Trump Tariff Threat Fuels US Asphalt Supply Fears
The US asphalt market faces uncertainty as President-elect Donald Trump’s proposed tariffs on Canadian imports could restrict supply and drive up prices for American buyers. Trump’s plan includes a 25% tariff on all imports from Canada and Mexico, set to take effect after his inauguration on January 20. While industry insiders speculate that the tariff […]
UK and French Terminals Reshape European Bitumen Dynamics
The European bitumen supply chain is witnessing notable changes as key players in the UK and France reposition their terminal operations, signaling potential shifts in regional trade dynamics. UK: Surge in Activity at Dagenham Terminal In the UK, Tarmac, one of the country’s leading road and construction firms, will begin receiving bitumen cargoes at the […]
Spain’s Huelva Refinery Bitumen Supply Restricted
Bitumen production and supply from Spain’s 220,000 b/d Huelva refinery have faced significant constraints over the past month, with no signs of recovery in the near future. Market participants, as reported by Argus Media, attribute the slowdown to a change in the refinery’s crude slate, moving away from bitumen-rich grades. However, the refinery’s operator, Abu […]
