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The Democratic Republic of Congo’s (DRC) move to extend its export window for cobalt quotas has been viewed as potentially easing supply tightness, although the immediate market reaction has been limited.
The European Commission published the first-quarter 2026 Carbon Border Adjustment Mechanism (CBAM) certificate price on Tuesday April 7, applicable to all CBAM-eligible goods imported into the EU in January-March 2026.
Automakers are expected to play a pivotal role in driving early demand for low and near-zero-emissions flat steel in Europe
The ongoing conflict in the Middle East has had a pronounced impact on the packaging industry across the GCC region, sending March containerboard prices and demand soaring. With shipping routes disrupted and fuel costs climbing, packaging producers are facing considerable logistical hurdles. As import delays persist, Saudi Arabia has seen a surge in containerboard demand, with orders increasingly redirected to local mills. Meanwhile, UAE fuel prices have jumped by 72%, though Saudi prices have remained stable despite volatility in global oil markets.
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