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Global aluminium producer Alcoa has already diverted 100,000 tonnes of Canadian metal away from the US market in response to uncertainty about import tariffs with trade measures continuing to upend traditional trade flows and pushing the company to rethink its global supply strategy, its chief executive officer said.
In a move received with optimism from industry experts, the One Big Beautiful Bill allocates billions in federal funding to bolster the US critical minerals sector through multiple venues, signaling strong government support for domestic production and supply chain resilience. Market participants expect the demand effect from the introduction of timelines on 45X and repealing of 30D credits to be limited.
Fastmarkets, a leading cross-commodity price reporting agency (PRA), has successfully completed its annual independent assurance review conducted by BDO, confirming alignment with the International Organization of Securities Commissions (IOSCO) Principles for Oil Price Reporting Agencies as of June 30, 2025. The review evaluated Fastmarkets’ key price assessments and indices across metals and mining, forest products, […]
US vegetable oil trading in the cash market was extraordinarily quiet to start the new week on Monday July 7. The market got off to a slow start as market sources returned to their desks following the passage of “One, Big, Beautiful Bill” on Thursday July 3, with key updates to the 45Z Clean Fuel Production Credit (CFPC).
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