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    Section: Industry News

    US tariff pause brings relief to fertilizer exporters

    President Donald Trump delayed his ‘liberation day” tariffs by three months on 9th April, while simultaneously ramping up levies on China. In this latest twist to the on-off US tariffs saga, the Trump administration’s 90-day pause on additional duties should provide international suppliers to the world’s biggest fertilizer market with some respite – for now. With the exception of China, the US will now cut back its so-called ‘reciprocal tariffs’ to 10% for the duration of a three-month suspension period. The European Union’s tariff is now halved to 10%, for example, with the trade bloc also pausing its trade countermeasures against the US.

    Start-up for Adani smelter

    Adani Group subsidiary Kutch Copper has commenced operations at its new Mundra copper refinery and smelter, the company announced on 28 March. The company previously indicated an expected start-up by the end of Q1. The new smelter will help boost domestic supplies of copper, demand for which is robust from the construction, transport and power sectors in particular and likely to double by 2030, with the shift towards clean energy and electric vehicles. This first phase of the project will have around 500,000 t/a copper capacity, with a similar capacity planned to be added in the second phase by 2029.