This consultation, which is open until April 24, 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 […]

This consultation, which is open until April 24, 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 […]

Why vacillating tariff decisions will lead to price surges, but the fundamentals will prevail in the US steel market

The US aluminium market faces growing instability as ongoing tariff adjustments take a toll on cross-border trade with Canada. This article examines how uncertain policies are driving pricing risks, creating volatility in premiums, and forcing industry players to pause transactions.

The expansion of Section 232 steel tariffs is creating ripples across the US supply chain, affecting industries far and wide. From the escalating cost of raw materials to shifts in demand and production strategies, businesses are adjusting to the new realities of a tariff-driven market.

US steel tariffs have sparked strong reactions, reshaping global trade and leaving the steel market in flux. This article explores the key impacts of these tariffs on market trends, industry players, and trade policies. From policy goals to resulting uncertainties, gain insight into how these measures are influencing the future of steel and global markets.

Fastmarkets’ publication of the MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton is delayed by late settlement as of Tuesday March 11.

President Trump has threatened to double tariffs on Canadian steel and aluminium to 50%, potentially escalating tensions in US-Canada trade relations. If implemented, this move could have significant economic consequences and may prompt retaliatory actions from Canada. The article examines the potential implications of this tariff hike and its impact on the steel and aluminium industries, as well as the broader trade dynamics between the two nations.

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 […]

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.