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US delay of Canada, Mexico tariffs further muddles North America’s steel market
The impact of the US’ breakneck flip-flop on immediate 25% tariffs on Mexican and Canadian goods this week is adding confusion to a North American steel market long-starved of certainty, sources told Fastmarkets.
February 4, 2025
·
By Dan Hilliard
Insights
US tariffs on Mexican imports paused for 30 days; both presidents seek agreement
U.S. tariffs on Mexico shape global trade dynamics, impacting products and prices on both sides of the border.
February 4, 2025
·
By Gabriela Brumatti, Ana Enis, the Fastmarkets team
Insights
Tit-for-tat trade war begins after US announces tariffs | Hotter Commodities
United States President Donald Trump signed an executive order to implement tariffs on imports from Mexico, Canada, and China on Saturday February 1, sparking swift retaliation and sending world trade into uncharted territory.
February 3, 2025
·
By Andrea Hotter
Insights
Market resilience in face of Trump’s mineral policy
Critical minerals sector braces for policy upheaval under Trump while experts predict market fundamentals and Republican state interests will preserve industry momentum
January 31, 2025
·
By Julienne Raboca
Insights
Trump’s second splash in steel will ripple for years: Circular Steel Summit
US President-elect Donald Trump’s second term in office will hit the US steel market hard and fast, delegates heard at Fastmarkets’ second annual Circular Steel Summit on Wednesday January 15 in Houston, Texas.
January 16, 2025
·
By Dan Hilliard
Insights
Trade turmoil and the future of critical minerals | 2025 preview
Trade tensions and critical minerals: 2025 outlook on disruptions, supply chain diversification, and local production strategies.
January 15, 2025
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By Jon Stibbs, Solomon Cefai, Sahil Shaw, Caroline Messecar, Julienne Raboca, the Fastmarkets team
Insights
Biden blocks $15 billion US steel sale to Nippon Steel over national security
President Joe Biden has followed up on his threat to block the $15 billion acquisition of US Steel by Japan’s Nippon Steel.In a statement released early on Friday January 3, President Biden cited national security concerns for his decision, despite US Steel’s own objections and an inconclusive Committee on Foreign Investment in the United States […]
January 6, 2025
·
By Dan Hilliard
Insights
Security to replace climate as ‘north star’ of US minerals policy under Trump 2.0
A second Trump administration would reorient US critical minerals policy to prioritize security over climate concerns, former inaugural US Assistant Secretary of State for Energy Resources Frank Fannon said during a fireside chat at the Resourcing Tomorrow conference in London on Tuesday December 3.
December 6, 2024
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By Julienne Raboca
Insights
Green steel in focus: five key questions answered by experts
With the race to decarbonize the steel sector gathering pace around the world, Fastmarkets reached out to subject experts in Europe, to discuss the major challenges and opportunities that lie ahead in the new, green steel landscape.
December 2, 2024
·
By Julia Bolotova
Insights
Latvia to build first Baltic renewable fuel plant at Port of Riga
A renewable fuel production facility for hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF) is set to be established at the Port of Riga, Latvia, making it the first of its kind in the Baltics, the port announced on Tuesday November 26.
November 28, 2024
·
By Misha Simonovska
Insights
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