Trade
EU Extends Suspension of US Rebalancing Measures
The EU suspended rebalancing measures on US products without an end date, applying from August 7. Source: EU Official Journal. 777 Sourcing.
Reporting and analysis
Industrial markets, manufacturing and procurement reporting.
Journal
Latest reporting
-
-
Supply Chain
NHC Outlook Lists No Active Atlantic Disturbances
The National Hurricane Center lists no active Atlantic disturbances as of August 7, while NOAA maintains a below-normal season outlook of 7 to 13 named storms.
-
Corporate & Deals
AXT Reports Record Q2 on Indium Phosphide Demand
AXT reported Q2 revenue of $47.6 million, up 164 percent year over year, on indium phosphide demand for data center optics. Source: SEC EDGAR. 777 Sourcing.
-
Corporate & Deals
Kimball Electronics Acquires Helvoet Polymer Firm
Kimball Electronics acquired Helvoet Polymer Technologies B.V., a Netherlands-based medical CDMO, for about $103 million. Source: SEC EDGAR. 777 Sourcing.
-
Manufacturing
Trinseo Declares Force Majeure at Polystyrene Site
Trinseo declared force majeure at its Tessenderlo, Belgium polystyrene plant after storm damage, and closed its Italian MMA facilities. Source: SEC EDGAR. 777 Sourcing.
-
Manufacturing
Eos Energy Commences Battery Line 2 Production
Eos Energy commenced commercial production on Battery Line 2 in mid-June 2026, expanding to two production lines. Source: SEC EDGAR. 777 Sourcing.
-
Trade
USTR Sets FY2027 Sugar Tariff-Rate Quotas
USTR announced FY2027 tariff-rate quota allocations for raw cane sugar, refined sugar, and sugar-containing products. Source: USTR. 777 Sourcing.
-
Trade
USTR Imposes Forced Labor Tariffs on 60 Economies
USTR imposed Section 301 tariffs of 10 or 12.5 percent on products of 60 economies, effective July 24, 2026. Source: Federal Register. 777 Sourcing.
-
Procurement Observed
US Federal Machine Shop Awards Fall 45.4 Percent
US federal machine shop awards under NAICS 332710 fell 45.4 percent year over year, with value down 32.8 percent. Source: USASpending. 777 Sourcing.
-
Markets Observed
Euro Firms Against Dollar on ECB Reference Data
The euro edged up 0.4 percent against the dollar in the week to August 7, to 1.1535. Source: ECB. 777 Sourcing.
-
Supply Chain Observed
Container Index Rebounds After Three Weekly Drops
Drewry's World Container Index rose 1 percent to $4,297 per 40-foot container in the week ending August 6. Source: Drewry. 777 Sourcing.
-
Trade Observed
US Goods and Services Trade Deficit Narrows
The US deficit fell to $73.3 billion in June, down from May. Source: U.S. Census Bureau. 777 Sourcing.
-
Markets Observed
Aluminum Prices Fall 8.1% Month Over Month
Aluminum averaged $3,161 per metric ton in July, down 8.1 percent from June. Source: World Bank Pink Sheet. 777 Sourcing.
-
Markets Observed
US Diesel Retail Price Rises for Fourth Week
US on-highway diesel averaged $5.348 a gallon in the week ending August 3. Source: EIA. 777 Sourcing.
-
Manufacturing Observed
China Manufacturing PMI Falls Below 50 Threshold
China's manufacturing PMI fell to 49.2 in July, below the 50 threshold. Source: National Bureau of Statistics of China. 777 Sourcing.