ArcelorMittal said the EU’s CBAM launch in January 2026 and TRQ changes in July 2026 are key first steps toward a fairer market for Europe’s low-carbon steel sector. However, it warned that rising imports of steel derivative products outside CBAM and TRQ coverage are weakening policy effectiveness, especially in electrical steels, automotive and packaging, and called for downstream products to be included."

A strike has commenced at JFR Moquegua in Peru, may cause immediate shipment delays for Anglo American’s Quellaveco and Grupo México. There is a growing risk that the strike action could escalate and spread to the Arequipa region, potentially disrupting operations at Matarani Port. If this occurs, shipments for other major mines—including Las Bambas, Cerro Verde, and Constancia—will face subsequent delays.

[India] Alang HMS (80:20) shipbreaking scrap held at around 400 USD/tonne EXW. In Gujarat’s Bhavnagar, billet fell to around 480 USD/tonne DAP, while rebar stayed near 539 USD/tonne EXW. In North India’s Mandi, billet slipped to around 502 USD/tonne DAP, rebar eased to around 558 USD/tonne EXW, and HMS scrap fell to around 413 USD/tonne DAP. Weak downstream demand kept mills buying only as needed, with prices likely to stay muted.

On 1 July 2026, the EU replaced the steel safeguard measures implemented since 2018 with a significantly stricter import quota system—this is not merely a continuation of the old policy, but a complete reconstruction of its underlying logic: the core objective has upgraded from "preventing trade diversion" to "targeted defense against high carbon and excess capacity."

Australian architectural firm Billard Leece Partnership (BLP) has completed the Wattle Building at The Children's Hospital at Westmead in Sydney. The 57,000-square-metre facility features a custom modular aluminium and terracotta façade, aluminium battens, high-performance glazing and energy-efficient building systems. The project combines sustainable aluminium architecture with child-friendly, biophilic design to create a modern healthcare environment focused on wellbeing and family-centred care.

Higher copper prices are accelerating the adoption of aluminum wiring across the automotive industry. Ferrari, BMW, Stellantis, Tesla, XPeng, Xiaomi and AVATR have expanded the use of aluminum conductors in selected vehicle models to reduce costs and vehicle weight. Aluminum costs about one-quarter as much as copper and weighs only around one-third as much, making it increasingly attractive for EVs. JPMorgan expects aluminum to replace about 6% of global copper demand by 2030 as material substitution accelerates.