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US court overrules reciprocal tariffs; Section 232 duties remain in place
A US court has struck down key reciprocal tariffs imposed by President Donald Trump, ruling that the International Emergency Economic Powers Act (IEEPA) does not grant unlimited tariff authority. While markets reacted positively, Section 232 duties on steel and aluminium remain in effect, prompting continued uncertainty and a likely appeal by the Trump administration.
May 29, 2025
·
By Rachel McGuire
Insights
Trump’s greenlight of US Steel-Nippon ‘partnership’ raises hopes, questions
President Trump's endorsement of the $14 billion US Steel and Nippon Steel partnership sparks hopes for innovation and economic growth in manufacturing, but labor unions raise concerns about job security and workplace conditions, leaving stakeholders eager to see how it unfolds.
May 29, 2025
·
By Dan Hilliard
Insights
Black gold and greener energy: A new chapter for ExxonMobil | Fast Forward
Discover how big oil is fuelling change in the global electric vehicle (EV) market with the latest episode of Fast Forward podcast
May 29, 2025
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By the Fastmarkets team
Insights
How to de-risk your supply chain when stakes are high
Five key takeaways from our CIPS webinar.
May 27, 2025
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By the Fastmarkets team
Insights
EUDR: All EU countries labeled as low risk; simplification measures criticized
Explore the recent EUDR country classifications and discover which nations are labeled low, standard, or high risk.
May 27, 2025
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By Andrea Venturini
Insights
The US aluminium industry debates demand destruction following tariffs
The US aluminium industry is experiencing challenges related to tariffs, which have contributed to higher prices and premiums, raising questions about potential impacts on demand. Alcoa's CEO has noted that sustained high prices could affect the domestic market. While trade agreements might provide some relief, analysts expect premiums to remain elevated in the near term. However, aluminum demand is projected to grow over the long term, supported by the energy transition and clean energy projects. To meet this demand, the industry will need to increase production, restart idle smelters and address factors such as electricity costs and global competition.
May 21, 2025
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By Yasemin Esmen
Insights
Dockworkers’ union extends strike plans at Swedish ports; Transport union comes to agreement
Get the latest on potential port strikes in Sweden and how they could affect pulp and paper trade in the region.
May 21, 2025
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By Fastmarkets Forest Products, Eva Nyman
Insights
Base metals market update May 2025
Read Fastmarkets' monthly base metals market for May 2025 focusing on raw materials including copper, nickel aluminium, lead, zinc and tin.
May 21, 2025
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By the Fastmarkets team
Insights
Five key factors in the outlook for the US housing market 2025
Learn about the future of housing as experts discuss market conditions, builder challenges and strategies for success.
May 20, 2025
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By Jennifer Coskren, Dustin Jalbert
Insights
DRC prepares for new decision on cobalt export ban in June
The DRC is set to decide on the future of its cobalt export ban on June 22, potentially extending, modifying or ending the policy. Aimed at boosting local refining and value creation, the ban has left global markets uncertain, with stakeholders calling for clarity as cobalt prices fluctuate and concerns over long-term demand grow.
May 19, 2025
·
By Alexander Cook, Carrie Shi
Insights
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