Dear MMTA Members and colleagues, Welcome to your September and LME Week edition of the MMTA’s magazine, The Crucible. LME Week 2024 The LME Week 2024 kicks off on…
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CrucibleThe Crucible: May 2024Trade IssuesThe Nickel Market and Russia Sanctions — limited impact, turns focus to China
S&P Global Commodity Insights dives into the impact of the recent US and UK government sanctions on Russian-origin metal in the nickel market. In April 2024, the US and UK…
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CrucibleLegislation and RegulationResourcesThe Crucible: May 2024Trade IssuesTCG plenary session on 7 March 2024 – summary
The European Commission’s Trade Contact Group (TCG) met on 7 March and : i) discussed potential scenarios that may occur under new EU customs rules (if adopted); ii)(ii) updated the…
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Proposed EU Customs Reform Significantly Changes Approach to Customs Checks and Processes On May 17, 2023, the European Commission (Commission) presented a landmark proposal for the most ambitious reform…
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CrucibleLegislation and RegulationThe Crucible: February/March 2024Trade IssuesRussian Sanctions— EU 12th Package and UK updates
What the shipping industry should be aware of The European Union’s 12th package of sanctions against Rus-sia has come into force on 19 February 2024, following adop-tion by the European…
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CrucibleLegislation and RegulationResourcesThe Crucible: January 2023Trade IssuesLondon calling…. Pay now, argue later
“Pay now, argue later” clause survives legal challenge Upholding the terms of a partial final award of an arbitration tribunal, the English High Court has found* that a…
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CrucibleLegislation and RegulationThe Crucible: November 2022Trade IssuesMMTA Notice: UK Russian sanctions
Following UK sanctions placed on Russian businessman Iskander Makhmudov on 26 September, the MMTA has sought clarification from the Department for International Trade on implications for trading with the businessman’s…
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CrucibleLegislation and RegulationThe Crucible: November 2022Trade IssuesLondon calling… Exclusive remedy clause may prevent termination
Background K Line agreed to supply a minimum amount of business to JKL, who managed the import/export of K Line’s containers in the UK. Following a restructuring by K Line…
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CrucibleLegislation and RegulationResourcesThe Crucible: October 2022Trade IssuesMMTA notice: New UK Russia sanctions
On 26 September, the UK government placed new sanctions in connection with the war in Ukraine on several Russian businessmen “for supporting or obtaining benefit from the Government of Russia…
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CRM - Critical Raw MaterialsCrucibleLegislation and RegulationThe Crucible February/March 2018The Crucible: September 2022Trade IssuesNews in Brief
With high gas and electricity prices battering Europe, UK and EU governments announced winter support, including temporary caps on prices for domestic and business consumers. EU measures unveiled on…
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CRM - Critical Raw MaterialsCrucibleLegislation and RegulationResourcesThe Crucible: September 2022Trade IssuesITSCI and the Congo – a long look back
CPM Group is an independent commodities research, consulting, and investment banking advisory company headquartered in New York. In this analysis, CPM’s tantalum market experts Andrew Matheson and Patrick Stratton dig…
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CrucibleLegislation and RegulationResourcesThe Crucible: September 2022Trade IssuesWaste and RecyclingMMTA Note: Italy – radiometric checks on metals
It has come to the MMTA’s attention that some members have experienced delays this year in getting their metal shipments cleared through Italian customs as they required additional radiometric testing.…
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CrucibleLegislation and RegulationResourcesThe Crucible: September 2022Trade IssuesLondon calling… filling the interest gap
The Late Payment of Commercial Debts (Interest) Act 1998 implies a term into certain business contracts for the supply of goods and services so to allow a creditor a right…
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CRM - Critical Raw MaterialsCrucibleLegislation and RegulationSustainability and Resource ManagementThe Crucible: July/August 2022Trade IssuesWaste and RecyclingThe UK Critical Minerals Strategy
The UK government’s new Critical Minerals Strategy aims to safeguard the UK’s supply security for critical raw materials. The strategy will be informed by the newly set up Critical Minerals…
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CRM - Critical Raw MaterialsCrucibleLegislation and RegulationSustainability and Resource ManagementThe Crucible: July/August 2022Trade IssuesNews in Brief
To the Moon and back Further to June’s space exploration highlights, August saw NASA readying its Artemis Moon mission for launch. The Space Launch System rocket pictured here will send…
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CRM - Critical Raw MaterialsCrucibleLegislation and RegulationSustainability and Resource ManagementThe Crucible: June 2022Trade IssuesNews in brief
3D printing, lithium power NASA’s Moon mission As this edition was going to press, NASA launched its CAPSTONE satellite to the Moon. This is the first step of…
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CrucibleLegislation and RegulationThe Crucible: June 2022Trade IssuesUncategorizedREACH in a post-Brexit United Kingdom
by REACHReady Following the departure of Great Britain from the EU and with the end of the transition period on 31 December 2020, EU chemicals regulations such as REACH, the…
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CRM - Critical Raw MaterialsCrucibleLegislation and RegulationResourcesSustainability and Resource ManagementThe Crucible: June 2022Trade IssuesSecuring magnesium is an EU priority: EIT Summit
Securing stable magnesium supply has become a priority for policymakers after an acute shortage of material in late 2021, panellists said at the EIT Raw Materials Summit in Berlin. “To…
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CRM - Critical Raw MaterialsCrucibleMinor Metals and ApplicationsSustainability and Resource ManagementThe Crucible: May 2022Trade IssuesWaste and RecyclingMinor metal supply chains – challenges and opportunities
Global minor metal supply chains are currently grappling with a multitude of issues. Covid-19, war in Ukraine, climate change and net zero targets, and inflation, have all converged in 2022.…
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CrucibleLegislation and RegulationThe Crucible: May 2022Trade IssuesLondon calling… Advance payment returnable on force majeure…
New Stream entered into a contract to sell diesel to Nord Naphtha. New Stream later gave notification of a force majeure event and eventually Nord terminated the contract due to…
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CrucibleLegislation and RegulationThe Crucible: April 2022Trade IssuesTrade Contact Group on Ukraine/Russia measures
Detailed minutes: Trade Contact Group – ad hoc meeting related to Ukraine/Russia The Commission and the EU Delegation to Russia announced the following points: The EU has put in…
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