Agriculture, Energy and Metal Information
Gold prices edged lower on Friday but remained on track for a weekly gain, supported by safe-haven demand and weaker-than-expected U.S. job growth in February, which reinforced expectations of Federal Reserve rate cuts later this year.Despite the daily decline, bullion has risen approximately 1.7% this week, buoyed by market uncertainty stemming from U.S. President Donald […]
Mexico aims to significantly increase the share of compliant exports to the U.S. under the U.S.-Mexico-Canada Agreement (USMCA) in the coming weeks, following Washington’s decision to pause tariffs on Mexican shipments that meet the trade pact’s rules. Economy Minister Marcelo Ebrard announced on Friday that over half of Mexico’s exports to the U.S. currently comply […]
China has announced plans to reduce steel output as part of a broader effort to restructure its massive steel industry and address overcapacity, a move that could ease global trade tensions sparked by the flood of cheap Chinese steel exports. While the government did not specify the scale of the cuts, the announcement marks a […]
Price premiums for aluminum in the U.S. physical market have surged to record highs as buyers brace for the reinstatement of 25% tariffs on aluminum imports starting March 12. The tariffs, part of President Donald Trump’s trade policy, have already taken effect for imports from Mexico and Canada, further tightening supply in a market heavily […]
The European Commission is intensifying efforts to safeguard the future of the EU steel industry as it faces mounting challenges, including high energy costs, decarbonization pressures, and the looming threat of U.S. tariffs. On Tuesday, European Commission President Ursula von der Leyen hosted a high-level meeting with steel sector executives to discuss strategies for ensuring […]
The U.S. and Ukraine are moving forward with plans to sign a minerals deal, despite a contentious Oval Office meeting last week that led to Ukrainian President Volodymyr Zelenskiy’s abrupt departure from the White House, according to sources familiar with the situation. The deal, which had been put on hold following the meeting, is now […]
Canada will extend its mineral exploration tax credit for two more years to support investment in exploration projects and strengthen the mining sector, Natural Resources Minister Jonathan Wilkinson announced on Sunday. The tax credit, which offers investors a 15% incentive to invest in flow-through shares of smaller mining companies, was set to expire on March […]
Critical minerals are taking center stage in global politics, as nations scramble to secure supplies essential for advanced technologies, military applications, and the green energy transition. Ukrainian President Volodymyr Zelenskiy’s upcoming meeting with U.S. President Donald Trump to sign a critical minerals deal underscores this shift, marking a new era where metals replace oil as […]
New U.S. steel tariffs, set to take effect on March 12, are poised to disrupt a multi-billion-dollar transshipment trade that has allowed Chinese steel to reach the U.S. market via third countries. This move threatens to intensify global competition and deal a significant blow to China’s already struggling steel sector. Since U.S. trade barriers in […]
Analysts warn that proposed U.S. tariffs on copper imports could have severe repercussions for the domestic industrial sector, leading to increased costs and a slowdown in industrial activity. President Donald Trump initiated a probe into these tariffs, claiming they are essential for revitalizing U.S. copper production. Key Highlights:Impact on Prices: Following the announcement, U.S. copper […]