The tariff drama as President Trump enters his second term of office has occupied much of the energy of financial markets and business leaders. The 25% levies on all goods from Canada and Mexico implemented on March 4 are sending ripple effects throughout the entire forest products industry, given the level of industry integration and […]

Prices for recycled fiber-based containerboard in the Gulf Cooperation Council (GCC) had some increases with few decreases in February and as a result Fastmarkets’ PIX indices for locally-produced testliner and fluting rose slightly on Tuesday March 4. While most of the prices reported to Fastmarkets were unchanged, some increases in Saudi Arabia and the United […]

The publication of Fastmarkets’ nickel sulfate, in-whs Rotterdam assessment for Friday March 7 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

Fastmarkets has corrected its MB-STE-0149 steel scrap heavy scrap domestic, delivered mill China, which was published incorrectly on Friday March 7.

The US-Ukraine mineral partnership deal has stalled due to security concerns, leaving future negotiations uncertain despite Ukraine's critical role in global mineral supplies. Meanwhile, President Trump has imposed tariffs on Canada, Mexico, and China and launched a copper import investigation to address national security risks and reduce reliance on foreign resources.

Trump’s steel tariffs aim to boost the US steel industry by taxing imported steel and encouraging domestic production. The goal is to make U.S. steel more competitive globally while addressing national security and trade concerns. However, the tariffs have caused international tension, reshaping trade ties and raising questions about costs for U.S. businesses relying on steel imports.

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

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 […]

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.

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.