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10-year clock ticking as US copper tariff opens arbitrage window, tests supply chain security
Market reactions to the soon-to-be-implemented US copper tariff are driving short-term volatility and supply imbalances while fuelling long-term efforts to expand domestic production, recycling and infrastructure.
July 28, 2025
·
By Rae Boyadjis, Julienne Raboca, Kirstyn Petras
Insights
The SBQ steel market is shifting: Supply concentration, tariff risk and price clarity
Fastmarkets’ SBQ price assessments and monthly forecast provide much-needed clarity and a benchmark for buyers in the steel industry to use for planning and negotiation.
July 25, 2025
·
Insights
Trade tensions rise: Latin American Chambers urge diplomacy
American Chambers of Commerce (Amcham) across Latin America are calling for urgent negotiations to prevent the escalation of trade tensions between their countries and the US, following the announcement of sweeping 50% tariffs by President Donald Trump.
July 24, 2025
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By Ana Enis
Insights
Lethargic sales in most framing lumber markets despite anticipation of increased duties on imports from Canada
Explore the latest trends in lumber markets as vacation time and economic uncertainty impact sales and trading activity.
July 23, 2025
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By Joe Pruski, Fastmarkets Forest Products
Insights
Correction to Biodiesel, SME, B100, flat price, fob US Gulf, $/gal on 18 July: pricing notice
The lower end of the price range for Biodiesel SME B100 fob US Gulf price on Friday July 18 was erroneously published at $2.243 per gallon. This has been corrected to $4.243 per gallon. Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags oils, fats and biofuels price […]
July 21, 2025
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By Wendy Dulaney
Insights
Correction to black mass, NCM/NCA, payable indicator, nickel, exw USA on July 16
Fastmarkets has corrected its MB-BMS-0015 Black mass, NCM/NCA, payable indicator, nickel, exw USA, % payable LME Nickel cash official price, which was published incorrectly on Wednesday, July 16.
July 17, 2025
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By Kirstyn Petras
Insights
One Big Beautiful Bill expected to drive mostly positive outcomes for critical minerals sector
In a move received with optimism from industry experts, the One Big Beautiful Bill allocates billions in federal funding to bolster the US critical minerals sector through multiple venues, signaling strong government support for domestic production and supply chain resilience. Market participants expect the demand effect from the introduction of timelines on 45X and repealing of 30D credits to be limited.
July 17, 2025
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By Yasemin Esmen
Insights
Launch of Turkey import billet to US export ferrous scrap differentials
This strategic launch is designed to better delineate the relationship between these two competing steelmaking materials. The differentials offer the market a single reference price denoting the spread between Turkey import billet and No1 and No2 heavy melting scrap (80:20) and between Turkey import billet and shredded scrap exported from the US East Coast respectively. […]
July 16, 2025
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By Amy Hinton
Insights
US copper scrap industry needs export controls, PMR CEO says | Hotter Commodities
The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
July 15, 2025
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By Andrea Hotter
Insights
US copper scrap markets look to transition to LME vs COMEX
US copper scrap market participants are shifting from COMEX to LME pricing in response to extreme price volatility and a new 50% copper import tariff. The change is influencing discount formulas, export strategies and long-term trading dynamics across the sector.
July 15, 2025
·
By Kirstyn Petras
Insights
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