US President Donald Trump’s decision to impose 25% tariffs on imports of steel products into the US has generated a strong reaction in the EU, with market sources expecting a domino effect and a subsequent trade war, Fastmarkets heard on Tuesday February 11.

Access our expert lumber predictions for 2025, including insights into significant movements in the housing market.

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

Fastmarkets proposes to amend the load port of its hard coking coal and pulverized coal injection (PCI) spot prices, fob DBCT, to fob eastern Australian ports, from the current basis of Dalrymple Bay Coal Terminal, Australia.

Fastmarkets proposes to launch two price assessments for 400 stainless steel: stainless steel 409 cold-rolled sheet, fob mill US, $/cwt and stainless steel 430 cold-rolled sheet, fob mill US, $/cwt.

Prices for recycled fiber-based containerboard (RCCM) in the Gulf Cooperation Council (GCC) region experienced minor changes in January, with locally produced testliner and fluting stable or slightly lower compared with December, against the expectations of Fastmarkets contacts. Fastmarkets’ PIX Testliner GCC index edged down by $2.88 per tonne, or 0.60%, to close at $473.92 per […]

A 30-day delay in implementation of tariffs on Canadian shipments to the US reset recent trends in framing lumber markets. Sales picked up in most regions and species, but higher quotes early in the week retreated nearer to last week’s levels. Western S-P-F sales were mixed, but several secondaries reported their strongest days of the […]

China has introduced new export controls on five critical metals and related technologies, effective from February 4.

Bearishness in China’s photovoltaic (PV) industry is expected to remain in 2025 amid overcapacity, market participants widely agree.

The amendment would decrease publishing frequency to twice per week from daily, to reflect lower market liquidity following Russia’s invasion of Ukraine in 2022 and resulting in Western sanctions against Russia that led to lower export sales volumes from the country. This is also while the effect of the war has resulted in lower sales […]