U.S. and Chinese tariffs weigh on copper prices
As 2025 approaches, copper prices are expected to face significant challenges as additional U.S. trade tariffs imposed by the Trump administration and uncertainty about the Chinese economy severely impact consumption and price expectations. Citigroup said it expects copper prices to average US$8,750 per ton in 2025, down significantly from its previous forecast of US$10,250 per ton. Analysts pointed to restrictive monetary conditions in advanced economies and reduced policy support for electric vehicles as factors that have delayed the recovery of global manufacturing activity until after 2025. Also read: The best copper import markets in the world The London Metal Exchange reported that copper in Shanghai was trading at $9,100.50 a ton, down 20% from a record high in May, due to lower demand from China and a stronger dollar. Despite the potential for fiscal stimulus from Asia's largest economy, President-elect Donald Trump's intention to impose a 60% tariff on imports from China and impose additional tariffs on goods from other…
The new generation Suzuki Alto will make its global debut in 2026 and will weigh 100 kilograms
Next-generation Suzuki Alto will debut in 2026 with a complete redesignSuzuki is preparing to launch the 10th generation Alto in Japan in 2026. With a history dating back to its debut in 1979, the Alto has evolved significantly through nine generations, with the latest generation launching in 2021. The upcoming models will focus on achieving a lighter profile, improved fuel efficiency and enhanced performance while adhering to modern safety standards.Focus on lightweight constructionA major highlight of the tenth generation Alto is the significant weight reduction. Reports suggest that the new model will lose about 100 kilograms compared to the current Alto, which weighs between 680 kilograms and 760 kilograms. This will bring the weight of the new Alto to 580 kg to 660 kg. Interestingly, this is a similar weight to the third-generation Alto, which debuted in an era when cars lacked many of today's safety features.Achieving such a low weight while maintaining safety and structural integrity is challenging. To…
How much does the car weigh? How to measure?
One of the most critical factors to understand when considering purchasing or using a vehicle is its weight. A car's weight can significantly affect its performance, fuel efficiency and safety ratings. Read on to learn about the average car weight, different types of vehicle weights, and how to find a vehicle's weight. What does the weight of different types of vehicles mean? Chicago, IL customers, manufacturers and regulators need to understand various weight classifications, including curb weight, gross vehicle weight and payload capacity. It's also beneficial to understand how these differences affect certain vehicle evaluations. Differences and uses of each weight type Here are the different weight types and what they mean: Overall quality: That's the weight of the vehicle with all standard equipment and a full tank of fuel, but without any passengers or cargo. For example, the average car weighs about 1,500 kilograms (3,300 pounds) when measured as curb weight. Payload capacity: This refers to the additional weight…
Canada rail strike looms as unions and rail operators weigh in
A rail strike is looking increasingly likely in Canada as the Canadian Union of Railway Workers (TCRC) and major rail operators Canadian National Railway (CN) and Canadian Pacific Kansas City Railway (CPKC) continue to struggle to reach an agreement. Tensions are rising as the deadline approaches. Also read: How Canada's rail strike will impact freight markets On August 9, the Canada Industrial Relations Board (CIRB) determined that the services provided by the railways were not legally considered “essential services” and established a 13-day cooling-off period before a strike could legally begin. Despite this, Canadian Railways yesterday issued a notice that its members would stop providing services starting Thursday, marking the start of a legal strike. In response, major U.S. freight railroad CSX Transportation has suspended cross-border shipments to and from Canadian National Railway and Canadian Railways, causing Canadian rail operators to suspend import and export services for refrigerated cargo, hazardous materials and security-sensitive items originating or terminating on Canadian railways.…