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Tariff uncertainty stuns US aluminium spot market
The US aluminium market faces growing instability as ongoing tariff adjustments take a toll on cross-border trade with Canada. This article examines how uncertain policies are driving pricing risks, creating volatility in premiums, and forcing industry players to pause transactions.
March 13, 2025
·
By Yasemin Esmen
Insights
Changing biofuel policy spurs renewable diesel dumping allegations against US from Canada’s Tidewater
The Canada Border Services Agency (CBSA) announced on Thursday, March 6, that it is opening an investigation to determine if the US is unfairly subsidizing and dumping renewable diesel in Canada; changing US biofuel policy seems to be a contributing factor in this investigation. The Blender’s Tax Credit (BTC), which expired on December 31, provided […]
March 12, 2025
·
By Robert Lane
Insights
Trump doubles tariffs on Canadian steel and aluminium to 50% amid trade clash
President Trump has threatened to double tariffs on Canadian steel and aluminium to 50%, potentially escalating tensions in US-Canada trade relations. If implemented, this move could have significant economic consequences and may prompt retaliatory actions from Canada. The article examines the potential implications of this tariff hike and its impact on the steel and aluminium industries, as well as the broader trade dynamics between the two nations.
March 11, 2025
·
By Robert England
Insights
Uncertainty surrounding US, Russia and Ukraine relations
The US-Ukraine mineral partnership deal has stalled due to security concerns, leaving future negotiations uncertain despite Ukraine's critical role in global mineral supplies. Meanwhile, President Trump has imposed tariffs on Canada, Mexico, and China and launched a copper import investigation to address national security risks and reduce reliance on foreign resources.
March 6, 2025
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By Amy Bennett
Insights
War, uncertainty fuel rising demand for defense-critical metals: Part 2
In the second of a two-part series, Fastmarkets digs into the impact of global conflict on critical material supply chains.
March 6, 2025
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By Claire Patel-Campbell, Solomon Cefai, Jessica Long, Julienne Raboca
Insights
Trump’s trade policies and their role in boosting US steel industry competitiveness
Trump’s steel tariffs aim to boost the US steel industry by taxing imported steel and encouraging domestic production. The goal is to make U.S. steel more competitive globally while addressing national security and trade concerns. However, the tariffs have caused international tension, reshaping trade ties and raising questions about costs for U.S. businesses relying on steel imports.
March 6, 2025
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By Alesha Alkaff
Insights
How to read President Trump’s Congressional address: metal edition
US President Donald Trump’s address to Congress on Tuesday March 4 contained key strategic policy objectives that will have a direct impact on global metals markets. Fastmarkets takes a high-level view of the key strategies below: “They tariff us…we will tariff them.” The Trump administration will introduce reciprocal tariffs on all countries that levy duties […]
March 5, 2025
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By Dan Hilliard, Amy Hinton
Insights
Trump’s tariffs on Canada and Mexico rile up the US metals sector
Trump’s tariffs on Canadian and Mexican metals have introduced significant instability to the U.S. metals sector. The 25% tariffs, coupled with retaliatory measures from Canada and Mexico, have fuelled price volatility, supply chain disruptions, and operational uncertainty across multiple industries. These trade policies are reshaping global market dynamics as stakeholders brace for long-term impacts on steel, aluminium, copper, and other metal commodities.
March 5, 2025
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By Mark Burgess, Amy Hinton, Kirstyn Petras, Dan Hilliard, Rae Boyadjis, the Fastmarkets team
Insights
China announces new duties on US agricultural imports as US tariffs take effect
China has announced additional tariffs of up to 15% on imports of US goods from March 10, with the new measures covering largely agricultural products, alongside restricted exports to 15 US companies, according to a notice posted by the country’s Ministry of Finance and Ministry of Commerce on Tuesday, March 4. Imports of agricultural goods […]
March 4, 2025
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By the Fastmarkets team, Regina Koh, Masha Belikova, Jenny Ma
Insights
Zinc market insights from IZA San Diego conference
Presenters shared insights into zinc market dynamics at the International Zinc Association’s (IZA) International Zinc and Zinc Oxide conference held February 23-26 in San Diego.
March 3, 2025
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By Natasha Porter, Rae Boyadjis, the Fastmarkets team
Insights
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