The United States will increase duties on more than a hundred types of Russian metals, minerals and chemicals, the Joe Biden administration announced...
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The United States will increase duties on more than 100 types of metals, minerals and chemicals from Russia
SSAB Americas raises flat steel prices
An American sheet steel producer has decided to triple its prices since the start of this month....
Electric vehicles will play a key role in US aluminum production growth - Norsk Hydro
Norwegian company Hydro is currently building a 120,000 tpa aluminum extrusion plant in Cassopolis, Michigan, which could be operational by the end...
ArcelorMittal invests $120m in US green steel company
On Friday, Massachusetts-based Boston Metal announced a $120 million investment from the world's second-largest steelmaker, ArcelorMittal. Another...
The United States refused to comply with the decision of the WTO on tariffs on steel and aluminum
Five members of the WTO — China, Norway, Switzerland, Turkey and Hong Kong — called it "insulting" the United States' decision to appeal...
Nucor Rolls First Steel Sheet at New Kentucky Steel Plant
Nucor Steel Brandenburg in Brandenburg, Kentucky, is currently the only steel mill in the United States and one of the few in the world capable of...
The US continued to reduce steel imports in December year-on-year
According to the US Department of Commerce, 1.98 million tons of steel import permits were issued in December 2022, down 24% from December 2021....
Prices for hot-rolled coil in the US are rising despite the lack of demand before the holidays
U.S. hot rolled coil (HRC) spot prices rose this week as mills continued to raise prices even as the market slowed down ahead of the Christmas...
U.S. tariffs on steel and aluminum imports violate international trade rules - WTO
The World Trade Organization Commission has determined that US tariffs on steel and aluminum are inconsistent with international trade obligations...
The United States imposed a ban on the import and sale of equipment from Huawei, ZTE and a number of other Chinese companies
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Ukraine and the United States announced cooperation in the field of small modular nuclear reactors
Special Representative of the President for Climate Issues John Kerry and Minister of Energy of Ukraine German Galushchenko agreed on cooperation in...
US and EU agree to speed up steel talks
Another meeting of the US-European Trade and Technology Council is scheduled to be held in the United States before the end of the year....
US imposes new restrictions on high-tech exports to China
The US authorities on Friday imposed new restrictions on the supply of advanced chips and semiconductor manufacturing equipment to China to prevent...
US hydrogen prices to drop to zero dollars per kg in 5 to 6 years: Platts
U.S. green hydrogen production costs will fall below $0/kg by the end of the decade, driven by the Biden administration's subsidies and soft lending...
The US will prioritize budgetary purchases of steel and metal products with a low carbon footprint
New actions under the federal Buy Clean initiative were announced by Secretary of Transportation Pete Buttigieg, US General Services Administration...
Financial giant Goldman Sachs begins massive layoffs
Goldman Sachs typically cuts between 1% and 5% of its underperforming employees each year, but cuts in 2022 are likely to be well above the right...
Deere invests billions in self-driving tractors
The American company announced that it intends to enter the market of software for agricultural machinery to make its work more efficient....
US chip makers caught in crossfire of sanctions
Nvidia and AMD will lose millions of dollars in lost profits as a result of increased tensions between the United States and China and as a result of...
Ford will sharply increase car prices due to a doubling in the price of raw materials for batteries
The Ford Mustang Mach-E was so popular that the automaker had to close orders for the 2022 model back in April, citing an inability to meet further...
Electric vehicle manufacturers switch from aluminum to steel for bodywork
Electric vehicle manufacturers are choosing steel over aluminum as the metal of choice for car bodies, said a top executive at the largest U.S....
US Department of Energy predicts 4,000% growth in demand for lithium and graphite
The US Department of Energy says it has a comprehensive strategy to increase domestic feedstock production and manufacturing capacity, which will...
Evraz decided to get rid of its assets in the US and Canada
In order to sell American assets, Evraz, whose majority stake is owned by billionaires Roman Abramovich, Alexander Abramov and Alexander Frolov, will...
The world's first contract for the supply of a 1 GW hydrogen electrolytic cell was signed
U.S. hydrogen fuel producer Plug Power has signed a contract with H2 Energy Europe to supply vehicles for a subsidized project in Denmark....
Canadian scientists have proposed to "collect" CO2 from the atmosphere using railways. wagons
Direct air capture technology using special rail cars removes carbon dioxide from the air and compresses it for sequestration or disposal....
The US market may begin a collapse in prices for thick sheet
Too much price difference between hot rolled coil and steel plate cannot last for a long time. Analysts expect a sharp decline in steel sheet prices...
US steel prices fall to December 2020 levels
U.S. hot rolled coil (HRC) prices have dropped below $1,000/ton this week, falling to levels not seen since December 2020....
The United States refused to impose duties on Russian metals and increase tariffs on iron imports
Earlier, within the framework of depriving Russia of the “greatest assistance” status, the United States announced an increase in duty rates on more...
An Australian company has signed a contract with the US Department of Defense for the production of rare earth elements
U.S. industry will provide access to domestically produced heavy rare earth elements...
The United States imposed sanctions against the chairman of Severstal Alexei Mordashov
Almost immediately after the announcement of the sanctions, Severstal was disconnected from American software, including the software necessary for...
