Commodity Update Archives

Commodity Update – December 2025

Copper miners and smelters negotiate fees, U.S. aluminum faces high energy costs, steelmakers cut jobs and PVC suppliers push for price hikes.

Copper faces intense supply outlook, aluminum industry calls for USMCA unity, and steel demand looks modest for 2026.

Two of the world’s largest copper mines cut sales forecasts, triggering lower copper supply and higher prices.

Copper climbs, aluminum pivots, steel expands and PVC stretches, but not without hurdles.

Midwest Premium aluminum prices jumped post-tariff, with impacts looming for automobiles and construction sectors.

The United States ramps up metal tariffs while trading partners push to negotiate deals.

The aluminum and steel markets are reacting to new 50% tariffs while copper mining’s environmental and social challenges collide.

New forecasts challenge the metals narrative, revealing unexpected shifts in demand across global markets.

Price hikes in the first quarter of 2025 raise questions: Is this the start of a market reset or of more instability?

Recent tariffs are driving a wedge between raw material buyers and producers.