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US scrap trends outlook: January 2025
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our January survey.
January 9, 2025
·
By the Fastmarkets team
Insights
Proposal to discontinue lead 99.97% ingot warrant premium, in-whs US
Fastmarkets proposes to discontinue its MB-PB-0097 lead 99.97% ingot warrant premium, in-whs US price assessment.
January 8, 2025
·
By Natasha Porter
Insights
Steel trade defense measures timeline in Latin America signals more actions in 2025 | 2025 preview
After a 2024 marked by calls for trade defense measures against “predatory and unfair” imports, the Latin American steel sector should see a rise in such measures in 2025, industry experts told Fastmarkets.
January 8, 2025
·
By Gabriela Brumatti
Insights
Fastmarkets forecasts global crude steel production to increase year-on-year in 2025
Read more about how we expect a modest increase in 2025 levels of global crude steel production over 2024.
January 8, 2025
·
By Kimberly Leppold, the Fastmarkets team
Insights
Battery maker CATL faces potential US investment ban | Hotter Commodities
Chinese battery maker Contemporary Amperex Technology Co., Limited (CATL) has been added to the US Department of Defense’s Chinese Military Company (CMC) list.
January 8, 2025
·
By Andrea Hotter
Insights
North American steel outlook 2025: demand to rise with automotive output | 2025 preview
The new year is likely to show a modest pick-up in overall North American automotive production that will, in turn, boost demand for key steel product sectors, such as cold-rolled coil, galvanized sheet and special bar quality steel, according to industry analysts and market participants.
January 7, 2025
·
By Robert England
Insights
Biden blocks $15 billion US steel sale to Nippon Steel over national security
President Joe Biden has followed up on his threat to block the $15 billion acquisition of US Steel by Japan’s Nippon Steel.In a statement released early on Friday January 3, President Biden cited national security concerns for his decision, despite US Steel’s own objections and an inconclusive Committee on Foreign Investment in the United States […]
January 6, 2025
·
By Dan Hilliard
Insights
Uncertainty for energy policy as US awaits new administration: 2025 preview
The US feedstock and biodiesel industries face significant uncertainty due to potential policy changes, including pending import tariffs, the transition from the Blenders Tax Credit to the 45Z Clean Fuel Production Tax Credit, and delayed federal guidance.
January 6, 2025
·
By Amanda Luhavalja, Bob Lane, Wendy Dulaney, Alexandra Chapman
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 Wednesday January 1.
December 31, 2024
·
By Chloe Krimmel
Insights
Early publication of US agricultural products price assessments
Fastmarkets will publish 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 at 12:00pm Central time on Tuesday December 31 due to the early closure of the Chicago Mercantile Exchange (CME) ahead of the New Year holiday.
December 30, 2024
·
By Chloe Krimmel
Insights
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