Mid-year commodity market outlook: Tariffs, CBAM and the forces shaping 2025
This mid-year review report, alongside our latest webinar on the same topic, explores the macroeconomic and geopolitical trends that have shaped global commodity markets in the first half of the year. It focuses on the impacts of escalating trade tensions, evolving US fiscal and green energy policy and global climate initiatives on sectors including steel, aluminium and clean energy technologies. Drawing on CRU’s top 10 calls for 2025, the analysis assesses key forecasts, current developments and anticipated risks and opportunities for the remainder of 2025.
Outlook 2025 Report: Global Commodity Markets Trends
The world today is more volatile and uncertain than ever before. Climate change, the energy transition, and shifting geopolitical dynamics are creating significant challenges, but also extraordinary opportunities for the metals, mining, and
commodity sectors.
At CRU, we’ve identified the key trends that we believe will shape 2025, and we are delighted to share these insights in this commodity trends report.
If you are looking to delve deeper into any of the subjects raised within the report or wish to discuss specific project requirements, contact us and we'll be happy to help.
Mark Jeavons, Head of Sustainability - CRU
