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The European Commission says it sees no justification for the US policy of reciprocal tariff measures The European Commission (EC) has said it sees no justification for the proposed policy of ‘recipr

More than 66% of deliveries are to Turkey In January-February 2025, EU companies specializing in ferrous scrap operations reduced their exports of raw materials to third countries by 0.1% compared to

According to European officials, the situation is fluid, and the details and scope of duties may change The European Union estimates that the first wave of the Trump administration’s tariffs on steel

Thus, it is proposed to free companies from bureaucratic red tape The European Commission may consider exempting 80% of companies that will be covered by the CBAM from the border carbon tax. This was

The deposit rate will be 3% On December 12 this year, the European Central Bank (ECB) again cut all three key interest rates by 25 basis points (bps). This is stated in the regulator’s message. The d

As of April, this goal was achieved by about 591 million tons of capacity The China Iron and Steel Association (CISA) is confident that 80% of the country’s steel production capacity will complete ul

Shipments increased by 40.8% y/y and 10.1% m/m China’s steel exports in October 2024 increased by 10.1% compared to the previous month – to 11.18 million tons. Shipments increased by 40.8% compared t

The company implements steel hydrogen solutions Chinese steelmaker HBIS Group is closely monitoring the development of hydrogen energy and accelerating its comprehensive green transformation. This wa

Imports of iron ore decreased by 7.8% y/y over the period In January-March 2025, China increased its exports of steel products by 6.3% compared to the same period in 2024, to 27.43 million tons. Thus

Stelco and ArcelorMittal raise prices for Canadian customers amid limited access to US market Canadian steelmakers Stelco and ArcelorMittal announced a C$100 per short tonne increase in steel prices