President Trump's recent tariffs, including a 25% levy on imported vehicles, have disrupted the US economy, triggering market turmoil, retaliatory actions and challenges for industries like EVs and battery raw materials. With rising inflation, reduced consumer confidence and a bleak growth outlook, economic pressure continues to mount.

Aurubis CEO says that copper smelting growth is likely but the market needs to avoid overcapacity

Aurubis CEO discusses copper tariff impacts and strategic investments in US and Europe

North American lumber industry struggles with closures, tariffs and post-pandemic demand shift

On Tuesday, April 8, the USDA confirmed a sale of 240,000 tonnes of US corn into Spain for delivery in the 2024-25 marketing year. This left market participants puzzled as they did not expect this sort of trade, given the looming tariff on US corn exported into the EU that will be implemented from next […]

On April 2, 2025, US President Trump announced comprehensive import tariffs that had long been feared. According to Trump, the goal is to restructure US trade policy by implementing extensive tariffs, collectively called the “Liberation Day” tariffs. This initiative introduced a universal 10% tariff on all imports, effective April 5, 2025, with additional country-specific tariffs […]

Fastmarkets’ March 2025 forecast lowers global crude steel production to 1.846 billion tonnes, reflecting trade policy impacts and economic uncertainties despite late 2024 production gains in key markets like China and the US.

US automakers boost domestic production to counter 25% auto tariffs

Trading in most markets stalled after Wednesday’s announcement that lumber imports from Canada would be exempt from the newly imposed tariffs by the Trump administration. The most notable immediate impact was seen in lumber futures, where prices tumbled more than $50 on Thursday. In most physical markets, prices adjusted mildly in both directions. While digesting […]

Global pulp markets were once again upended by new tariffs that went into effect at midnight on Thursday April 3. The announcement came hours after US President Donald Trump held a long-awaited press conference at the White House. In an event he for weeks had billed as “Liberation Day,” he announced a “final decision” on […]