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What we learned at Fastmarkets’ Mexico Metals Outlook 2025
The Mexico Metals Outlook 2025 conference explored challenges and opportunities in the steel, aluminum and scrap markets, focusing on tariffs, nearshoring, capacity growth and global trends.
May 14, 2025
·
By Amy Hinton, Grace Asenov, Dan Hilliard
Insights
US-China 90-day tariff deal brightens trade and economic outlook
The recent US-China agreement to temporarily reduce tariffs is a major step for global trade, with tariffs on US goods entering China dropping from 125% to 10% and on Chinese goods entering the US decreasing from 145% to 30% starting May 14. While this has boosted markets and created optimism, key industries like autos and steel remain affected, leaving businesses waiting for clearer long-term trade policies.
May 13, 2025
·
By Robert England
Insights
European BEK pulp prices drop in April
BEK pulp prices in Europe dropped $40/tonne in April, driven by US import tariff uncertainties and weaker demand in China.
May 13, 2025
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By Eva Nyman
Insights
Proposal to amend frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium
Fastmarkets proposes to amend the frequency of Taiwan base metals prices from biweekly to monthly, and the delivery timing for the tin 99.99% ingot premium from two weeks to four weeks.
May 13, 2025
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By Chay Chye Leng
Insights
Pause in US-China trade tensions inspires cautious optimism in Chinese non-ferrous metals markets
The US-China trade truce announced on May 12 has brought cautious optimism to China’s non-ferrous metals markets, signaling a possible shift in global trade. Starting May 14, the removal of additional tariffs has impacted sectors like battery raw materials, minor metals and base metals such as zinc and nickel, with mixed reactions. While the improved sentiment has lifted futures prices and trade activity, the long-term effects remain unclear due to challenges like supply-demand pressures and export controls.
May 13, 2025
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By Carrie Shi, Dylan Duan, Sally Zhang, Sybil Pan, Chay Chye Leng, Shiyue Zhao, Zihao Li, Venus Wang, Nico Zhang, Eva Qi
Insights
Lumber prices continue to drop with wood market cautious amid tariff uncertainty
Explore the current trends in the wood market as prices for framing lumber continue to decline amidst economic uncertainty.
May 12, 2025
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By Joe Pruski, the Fastmarkets team
Insights
Middle East: PIX packaging GCC index for testliner and fluting stable on flat demand in April
Explore the latest trends in packaging prices in the GCC region, focusing on recycled fiber-based containerboard in April.
May 12, 2025
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By Mariam Icar
Insights
US-UK trade deal: Tariff reductions on aluminium, steel and automotives
The US-UK trade deal removes tariffs on steel and aluminium while reducing automotive duties, offering relief to British industries and reshaping transatlantic trade dynamics. The agreement also signals broader implications for global trade negotiations, particularly regarding China and excess capacity in metals.
May 9, 2025
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By Amy Hinton, David Bartle
Insights
Correction to Northern Europe green rebar differential, inferred price on May 7
MB-STE-0926 Green steel, differential to steel reinforcing bar (rebar) domestic, delivered Northern Europe, €/tonne was initially incorrectly input within the range of €30-40 per tonne. The correct differential is €20-40 per tonne. MB-STE-0925 Green steel base price, reinforcing bar (rebar) domestic, delivered Northern Europe, inferred, €/tonne was incorrectly input at €685-720 per tonne. The correct inferred price is €675-720 […]
May 7, 2025
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By Vlada Novokreshchenova
Insights
Ford trims $2.5 billion tariff exposure, suspends earnings guidance
Ford Motor Company will offset $1 billion of an expected $2.5 billion exposure from tariffs and remains "on track and within our original full-year guidance range of $7 billion-8.5 billion" in operating earnings for 2025, Jim Farley, president and chief executive officer, said during the automaker's first-quarter earnings call on Monday March 5.
May 7, 2025
·
By Robert England
Insights
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