The European steel and aluminium scrap industries urged the European Commission on Wednesday January 15 against taking action to curb scrap exports after domestic industry metals producers backed measures to do just that.

Renewed US-China trade tensions with Donald Trump’s second presidential term could bolster Southeast Asia’s aluminium scrap industry in 2025, particularly amid still-growing Chinese demand, sources told Fastmarkets by Tuesday, January 14.

European steel and aluminium producers have urged the European Commission to take immediate and effective action to tackle "scrap leakage" so that the European Union can meet its sustainable development aims and secure industrial competitiveness.

Fastmarkets is inviting feedback on the pricing methodology for aluminium primary foundry alloy silicon 7 ingot premium, ddp Germany and ddp Eastern Europe ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts in January 2026.

Fastmarkets has corrected its MB-AL-0350 aluminium ingot ADC 12, exw dp China assessment, which was published incorrectly on Tuesday December 24, 2024.

“Trump Tariffs” will be back in 2025 and commodities markets are bracing for the impact.

Fastmarkets invites feedback on the pricing methodology for its aluminium 6063 extrusion billet premiums ddp Italy, ddp North Germany and ddp Spain ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts from January 2026.

Fastmarkets is to amend the timing window for its MB-AL-0381 aluminium low-carbon differential P1020A from Friday December 6.

The news that President-elect Donald Trump is considering additional tariffs on goods from China as well as on all products from US trading partners Canada and Mexico has spurred alarm in the US aluminium market at a time that is usually known to be calm.

Fastmarkets proposes to lower the frequency of its assessments for MB-AL-0389 aluminium low-carbon differential P1020A, US Midwest and MB-AL-0390 aluminium low-carbon differential value-added product US Midwest. Fastmarkets also proposes to extend the timing window of these same assessments to include any transaction data concluded within up to 18 months.