According to market participants, domestic prices for hot-rolled coils in Europe were generally stable on April 15....
Business and Finance
U.S. import duties do not apply to aluminum and steel
Other US duties were already announced on steel and aluminum, so in this case the White House decided not to take additional measures....
Fitch Ratings predicts further rise in metal prices due to global geopolitical tensions
Geopolitical risks and growing investor concerns about inflation and sovereign debt should support prices in the short and medium term....
Copper prices have updated a five-month high due to the risk of duties in the United States
In New York, traders are willing to pay a record premium for copper to guarantee shipments to the United States....
EU changes in HDG and CRC quotas will hit imports
Initially, a more significant reduction in quotas was expected at the request of the European Steel Producers Association Eurofer. With the exception...
The EU may even more limit steel imports after the US decision on tariffs
The European Union is considering the possibility of further restrictions on the import of steel to protect its domestic market....
Trump adds secondary processing goods to the steel tariff
Trump administration is a list of 167 "derivatives" steel products to be included in tariffs in section 232 in the USA...
Trump adds secondary processing goods to the steel tariff
Trump administration is a list of 167 "derivatives" steel products to be included in tariffs in section 232 in the USA...
The return of the United States blocking duties to steel and aluminum will affect millions of tons of imports
Aluminum and steel were one of the first victims of tariffs enforced during the first period of President Donald Trump. The resumption of these...
Norilsk Nickel's largest investor Interros objects to Rusal's dividend claim
"Rusal" first filed the lawsuit in 2022, alleging that Norilsk Nickel CEO Vladimir Potanin violated the shareholders' agreement....
European metallurgists really want to introduce taxes invented by Donald Trump
Multiple sources say EU steel producers are lobbying for emergency import restrictions as cheap imports continue to flood the market....
The United States may introduce protective import duties on galvanized steel
U.S. galvanized steel buyers are becoming increasingly wary of imports following a petition calling for trade remedies against 10 countries....
Nippon Steel plans to invest more than a billion dollars in US Steel plants
The investment will be made after the completion of the acquisition of US Steel....
Growth in European steel industry due to ECB rate cuts will take time - MEPS
MEPS analysts suggest the European Central Bank's first interest rate cut will do little to revive the region's ailing steel industry in...
Global steel exports up 6.4% in 2023
The most exported steel products in 2023 were hot-rolled sheets and coils, the largest exporting country in 2023 was China...
German industry may not recover from energy crisis
As a survey conducted by the German Chamber of Commerce and Industry last September showed, 43% of large industrial companies intend to move their...
Korea lifts import tariffs on some stainless steel rods
Duties on stainless steel rods from Japan, India and Spain were last extended on January 22, 2021 for the fourth time in three years at rates of...
Ukraine lost another 42% of export revenue from ferrous metals trade in 2023
Statistics of Ukrainian exports of ferrous metals continued to deteriorate in 2023 after falling by 67.5% in 2022....
Five main market trends in the steel market in 2024 according to European analysts
European engineering company MEPS International has identified five key trends that will be critical to steel prices and market direction in 2024....
Strikes at major US auto plants are over. Losses exceeded $7 billion
The US auto industry is hoping for a return to business as usual after workers at the country's Big Three automakers agreed to new labor...
Stages of cold calling
This concept refers to actions related to identifying the client’s needs and pushing him to purchase....
Oil hits $95 a barrel amid supply concerns
Oil rises on concerns about supply shortages following recent production cuts by Saudi Arabia and Russia...
Metinvest continues to fulfill its financial obligations despite the war in Ukraine
Mining and metallurgical holding of Ukrainian businessman Rinat Akhmetov adheres to all obligations to creditors despite the hostilities in the...
EU investigates stainless steel exports from Indonesia
The European Commission has launched an anti-circumvention investigation into imports of cold rolled stainless steel flat products of Indonesian...
JSW Steel is considering buying a stake in Teck's coal division
The Indian steelmaker is in talks with banks about possible funding for the acquisition, which could be in the region of $2 billion....
Turkish exporters demand competitive exchange rate from new Erdogan government
Exchange rates should gradually reach their real value in order to maintain the competitiveness of Turkish steel exporters...
Elon Musk predicts a difficult year for the global economy
Musk stated that no business is immune and a cascade of corporate bankruptcies is expected. The techno-king made this prediction during Tesla's...
China is rapidly building up bank gold reserves
The People's Republic of China has been actively buying up gold for its reserves since the end of last year, and in the last two months alone,...
Gold could top record $2,300 an ounce on concerns over the global economy
The price of gold has been close to the all-time high of $2,075 an ounce in the past few days and could rise above a record $2,300 amid the ongoing...
Gold quotes in March closed with record growth since 2020
Demand for gold has increased as a safe-haven asset amid the situation in the banking sector. Earlier in March, it became known about the closure of...
