In early June xxxx, the United States implemented a major policy change by raising steel and aluminum import duties by xxx under Section xxx, which had an impact on the international Petroleum Coke and metals markets. The goal of this strategy was to safeguard American industry and bolster national security, but it swiftly permeated the Petroleum Coke market, especially with regard to Calcined Petroleum Coke (CPC), which is utilized in the production of steel and aluminum.
Petroleum Coke FOB prices in the United States remained stable at USD xxx/tonne in June xxxx, bolstered by robust domestic demand from smelters and infrastructure projects. However, recently implemented xxx tariffs on aluminum and steel caused container shortages and port congestion, which put pressure on exports, particularly to far-off regions like Southeast Asia.
It had a significant effect across Europe. High feedstock...
