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Trump Considers Halting Tariff Escalation with China; TikTok Deal on Hold
Former U.S. President Donald Trump has signaled a possible shift in tone toward China, suggesting that while current tariffs on Chinese imports remain, the U.S. may avoid escalating them further. Trum...
4月 18, 2025
0 1495


UK Increases Export Finance Support to Counteract Tariff Impacts
In light of recent US-imposed tariffs, the *UK government* has announced an expansion of export finance support by £20 billion, elevating the total lending capacity of UK Export Finance to £80 billion...
4月 17, 2025
0 1421


Turkey Exhausts EU Steel Import Quotas for Second Quarter
As of April 11, *Turkey* has exhausted its allocated EU steel import quotas for the second quarter, covering products such as rebar, wire rod, and hollow sections.​ In response, the *European Commiss...
4月 17, 2025
0 1503


Ukraine's Economic Recovery Stalls, Remaining 23% Below Pre-War Levels in 2024
In 2024, *Ukraine's economy* showed signs of stagnation, with GDP growth slowing to 2.9% year-over-year, leaving the economy 23% below its pre-war levels.​ Key factors impeding recovery include ongoi...
4月 17, 2025
0 1141


India Moves to Enforce Quality Standards on Steel Pipes, Tubes, and Fittings
*The Indian government is preparing to bring steel pipes, tubes, and fittings under a mandatory Quality Control Order (QCO)*, according to official sources on *Wednesday, April 16*. The *proposed QCO...
4月 17, 2025
0 1382


U.S. Finalizes Countervailing Duty Rates on South Korean Stainless Steel Imports
*The U.S. Department of Commerce (DOC) has released the final results* of its *administrative review* of the *countervailing duty (CVD) order* on *stainless steel sheet and strip in coils (SSSS in coi...
4月 17, 2025
0 1375


WTO Slashes 2025 Global Trade Forecast Amid Rising Uncertainty
*The World Trade Organization (WTO) has significantly downgraded its global merchandise trade forecast for 2025*, now predicting a *0.2% year-on-year decline*, a sharp reversal from the *previously pr...
4月 17, 2025
0 1242


India Aims to Enhance Domestic Ferrous Scrap Production
In response to a significant reliance on imported ferrous scrap, *India's Ministry of Steel* is developing a comprehensive strategy to increase domestic scrap production. Currently, imports account fo...
4月 17, 2025
0 1233


ArcelorMittal Kryvyi Rih Challenges Increased Tariff Distance by Ukrainian Railways
ArcelorMittal Kryvyi Rih, Ukraine's largest mining and metals company, has raised concerns over a recent decision by Ukrainian Railways to increase the tariff distance for transporting its products by...
4月 17, 2025
0 1330


Salzgitter AG Ends Takeover Talks, Focuses on Cost Efficiency and Market Opportunities
Germany’s Salzgitter AG has officially ended takeover negotiations with a consortium comprising GP Günter Papenburg and TSR Recycling. The termination followed unresolved differences over the company’...
4月 16, 2025
0 1327


U.S. Steel Exports Experience Significant Decline in February 2025
U.S. steel export volumes saw a sharp contraction in February 2025, reflecting weakened international demand and shifting global trade dynamics. *Key Statistics:* *Total exports* reached *395,000 met...
4月 16, 2025
0 1287


POSCO Considers Investment in Hyundai Steel's U.S. Plant to Navigate Trade Measures
South Korea's leading steelmaker, *POSCO*, is contemplating a strategic investment in *Hyundai Steel's planned $5.8 billion steel plant in Louisiana*. This move is seen as a response to the *25% tarif...
4月 16, 2025
0 1299
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