The European pulp and paper (P&P) industry is struggling to assess the possible impact of tariffs. First, US President Donald Trump announced a 10% blanket tariff on all goods imported to the US. Additionally, he announced higher “reciprocal” tariffs with those he deemed worst offenders. This included a 20% tariff on EU goods. He later […]

Due to a procedural error, the latest prices for the US Northeast region was not incorporated into the comparative prices for the quarter. This impacted the calculations for the three markets below. FP-CHP-0036 Chips, Hardwood, delivered US Northeast, Comparative Regional Price, USD/GT, which was published incorrectly at $50 per gross ton. This has been corrected […]

The daily composite prices for these grades were incorrectly calculated without the settled Chicago assessments on April 9. The composite prices for No1 heavy melting scrap and No1 busheling are calculated using the average settled prices for Chicago, Philadelphia and Pittsburgh. The composite price for shredded auto scrap is calculated using the average settled prices […]

President Trump's recent tariffs, including a 25% levy on imported vehicles, have disrupted the US economy, triggering market turmoil, retaliatory actions and challenges for industries like EVs and battery raw materials. With rising inflation, reduced consumer confidence and a bleak growth outlook, economic pressure continues to mount.

This price is part of the Fastmarkets Scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.

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.

Aurubis CEO says that copper smelting growth is likely but the market needs to avoid overcapacity

Aurubis CEO discusses copper tariff impacts and strategic investments in US and Europe

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our April survey.

North American lumber industry struggles with closures, tariffs and post-pandemic demand shift