European Union Aluminum
- Duty-paid Rotterdam P1020A premiums increased to $490–520/t.
- Prompt availability remained tight.
- US-Canada tariff uncertainty encouraged suppliers to hold material.
- European recyclers renewed calls for unrestricted aluminium scrap trade.
- Possible EU scrap-export restrictions created uncertainty.
Germany and Europe Copper Cathode
- Delivered-Germany copper cathode premiums remained at $250–300/t.
- Availability outside the US tightened as copper moved toward the American market.
- European spot demand remained insufficient to fully explain the record exchange price.
Direction: Tight availability but questionable physical demand.
European Union Tin
- Standard Rotterdam tin premium: $900–950/t.
- Low-lead Rotterdam tin premium: $1,000–1,100/t.
- Asia-to-Northern Europe container freight reached approximately $5,009 per 40-foot container.
- EU tin imports fell 16.6% year on year during the first half.
- Longer transit routes increased financing and insurance costs.
