Global Aluminum Sheet markets experienced divergent trends driven by trade policy disruptions and regional demand shifts. Chinese exporters benefited from strong Southeast Asian demand despite domestic oversupply, while U.S. markets faced severe cost inflation from doubled tariffs. South Korean producers navigated domestic construction collapse through strategic export redirection to Thailand and regional markets.
Key Takeaways:
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China FOB Shanghai: Aluminum Sheet prices rose 3% to USD 3,028/MT, driven by robust export demand from UAE, Taiwan, and Thailand despite domestic oversupply
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USA CFR New York: Aluminum Sheet prices surged 6% to USD 5,607/MT due to doubled Section 232 tariffs creating artificial supply scarcity
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South Korea FOB...
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility.
Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.
