US futures moved into positive territory on Wednesday April 30, on bargain buying following double-digit declines observed on Tuesday April 29.

Ford Motor Company will offset $1 billion of an expected $2.5 billion exposure from tariffs and remains “on track and within our original full-year guidance range of $7 billion-8.5 billion” in operating earnings for 2025, Jim Farley, president and chief executive officer, said during the automaker’s first-quarter earnings call on Monday March 5.

A dominant theme at this year’s Geneva Dry Conference for the dry bulk shipping industry was the effects to be expected from the imposition of new environmental regulations.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our May survey.

The UK government published a draft primary legislation for its carbon border adjustment mechanism (CBAM) on Thursday April 24, with aluminium, iron and other steel goods all set to come under the policy.

An investigation in Germany into an entity active in the supply of hydrotreated vegetable oil (HVO) in the domestic market has reached a standstill, following an official update from the country’s government.