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 […]

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 […]

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.

US automakers boost domestic production to counter 25% auto tariffs

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.

Global pulp markets were once again upended by new tariffs that went into effect at midnight on Thursday April 3. The announcement came hours after US President Donald Trump held a long-awaited press conference at the White House. In an event he for weeks had billed as “Liberation Day,” he announced a “final decision” on […]

A raft of commodities including steel, aluminium, and copper emerged from Wednesday April 2, which was dubbed ‘Liberation Day’ in the United States, with a reprieve from reciprocal tariffs

Critical minerals appear to be exempt from the 'reciprocal' tariffs introduced by Donald Trump on Wednesday April 2; US trade paralyzed by confusion, market participants reported.

EV advocate Quentin Willson talks myths, market trends and the road ahead