• The Netherlands has released an update to its current biofuels mandate ahead of the full implementation of the third iteration of the EU Renewable Energy Directive (RED III) in the form of a draft proposal submitted to the Dutch Government on Friday June 20.
      Insights
    • A major merger and acquisition (M&A) wave, conservatively estimated to exceed €450 million ($516 million) in deal value across European sawn timber markets—including over €160 million in disclosed deals plus several large undisclosed transactions and recent distressed asset acquisitions—signals a fundamental shift toward market concentration that could likely reduce pricing volatility while creating new competitive dynamics favoring integrated participants and Baltic production hubs.
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    • My last Viewpoint at the end of February provided some thoughts on the outlook for Asian paper and board markets in 2025, and it highlighted three areas of concern that could hold back growth: the trade war, China's sluggish economy and inflation. Fast forward four months and a lot has happened, especially related to the trade war. In this Viewpoint, I provide my latest thoughts on developments in these three areas and then drill down specifically on the containerboard market and look at what has happened and where things are going.
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    • The following prices were affected: CB-CC-0001 REDD+, Latin America, $ per tCO2eCB-CC-0002 REDD+ v19 differential, Latin America, $ per tCO2eCB-CC-0003 REDD+ v20 differential, Latin America, $ per tCO2eCB-CC-0004 REDD+ v21 differential, Latin America, $ per tCO2eCB-CC-0005 REDD+, Sub-Saharan Africa, $ per tCO2eCB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $ per tCO2eCB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa, […]
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    • The decarbonization of the steel industry has been widely discussed in Europe over the past few years. But much of the focus has been on blast furnace–basic oxygen furnace (BF-BOF) based mills, given their higher carbon intensity.
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    • Leading European steelmaker ArcelorMittal has scrapped a planned EAF-DRI project in Germany due to the poor economic environment and a “lack of economic viability,” the company said on June 19.
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    • North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average of $1.61. Fastmarkets’ pricing database has been updated to reflect this change. AG-SC-0002 Sausage casings, resale, North American hog runners, whiskered, ex-works North America, cents/strand This price […]
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    • The loss of information inputs from North and South America because of national holidays took some of the direction out of the market on Thursday June 19, but there remained ample scope for activity in most other regions.
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    • Downward pressure on global steel prices, caused by continued high levels of Chinese steel production at prices below costs, creates incentives than can lead to a rebalancing of global supply and demand and a boost to profitability, World Steel Dynamics chief executive officer Philipp Englin said at the Global Steel Dynamics Forum in New York on Wednesday June 18.
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    • Used Cooking Oil (UCO) has become a vital feedstock for biofuels, particularly Sustainable Aviation Fuel (SAF), but surging demand, globalized supply chains, and geopolitical risks highlight the need for strategic planning to address supply gaps and sustain production.
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