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How to read President Trump’s Congressional address: metal edition
US President Donald Trump’s address to Congress on Tuesday March 4 contained key strategic policy objectives that will have a direct impact on global metals markets. Fastmarkets takes a high-level view of the key strategies below: “They tariff us…we will tariff them.” The Trump administration will introduce reciprocal tariffs on all countries that levy duties […]
March 5, 2025
·
By Dan Hilliard, Amy Hinton
Insights
Pending tariffs could raise US car prices while potentially ‘fortifying’ the industrial base
Tariffs on steel and aluminum will raise US car prices, increase production costs, and squeeze profit margins. Smaller car companies may struggle to compete, while retaliatory actions could disrupt the global auto market, reshaping manufacturing and trade industry-wide.
March 5, 2025
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By Robert England
Insights
Trump’s tariffs on Canada and Mexico rile up the US metals sector
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.
March 5, 2025
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By Mark Burgess, Amy Hinton, Kirstyn Petras, Dan Hilliard, Rae Boyadjis, the Fastmarkets team
Insights
Early publication of steel billet index, Black Sea
The MB-STE-0558 steel billet index export, fob Black Sea, CIS was published at 3:32pm London time instead of the scheduled time of 4pm. The data submission window had already closed, and the data collection and price assessment were not affected by the early publication. This price is a part of the Fastmarkets steel package. For more information, […]
March 4, 2025
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By Vlada Novokreshchenova
Insights
Australia’s dominance in coking coal plus supply squeeze could derail India’s steel growth, experts warn
The Indian steel industry faces challenges as coking coal demand grows amid supply issues. Insights from Coaltrans India 2025 highlight India's reliance on Australian coal, rising met coke imports, and strategies like blending domestic coal with high-quality options.
March 4, 2025
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By Suresh Nair
Insights
Iron ore surplus in 2025: Market shake-up for Vale, Rio Tinto and China
Iron ore markets face major shifts as an oversupply looms in 2025, driven by weak demand from Chinese steel mills and changing pricing trends. Key players like Vale and Rio Tinto are tackling challenges such as fluctuating shipments, blending practices in China, and a competitive global market.
March 3, 2025
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By Alice Li, Shu Yi Zheng, the Fastmarkets team
Insights
African graphite supply in 2025: Market shifts, challenges and strategic importance
Graphite producers in Southeast Africa, including Madagascar, Mozambique and Tanzania, are becoming key players as global demand shifts away from China. Despite challenges like infrastructure and competition, growing demand for large graphite flakes and downstream processing signals a promising future for the region by 2025
February 27, 2025
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By Solomon Cefai, Venus Wang, the Fastmarkets team
Insights
Trump reinstates steel tariffs: global reactions and economic fallout
US President Donald Trump has reinstated the full 25% steel tariffs under Section 232. This decisive move aims to curb surging imports and bolster US manufacturing. With exemptions removed and impacts stretching from producers to downstream manufacturers, the global steel industry braces for widespread effects.
February 17, 2025
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By Robert England, Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
EU, UK respond strongly to US plan to reinstate 25% steel import tariff
US President Donald Trump’s decision to impose 25% tariffs on imports of steel products into the US has generated a strong reaction in the EU, with market sources expecting a domino effect and a subsequent trade war, Fastmarkets heard on Tuesday February 11.
February 12, 2025
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By Julia Bolotova, Holly Chant, the Fastmarkets team
Insights
Proposal to reduce frequency of steel billet index export, fob Black Sea, CIS
The amendment would decrease publishing frequency to twice per week from daily, to reflect lower market liquidity following Russia’s invasion of Ukraine in 2022 and resulting in Western sanctions against Russia that led to lower export sales volumes from the country. This is also while the effect of the war has resulted in lower sales […]
February 6, 2025
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By Vlada Novokreshchenova
Insights
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