EU imposes import quotas on finished steel from South America, violating historic Mercosur trade agreement

EU imposes import quotas on finished steel from South America, violating historic Mercosur trade agreement

Two months after the historic free trade agreement between the EU and Mercosur entered into temporary force on May 1...

EU steelmakers welcome new quota system, UK industry warns of problems with market access

EU steelmakers welcome new quota system, UK industry warns of problems with market access

The recently unveiled EU trade measure, which replaces the previous protective regime with a new one...

EU steel production measure: How will the EU quota for steel imports be distributed?

EU steel production measure: How will the EU quota for steel imports be distributed?

EU steel production legislation limits the amount of steel that can be imported duty-free into the EU to 18.3 million tons...

Wayve attracts automakers with an artificial intelligence system for driving a car that learns like a human.

Wayve attracts automakers with an artificial intelligence system for driving a car that learns like a human.

Wayve is attracting significant interest from investors and industry representatives, as developers of autonomous driving systems are gaining...

Assofermet supports the Codacons manifesto "Steel is a strategic resource for Italy".

Assofermet supports the Codacons manifesto "Steel is a strategic resource for Italy".

The Italian Association of Distributors of Scrap, Raw Materials and Steel (Assofermet) has announced this...

UK Steel and Tata seek to improve EU quotas

UK Steel and Tata seek to improve EU quotas

UK Steel and Tata Steel are committed to further improving the recently published EU import data...

Review of global steel production and production capacities conducted by MEPs

Review of global steel production and production capacities conducted by MEPs

Thyssenkrupp's plans to spin off its steel division, delays in the release of Tata Steel's electric steelmaking furnaces in the UK, and...

EU quota allocation stuns Italian roll buyers and importers

EU quota allocation stuns Italian roll buyers and importers

The recently published quota allocation by the European Commission in accordance with the new Regulation on trade measures...

Rising inflation threatens to restore demand for stainless steel

Rising inflation threatens to restore demand for stainless steel

The inflationary cycle caused by the war in the Middle East is forcing central banks to shift their focus to raising interest rates, potentially...

The demand of Chinese automakers for microchips contributes to the strengthening of the national self-sufficiency system

The demand of Chinese automakers for microchips contributes to the strengthening of the national self-sufficiency system

Chinese automakers are accelerating efforts to reduce dependence on foreign semiconductors, repeating a strategy that helped them dominate...

EU introduces stricter steel import quotas and new distribution structure

EU introduces stricter steel import quotas and new distribution structure

The European Commission has announced country-specific quotas as part of its new steel import plan...

The European Commission confirms the allocation of steel quotas and preferences under the free trade agreement

The European Commission confirms the allocation of steel quotas and preferences under the free trade agreement

The European Commission has published the distribution of quotas by country for regulating steel production, which will be...

Revision of steel quotas in the EU complicates the work of importers

Revision of steel quotas in the EU complicates the work of importers

The European Commission published the allocation of steel import quotas for specific countries just a day before new protective measures to regulate...

Production in North Rhine-Westphalia has decreased by 20% in a decade

Production in North Rhine-Westphalia has decreased by 20% in a decade

North Rhine-Westphalia, Germany's largest steel production and processing state, lost...

"Green steel" looks viable at limited production costs: study

"Green steel" looks viable at limited production costs: study

German steel companies can withstand international competition with environmentally friendly companies...

ISTA expresses concern about the final import quota values

ISTA expresses concern about the final import quota values

The British International Steel Trade Association (ISTA) expressed concern about the incoming orders...

Europe's transition to "green steel" requires $400 billion: Bloomberg

Europe's transition to "green steel" requires $400 billion: Bloomberg

The transition from a coal-fired blast furnace using basic oxygen (BF-BOF) to an electric arc furnace (EAF)...

The carbon tax at the EU border is having a hard time adjusting to exports

The carbon tax at the EU border is having a hard time adjusting to exports

Despite the restrictions imposed by global trade rules, the Commission has promised to find a permanent solution for...

Import plays a role: 7 Steel

Import plays a role: 7 Steel

Imports will play a role in the UK steel market, even with reduced tariff quotas.[7]...

Sideralba acquires a new company

Sideralba acquires a new company

The Italian steel mill and pipe manufacturer Sideralba has acquired a manufacturing facility in Misinto...

German factories report minor disruptions due to extreme heat

German factories report minor disruptions due to extreme heat

Last week's record temperatures did not cause noticeable disruptions in steel logistics...

French steel prices decline due to weak refining

French steel prices decline due to weak refining

Prices for long and flat products in France are decreasing by about 15-20 euros per ton (17.1-22.0 dollars per ton) in general...

Why do automakers want to soften the EU's local content plan to protect low-cost production

Why do automakers want to soften the EU's local content plan to protect low-cost production

The EU's proposed rules for local "Made in Europe" content could undermine the low-cost car production strategies of Renault,...

IMF: Shipping and supply chains need time to normalize after Strait of Hormuz reopens

IMF: Shipping and supply chains need time to normalize after Strait of Hormuz reopens

Julie Kozak, Director of Communications at the International Monetary Fund (IMF), commented on this fact...

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