The rush toward steel sector decarbonization was gaining momentum across the world with attempts being made to reduce the effects of emissions on the global ecology, with Europe in the forefront, Fastmarkets heard on Wednesday, April 9.

Read more about Fastmarkets' two new green steel prices

Fastmarkets’ March 2025 forecast lowers global crude steel production to 1.846 billion tonnes, reflecting trade policy impacts and economic uncertainties despite late 2024 production gains in key markets like China and the US.

This article examines stainless steel price trends and forecasts for 2025, breaking them down by region to provide clarity for industry professionals, investors, and market analysts.

The Mexican steel industry is making investments in sustainability through the adoption of renewable energy, advanced technologies and circular economy models. These initiatives aim to reduce dependence on imports while enhancing local supply chains, positioning Mexico as a leader in green steel production for key sectors such as automotive and construction.

The Trump administration has introduced reciprocal tariffs, matching about half the rates imposed by US trade partners, with a minimum of 10%, to boost domestic industries and achieve "economic independence." While praised by US steel manufacturers for protecting jobs, the effect on trade relationships with partners like Canada and Mexico remains uncertain.

In the second of a two-part series, Fastmarkets looks at opportunities for the Asia ferro-alloys sector that could result from US-China trade tensions or against a backdrop of greater trade protection, ahead of the Asia Ferroalloys 2025 Conference

The European Commission is considering delaying a first set of countermeasures to US tariffs on aluminium and steel until mid-April, EU trade chief Maroš Šefcovic said on Thursday, March 20. The measures, announced on March 12, cover a wide range of agricultural and industrial goods including potentially some wood products, pulp, paper and board. The […]

This consultation, which is open until April 24, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]

This consultation, which is open until April 24, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]