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Trump: US to go ahead with tariffs on Canada and Mexico as scheduled
*US President Donald Trump has confirmed that the US will proceed with its plans to impose a 25% additional tariff on imports from Canada and Mexico, as scheduled*, according to media reports. Earlie...
Feb 27, 2025
0 1780
News


EC to discuss future of steel industry in face of market challenges
The European Commission is launching a Strategic Dialogue on Steel to chart a new course for the European steel industry, which is currently grappling with a range of unprecedented challenges, includi...
Feb 27, 2025
0 1700
News


EU receives first requests from non-OECD countries for inclusion on WSR list
The European Commission has unveiled a major update to the Waste Shipments Regulation (WSR), introducing tighter rules on waste exports to non-OECD countries, including a full ban on such exports by M...
Feb 27, 2025
0 1983
News


Rumors about steel output cuts in China support futures, but fail to push up spot prices much
Today, Wednesday, February 26, news has emerged about China planning to cut crude steel production in the 2025-2027 period, bolstering the weak market sentiments seen early this week. Nevertheless, mo...
Feb 27, 2025
0 1723
News


Ukraine Exported 49.9 Thousand Tons of Long Steel Products in January
Ukraine’s steel industry continues to navigate complex market conditions, exporting *49.9 thousand tons* of long steel products in January. Despite geopolitical and economic challenges, the country re...
Feb 26, 2025
0 1789
News


US Steel Trade Trends: Structural Pipe and Tube Exports Drop as Plate-in-Coil Imports Surge in December
New trade data from December highlights a significant divergence in the U.S. steel market. Structural pipe and tube exports declined by 19.1% compared to November, reflecting weaker demand for U.S.-ma...
Feb 26, 2025
0 1983
News


US senators seek to strengthen trade remedy laws against China's "unfair trade practices"
US senators Todd Young and Tina Smith have introduced legislation to strengthen US trade remedy laws and ensure they remain effective tools to fight against unfair trade practices. Besides improving t...
Feb 26, 2025
0 1943
News


Outokumpu to procure molybdenum from Greenland for stainless steel production
Finland-based stainless steel producer Outokumpu has announced that it has signed an agreement with Canadian miner Greenland Resources Inc. for the supply of molybdenum at a competitive price for 10 y...
Feb 26, 2025
0 2157
News


EU expects €28 billion loss in exports due to US steel and aluminum tariffs
According to a report by Bloomberg, the first round of the US president Donald Trump's new steel and aluminum tariffs is expected to cost the European Union member states up to €28 billion in lost exp...
Feb 26, 2025
0 1618
News


Indonesian steelmaker to invest in zero-carbon HRC technology for exports to Europe
Indonesia-based private steelmaker Gunung Raja Paksi Tbk (GRP) has entered into a multi-million-dollar deal with UK-based plantmaker Primetals Technologies to become the first steelmaker in Asia, outs...
Feb 26, 2025
0 1837
News


India and UK resume talks on FTA under cloud of US tariff threats
India and the UK are resuming negotiations on a free trade agreement (FTA), after almost a year's hiatus and are setting a target of increasing bilateral trade to $40 billion from $20 billion at prese...
Feb 26, 2025
0 1747
News


UK energy-intensive industries: Zonal pricing will hurt renewable energy projects
In a letter to the UK government, the unions and associations from the UK's energy-intensive industries, including steel, glass, ceramics, and renewable energy, have urged the government to immediatel...
Feb 26, 2025
0 1678
News
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