Canada Prepares Retaliatory Measures in Response to U.S. Steel Tariffs In response to the U.S. administration’s decision to double tariffs on steel and aluminum imports to 50%, Canada is preparing a comprehensive retaliatory plan. Prime Minister Mark Carney and U.S. Pres...
Nippon Steel and U.S. Seek Additional Time to Finalize Acquisition Deal Nippon Steel and the U.S. government have jointly requested an eight-day extension of a litigation pause to finalize negotiations regarding Nippon’s proposed $14.9 billion acquisition of U.S. Steel. T...
Vietnam Extends Anti-Dumping Investigation into Chinese and South Korean Steel Vietnam’s Ministry of Industry and Trade (MOIT) has announced an extension of its anti-dumping investigation into certain coated steel products imported from China and South Korea. The probe, initiate...
U.S. Industry Petitions for Trade Probes on Rebar Imports from Algeria, Bulgaria, Egypt, and Vietnam A coalition of major U.S. steel producers has filed a petition seeking *antidumping (AD) and countervailing duty (CVD) investigations* into *rebar imports from Algeria, Bulgaria, Egypt, and Vietnam*, ...
U.S. Finds No Dumping in Belgian Stainless Steel Plate Imports During Latest Review The *U.S. Department of Commerce (DOC)* has issued *preliminary results* in its latest administrative review of antidumping duties on *stainless steel plate in coils from Belgium*, determining a *zero...
Cleveland-Cliffs Cancels $500M Hydrogen Steel Project Amid Hydrogen Supply Issues and Policy Uncertainty *Cleveland-Cliffs Inc.*, a major U.S. mining and natural resources firm, has *scrapped its planned $500 million hydrogen-based steel plant* in Middletown, Ohio, citing *insufficient availability of cl...
Brazil Weighs Response as U.S. Raises Steel Import Tariffs to 50 Percent *Brazil is taking a cautious yet strategic approach to the United States’ decision to double its steel import tariffs to 50 percent*, according to Marco Pollo Melo Lopes, executive president of the Br...
Ashry Steel to Invest Over €600 Million in New Stainless Steel Pipe Plant in Egypt *Egyptian steel manufacturer Ashry Steel Group has announced plans to invest more than €600 million ($685 million) in the construction of a new stainless steel pipe plant*, according to local media re...
EUROFER: New EU trade measures needed in face of US tariffs *The European Steel Association (EUROFER) has called for immediate action from the European Commission in response to the United States' decision to double tariffs on steel imports to 50 percent.* The...
Jindal Stainless Secures Clean Energy Supply *Jindal Stainless Limited (JSL)* has acquired a stake in a *special purpose vehicle (SPV)* to develop *282 megawatts (MW) of hybrid renewable energy*, marking a major step in the company's clean energ...
EU Drops Antidumping Probe on Chinese Seamless Pipe Imports After Complaint Withdrawal The *European Commission has officially terminated its antidumping investigation* into imports of certain *seamless steel pipes from China*, following the withdrawal of the original complaint by the *...
U.S. Races to Finalize Trade Deals Before Tariff Hike, Global Leaders React Sharply The *United States is urging trade partners to submit their final offers by Wednesday, June 4*, as it prepares to implement a *sharp increase in tariffs on steel and aluminum imports*. The Biden admi...
