Agriculture, Energy and Metal Information
The U.S.-Canada trade war intensified this week as President Donald Trump briefly doubled metals tariffs to 50% before backtracking hours later, injecting fresh uncertainty into financial markets. The abrupt reversal followed Ontario Premier Doug Ford’s threat to impose a 25% surcharge on electricity exports to the U.S.—a move suspended after Trump reverted to previously planned […]
Copper prices fell on Monday, pressured by concerns that U.S. tariffs and slowing global growth could dampen demand for industrial metals. The decline followed a brief rally after President Donald Trump temporarily exempted automakers from tariffs on Canadian and Mexican imports. Market sentiment remains fragile as investors weigh the dual threats of trade tensions and […]
The Trump administration is drafting plans to establish critical mineral refining facilities on U.S. military bases as part of an executive order aimed at reducing reliance on China and bolstering domestic production, according to senior officials. The initiative, which could be finalized this week, would leverage the Pentagon’s 30 million acres of land to bypass […]
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 […]