• 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.
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    • The expansion of Section 232 steel tariffs is creating ripples across the US supply chain, affecting industries far and wide. From the escalating cost of raw materials to shifts in demand and production strategies, businesses are adjusting to the new realities of a tariff-driven market.
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    • US steel tariffs have sparked strong reactions, reshaping global trade and leaving the steel market in flux. This article explores the key impacts of these tariffs on market trends, industry players, and trade policies. From policy goals to resulting uncertainties, gain insight into how these measures are influencing the future of steel and global markets.
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    • 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.
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    • Fastmarkets has reduced the frequency of publication of its steel billet index export, fob Black Sea, CIS, due to lower market liquidity. The change follows a month-long consultation period with most feedback supporting the decision. The proposal was published on February 6 and the consultation ended on March 6. The new specifications are listed below, with the […]
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    • Fastmarkets has corrected its MB-STE-0149 steel scrap heavy scrap domestic, delivered mill China, which was published incorrectly on Friday March 7.
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    • Fastmarkets’ weekly price assessment for steel billet import, cfr main port Turkey was published incorrectly as $450-490 per tonne on March 6. This has been corrected to $455-490 per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets physical steel package. For more information or to provide feedback […]
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    • 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.
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    • 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 […]
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    • Tariffs on steel and aluminum will raise US car prices, increase production costs, and squeeze profit margins. Smaller car companies may struggle to compete, while retaliatory actions could disrupt the global auto market, reshaping manufacturing and trade industry-wide.
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