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Seaborne iron ore prices are on the rise due to increased trading activity and stable market fundamentals, highlighting steady demand and opportunities for growth while emphasizing the importance of monitoring market trends to manage risks effectively.
The recent doubling of Section 232 tariffs to 50%, announced by President Trump, has introduced significant uncertainty to the US steel market, with traders reporting disruptions to imports, paused domestic mill quotes and concerns over potential price increases amid modest demand. Industry participants are now assessing how the additional costs will be absorbed across the supply chain.
Carbon registry Verra announced on Friday May 23 a delay in the release of the final deforestation risk maps required under the Reducing Emissions from Deforestation and Forest Degradation (REDD+) methodology VM0048. The registry said that the delay is intended to ensure the data meets Verra’s standards for high quality and to enhance transparency throughout the data development process.
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our June survey.
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We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles. Find out how our price reporters and analysts assess and forecast prices in agriculture, forest products and metals
The definitive podcast for the critical minerals and battery raw materials markets. From uncovering market secrets to predicting future trends using Fastmarkets forecasting data, we’ve got you covered.
In Hotter Commodities, special correspondent Andrea Hotter cuts to the chase on the biggest stories impacting the natural resources sector, what it means for the markets, the key risks and opportunities.
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