The US has stepped up calls for its allies to accept higher costs for sourcing critical minerals outside China, arguing that supply chain security must take precedence over price efficiency – a stance that is reshaping expectations across metals markets but has yet to translate into durable pricing support.

Fastmarkets has corrected its EN-BD-0032 Renewable diesel, del Los Angeles, $/gal assessment that was published incorrectly on Friday April 17 due to a reporter error.

Fastmarkets has corrected the price for MB-STE-0524 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton, weekly composite, which was published incorrectly on April 10 and April 17 at $449 per gross ton due to a procedural error. It has been corrected to $450 per gross ton.

North American automotive OEMs are navigating one of the toughest cost pressures today: raw material volatility. As supply chains become more localized through USMCA, the IRA, and reshoring, manufacturers continue to face rising material price risks.

US steelmakers faced a “robust opportunity” in the data center construction boom, driven by rapid implementation of artificial intelligence software, according to Barry Zekelamn, executive chairman and chief executive officer of Zekelman Industries.

As major mills in the US steel industry inch closer to reinvestment decisions to reline their blast furnace operations, there is a window of opportunity to spur decarbonization in the already carbon-intensive sector, Rocky Mountain Institute (RMI) told Fastmarkets in an interview on Tuesday April 14.

For decades, tungsten sat on the margins of US industrial policy. Despite its essential role in armor piercing munitions, aerospace alloys and advanced manufacturing, the ultra hard metal was sourced overwhelmingly from China, while US domestic mining faded from view.

Aluminium markets in the US and Mexico are facing an unprecedented mix of geopolitical disruption, trade policy shifts and tightening supply conditions.

The Canada HRC hot-rolled price hovered around C$55 ($40) per hundredweight as market participants reacted with dismay to new US policies that affect the way tariffs are calculated on derivative metals products.

Fastmarkets launched two new aluminium scrap prices on Thursday, April 9, adding to Fastmarkets’ suite of recycled non-ferrous metals price assessments. The launch will elevate and expand Fastmarkets’ aluminium scrap coverage by including the following grades: Section 232 tariffs and the resulting high aluminium premiums have led to increased costs and rising interest in recycled […]