Trump’s tariffs on Canadian and Mexican metals have introduced significant instability to the U.S. metals sector. The 25% tariffs, coupled with retaliatory measures from Canada and Mexico, have fuelled price volatility, supply chain disruptions, and operational uncertainty across multiple industries. These trade policies are reshaping global market dynamics as stakeholders brace for long-term impacts on steel, aluminium, copper, and other metal commodities.

The following prices were affected:MB-CU-0361 Copper import arbitrage, $ per tonneMB-CU-0362 Copper import arbitrage, yuan per tonneMB-NI-0106 Nickel import arbitrage, $ per tonneMB-NI-0107 Nickel import arbitrage, yuan per tonneMB-ZN-0083 Zinc import arbitrage, $ per tonneMB-ZN-0084 Zinc import arbitrage, yuan per tonneMB-AL-0289 Aluminium import arbitrage, $ per tonneMB-AL-0290 Aluminium import arbitrage, yuan per tonne These prices are part of the Fastmarkets base metals package. […]

Presenters shared insights into zinc market dynamics at the International Zinc Association’s (IZA) International Zinc and Zinc Oxide conference held February 23-26 in San Diego.

Fastmarkets has corrected the rationale for its MB-NIO-0004 Nickel mixed hydroxide precipitate payable indicator, % London Metal Exchange, cif China, Japan and South Korea that was published incorrectly on Wednesday February 26. The rationale mistakenly stated that the nickel mixed hydroxide precipitate payable indicator was unchanged on February 26 when it had widened upward. The […]

The rationale was missing the backwardation data on Monday. The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US: “The LME C/3M spread was trading at a $8.25/t backwardation at the time of assessment on Monday, compared to a $8.00/t backwardation on Friday.” The published price is unaffected by this […]

Fastmarkets has corrected its MBU-ALU-0002 alumina index, fob Australia and corresponding inferred prices, which were published incorrectly on Friday February 21, due to an incorrect methodology application.

Here are some key discussion topics ahead of the International Zinc Association’s (IZA) International Zinc & Zinc Oxide 2025 conference, taking place in San Diego on February 23-26.

The rationale was missing the backwardation data on Monday. The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US: “The LME C/3M spread was trading at a $38.37/t backwardation at the time of assessment on Monday, compared to a $23.00/t backwardation on Friday.” The published price is unaffected by this […]

The price was initially published as $60-70 per tonne and has since been corrected to $60-68 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The price rationale was correct. For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data […]

Copper smelters struggling with record low treatment and refining charges (TCs/RCs) won’t be able to look to the Cobre Panama mine to ease market tightness any time soon.