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Trump Tariffs: EU Warns of Counterstrike, High Steel Prices
European bodies recently criticized U.S. President Donald Trump’s order to introduce tariffs on all steel and aluminum imports entering the country. Meanwhile, experts at home
European bodies recently criticized U.S. President Donald Trump’s order to introduce tariffs on all steel and aluminum imports entering the country. Meanwhile, experts at home
Tata Steel recently appointed its main contractor for the installation of two planned electric arc furnaces at its Port Talbot works in Wales. As the
According to the World Steel Association, global crude steel production in 2024 declined by about 1% year-on-year. With the data released, organizations now want to
“The import market is slow right now. We have seen a lot of pressure on imports,” one trader said on January 24. They were referring
Specialty and stainless longs producer Swiss Steel recently reached an agreement on a plan to reduce the workforce at its production site in Lucerne Canton,
Steel imports into the European Union rose by an average of more than 12% year on year in the first ten days of Q1 2025.
The EU Steel industry could witness some changes that could strengthen its place in the global steel market. German steelmaker and longs producer Südwest Beteiligungen
The UK government’s Department for Business and Trade has set up a committee called the Steel Council to secure long-term steelmaking in the country, where
In response to an ongoing crisis threatening the EU steel industry, the European Commission recently initiated a review of steel safeguards on imports. The move
Prices for hot rolled coil in Western Europe have risen further in the past month as mills seek to regain lost revenue from the declines