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China steel and iron ore: Liaoning research trip takeaways
Wood Mackenzie participated in a week-long research activity from 7 to 11 April 2025. We visited three domestic iron ore mines and three large stee...
2025 zinc benchmark TC: a new era or a strategic move?
The 2025 annual zinc benchmark contract treatment charge is understood to have been settled. Terms fell dramatically to less than half of last year...
Scenario analysis of US auto tariffs’ impact on steel
Wood Mackenzie has conducted a scenario analysis on how the US automobile tariffs could affect the steel industry. Please refer to our insight to u...
China's Emission Trading Scheme expanded to the steel industry
China's expansion of its Emission Trading Scheme (ETS) to the steel industry by 2025 signals a major shift in global steel markets. This move, part...
Value-in-use iron ore costs Q1 2025
The average global value-in-use (VIU) iron ore cost for Q1 2025 is US$55.6/t (62% Fe fines basis, CFR China). This cost is down 7.2% from the previ...
European decarbonisation: The risks of a stalled transition
Despite the looming approach of Europe’s Carbon Border Adjustment Mechanism (CBAM) and the associated scale-back of the free allocations under the ...
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