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....
North America
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...
Elon Musk wants to lay off 10,000 Tesla workers due to 'very bad feeling'
Musk's gloomy prediction of a looming US recession echoes recent comments from executives including JPMorgan Chase CEO Jamie Dimon and Goldman Sachs...
US imposes preliminary anti-dumping duties on Russian oil and gas pipes
Earlier, the US Department of Commerce announced the introduction of preliminary countervailing duties on Russian oil and gas pipes....
Canada canceled the duty imposed 20 years ago on Ukrainian steel
During the next revision of duties introduced in 2001 on hot-rolled carbon and alloy steel sheet and strip from Brazil, China, India and Ukraine,...
US suspends 25% duty on steel imports from Ukraine for a year
The decision to suspend duties on the import of Ukrainian steel, introduced by Donald Trump in 2018, was taken by Washington to demonstrate support...
The United States banned the sale of knives and refrigerators to Russia
Washington has expanded the category of Russian Industry Sector sanctions, which now apply to the export to Russia of American equipment for oil and...
Canada will cancel all import duties for goods from Ukraine
Today, most goods from Ukraine are already imported into Canada duty-free under the Canada-Ukraine Free Trade Agreement (CUFTA), but duties still...
Exports of thermal coal from the United States reached an annual maximum in March
U.S. coal prices averaged $508.91/tonne in March, up 40% from the previous month and up 246.5% from last year....
Elon Musk challenges billionaires
Companies funding groups of politicians attack his purchase on Twitter...
US steel market sentiment becomes more price neutral
Most of the respondents surveyed by Platts attributed the stability of U.S. steel prices to declining scrap prices, but Russia's incursion into...
US Steel plans to replace half of all supplies of metallurgical raw materials against the background of the war in Ukraine
A US steel company with assets in the European Union is stepping up work on the transition to its own pig iron and is looking for alternative sources...
Elon Musk sells $8.5 billion worth of Tesla shares
Tesla shares plummeted earlier this week amid speculation that Musk would sell part of his stake in the automaker to fund a deal....