On Tuesday, April 8, the USDA confirmed a sale of 240,000 tonnes of US corn into Spain for delivery in the 2024-25 marketing year. This left market participants puzzled as they did not expect this sort of trade, given the looming tariff on US corn exported into the EU that will be implemented from next […]

On April 2, 2025, US President Trump announced comprehensive import tariffs that had long been feared. According to Trump, the goal is to restructure US trade policy by implementing extensive tariffs, collectively called the “Liberation Day” tariffs. This initiative introduced a universal 10% tariff on all imports, effective April 5, 2025, with additional country-specific tariffs […]

Read more about Fastmarkets' two new green steel prices

This consultation, which is open until May 11, 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 […]

Codelco stays flexible on copper trade amid tariff uncertainty

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.

Fastmarkets will discontinue its price assessment for MB-RUT-0003 rutile 95% TiO2 min, bulk, cif China on Tuesday April 8. After an extended consultation period from December 30, 2024, to April 2, 2025, Fastmarkets has discontinued this price due to low demand and liquidity caused by changing market dynamics. All short-term forecasts associated with this price produced by […]

Trading in most markets stalled after Wednesday’s announcement that lumber imports from Canada would be exempt from the newly imposed tariffs by the Trump administration. The most notable immediate impact was seen in lumber futures, where prices tumbled more than $50 on Thursday. In most physical markets, prices adjusted mildly in both directions. While digesting […]

Fastmarkets proposes to launch a price assessment for soap stock acid oil CIF Amsterdam, Rotterdam, Antwerp, $/tonne.

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.