the cost
The American industrial landscape reached a historic inflection point this week as the US Midwest Premium for aluminum surged to a staggering $2,182 per tonne, surpassing the psychological $1-per-pound threshold for the first time in history. This unprecedented spike, driven by the aggressive 50% import tariffs under Section 232,
LONDON — February 23, 2026 — Silver prices have staged a dramatic recovery to $86 per ounce this week, marking a pivotal moment in the precious metals market as the traditional "gold-silver ratio" continues its aggressive contraction. After a volatile start to the year, silver is once again outperforming its yellow counterpart
In a landmark decision that has sent shockwaves through the global trade community, the U.S. Supreme Court ruled 6-3 today, February 20, 2026, to invalidate a sweeping regime of tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The ruling in Learning Resources, Inc. v. Trump effectively strips
In a historic 6-3 decision that reshaped the landscape of American trade policy, the U.S. Supreme Court on February 20, 2026, struck down the sweeping "emergency" tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA). The ruling in Learning Resources Inc. v. Trump declared
In a landmark decision that has sent shockwaves through Washington and jubilant rallies across global financial markets, the United States Supreme Court ruled 6-3 today that President Donald Trump exceeded his legal authority in imposing sweeping "reciprocal tariffs" under the International Emergency Economic Powers Act (IEEPA). The ruling in Learning
As of January 1, 2026, the global aluminum trade has entered a transformative new era. The European Union’s Carbon Border Adjustment Mechanism (CBAM) has officially transitioned from a three-year "transitional reporting phase" into its definitive "levy phase," effectively imposing the world’s first major carbon tax on imports. For
As of mid-February 2026, the global aluminum market is caught in a high-stakes tug-of-war between speculative policy shifts and cold, hard physical scarcity. Despite recent whispers from Washington suggesting a potential rollback of the aggressive Section 232 tariffs, aluminum prices have refused to retreat, holding firm above the $3,100
The global industrial landscape is witnessing an unexpected divergence as aluminum prices surged 5.7% in early February 2026, defying the consolidation seen in other base metals like nickel and zinc. This rally, which pushed prices on the London Metal Exchange (LME) past the critical $3,000 per tonne threshold,
As of January 2026, the European aluminum market is grappling with a structural "supply-side squeeze" that has pushed the recycling sector to the brink of a historic transformation. A severe shortage of aluminum scrap across the continent has decoupled secondary metal prices from global primary benchmarks, driving secondary ingot prices
Industrial markets reached a major inflection point this week as aluminum prices surged to a fresh multi-year peak, driven by a perfect storm of tightening global supply and a plummeting U.S. currency. On January 28, 2026, the light metal hit $3,289.55 per tonne on the London Metal
As of January 1, 2026, the European Union has officially entered the "definitive phase" of its Carbon Border Adjustment Mechanism (CBAM), ending the era of carbon-free imports for energy-intensive commodities. For the first time, importers of steel, aluminium, cement, electricity, fertilizers, and hydrogen must account for the carbon footprint of
As of January 27, 2026, the European aluminum market has entered a period of intense volatility, with prices for aluminum scrap and secondary ingots surging to multi-year highs. This "supply-side squeeze" is being driven by a perfect storm of factors: a structural shortage of domestic scrap generation, an industrial downturn
Alcoa’s management sees higher alumina production in 2026 driven by productivity gains, even as China's supply dynamics and pricing pressure remain a near-term overhang.
The global commodities market has reached a historic inflection point as of January 2026, with industrial manufacturers aggressively pivoting from copper to aluminum. This shift is no longer a matter of marginal cost-saving; it has become a structural necessity as the copper-to-aluminum price ratio has surged past 4.2, a
As of mid-January 2026, the global aluminum market is witnessing a profound transformation in South America, driven by the near-total operational collapse of Venezuela’s state-owned smelting sector. Following the dramatic geopolitical shift on January 3, 2026, which saw the capture of Nicolás Maduro by U.S. forces, the Venezuelan
As of mid-January 2026, the global aluminum market is gripped by a structural "price squeeze" that has sent shockwaves through industrial supply chains. While the broader equity markets have seen a steady start to the year, aluminum has surged ahead, outperforming the S&P 500 by a significant margin. Trading
