The U.S. steel industry is currently supported by a two-pronged tariff system. Antidumping and Countervailing Duties (AD/CVD) began to be assessed under President Obama and continued under Presidents Trump and Biden. Section 232 tariffs can be imposed for national-security reasons; the tariff is a blanket 25% on all types of steel.
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United States December 26,2024 05:00 AM
Amid weakness of the economies of Turkey and the EU, the state of the market will increasingly depend on the actions of…
United States December 17,2024 08:00 AM
American steel company, Cleveland-Cliffs, has announced an increase in prices for hot rolled steel (HRC) to $800 per short…
United States December 16,2024 06:00 AM
Ten European Union (EU) countries have proposed further sanctions on Russian trade, including its output of metals such…
United States December 12,2024 08:00 AM
In the tender, Toyota Tsusho Material was awarded 15,000 tonnes of Japanese H2 grade scrap for shipment by 31 January at…
United States December 10,2024 07:00 AM
India plans to ramp up coal-powered steelmaking capacity could impede the country's goal of net-zero carbon emissions by…
United States December 09,2024 05:00 AM
Ukraine has increased its steel production so far in 2024 by 23.1% to 7 million metric tons, data from the country's steel…
United States December 03,2024 06:00 AM
U.S. President-elect Donald Trump said on Monday a series of tax incentives and tariffs will revive storied American firm…
United States November 25,2024 06:00 AM
An expert opinion on the financial needs of Thyssenkrupp's (TKAG.DE) crisis-hit steel division has given a positive view…
United States November 22,2024 06:00 AM
ArcelorMittal , the world's second-largest steelmaker, said on Friday it is delaying planned green investments, blaming…
United States November 15,2024 08:00 AM
European steelmakers are calling on the European Commission to limit scrap exports so that the bloc can achieve its sustainable…
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