China suspends its ban on gallium exports to the US until 2026. Discover the impact of this significant policy change.

The Supreme Court is examining whether former President Trump exceeded his authority by imposing IEEPA tariffs during a national emergency, a case that could redefine the limits of presidential power and influence global trade dynamics.

Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Thursday November 6, 2025.

Fastmarkets will discontinue its MB-STE-0422 Steel scrap No1 busheling index, delivered Midwest mill, $ per gross ton, effective January 2026.

China’s state-owned buyer purchased up to three soybean cargoes from the US this week at prices above Brazilian offers, marking the first deals for the autumn harvest, several market sources in China said on Wednesday October 29.

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

Download the full report to read about what sourcing professionals can learn from the disruption and get more tips to mitigate supply chain risks

Learn how US policymakers are focusing on rare earth magnets and recycling to build a sustainable supply chain.

The US prime steel scrap contracts market is undergoing a major reset as mills and suppliers renegotiate terms amid falling prices and shifting leverage. Oversupply and waning premiums are reshaping how future scrap deals are structured across North America.

As global smelting margins weaken, a quiet revival is taking shape in the United States as new copper smelting and refining projects gather momentum. Policy shifts, strategic incentives and the push for industrial resilience are driving investment that could close America’s long-standing processing gap and reshape its role in the global copper market.