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Trump reinstates steel tariffs: global reactions and economic fallout
US President Donald Trump has reinstated the full 25% steel tariffs under Section 232. This decisive move aims to curb surging imports and bolster US manufacturing. With exemptions removed and impacts stretching from producers to downstream manufacturers, the global steel industry braces for widespread effects.
February 17, 2025
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By Robert England, Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
Trade barriers unlikely to impact silicon metal supply chain, insights from Elkem
European silicon giant downplays trade disruption fears amid market volatility, revealing improved Q4 earnings despite falling revenues and alumnium sector weakness.
February 17, 2025
·
By Julienne Raboca
Insights
Pause in publication of US agricultural products price assessments
Fastmarkets will not publish any price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO and vegetable oils on Monday February 17.
February 14, 2025
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By Chloe Krimmel
Insights
EU, UK respond strongly to US plan to reinstate 25% steel import tariff
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.
February 12, 2025
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By Julia Bolotova, Holly Chant, the Fastmarkets team
Insights
Lumber prices: Five predictions for the housing and wood products markets in 2025 | 2025 preview
Access our expert lumber predictions for 2025, including insights into significant movements in the housing market.
February 12, 2025
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By Dustin Jalbert, Jennifer Coskren, Emerson Paradee
Insights
US scrap trends outlook: February 2025
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our January survey.
February 10, 2025
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By the Fastmarkets team
Insights
Proposal to launch two US 400 series stainless steel assessments
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.
February 7, 2025
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By Chris Kavanagh
Insights
Slight uptick in lumber prices after tariffs delayed 30 days
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 […]
February 7, 2025
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By Joe Pruski, the Fastmarkets team
Insights
How would US trade tariffs on the EU impact the European pulp and paper industry?
The new US trade tariffs threaten the fragile global trade balance and risks reigniting inflation.
February 6, 2025
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By Alejandro Mata Lopez
Insights
Tit-for-tat trade war begins after US announces tariffs | Hotter Commodities
United States President Donald Trump signed an executive order to implement tariffs on imports from Mexico, Canada, and China on Saturday February 1, sparking swift retaliation and sending world trade into uncharted territory.
February 3, 2025
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By Andrea Hotter
Insights
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