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Trump's 50% Tariff Hike on Brazil Also Unsustainable for the U.S.
Experts say Brazilian products play a strategic role in U.S. supply chains and consumer marketsLooking at the overall numbers, the Brazil-U.S. trade balance shows a strong surplus in America’s favor. The U.S. is Brazil’s second-largest export market, taking in 12%... Read more
USA,Tarifa › US tariffs pose threat to Brazil’s mining, steel
The US decision to impose a 50% tariff on Brazilian products potentially will have a significant operational impact on the country’s mining and steel sectors, according to the Instituto Aço Brasil (IAB) and the Brazilian Mining Institute (Ibram).Marco Polo de... Read more
Brazil,USA,Tariffs › Brazil's Drop In Key Exports To The United States: What Happened And Why It Matters
Official figures from Brazil's Ministry of Development, Industry, Trade and Services reveal a new strain in the US-Brazil trade relationship.In May 2025, Brazil's exports to the United States totaled $3.61 billion, an 11.5% increase from the previous year.But this headline... Read more
Brazil,Pig Iron › Brazil: Iron ore exports rise 10% y-o-y in Jun'25
Brazil's iron ore exports increased 10% y-o-y to 36.3 mnt in Jun'25, compared to 33 mnt in Jun'24, as per customs data.Shipments rose by 3.4% m-o-m to 36.3 mnt against 35.1 mnt in May.Average export prices fell to $63.7/t FOB... Read more
China,Aluminium › Overview of China's aluminium production in June 2025 and forecast for July
According to SMM statistics, domestic aluminium production in June 2025 (30 days) increased by 1.57 per cent Y-o-Y and decreased by 3.23 per cent M-o-M. The operating capacity of domestic aluminium in June saw a slight M-o-M change. SMM learned that... Read more
India,USA,Tariffs,Aluminum › ‘Nail in a coffin’: Trump’s steel, aluminum tariffs bleed Indian foundries
The small ancillary units that depend on steel and aluminium exporters for their income are especially hard hit.Kolkata, India — For the past several years, the United States has been a major market for Aditya Garodia to export more than 100... Read more
AluChem,India › India’s Hindalco to acquire US alumina maker AluChem
Indian metal firm Hindalco has acquired a full stake in US-based alumina producer AluChem for $125mn, it announced on 24 June.Aditya, Hindalco's wholly owned subsidiary, will carry out the acquisition. The transaction is expected to close in the third quarter,... Read more
Iron Ore › Global iron ore market: 2025 outlook
The global iron ore market, a pivotal component of the steelmaking industry, has historically been driven by simple supply and demand dynamics. However, steel trade tariffs, trade wars and a growing trend toward resource nationalism are reshaping this once-basic industrial... Read more
Steel,USA › Nippon Steel to Invest $11 Billion as Part of U.S. Steel Purchase
Nippon Steel Corp. and U.S. Steel Corp. have finalized a partnership about half a year after a $15 billion deal was scuttled by the American government. The $15 billion purchase closed Wednesday with Nippon Steel buying 100% of U.S. Steel shares for $55... Read more
UK › UK government urged to Back British Metals
A powerful new campaign, Back British Metals, has launched with a direct call to the UK government: ensure metals are recognised as strategically essential in the forthcoming UK Industrial Strategy and Critical Minerals Strategy. Building on the recent government intervention to safeguard... Read more
