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trade - Latest news GMK Center

Photo – US steelmakers support Trump’s trade policy
US steelmakers support Trump’s trade policy

Industry associations are ready to cooperate for the development of the American steel industry

Photo – US launches a comprehensive review of its trade relations
US launches a comprehensive review of its trade relations

Trump also announced the introduction of a 25% duty on imports from Mexico and Canada

Photo – US tariffs will affect regional steel trade – Ternium CEO
US tariffs will affect regional steel trade – Ternium CEO

In 2024, Mexico will have a steel trade deficit with the United States of 2.3 million tons

Photo – ECB President calls for avoiding trade confrontation between the EU and the US
ECB President calls for avoiding trade confrontation between the EU and the US

Christine Lagarde warned that a trade war would lead to a decline in global GDP

Photo – Turkey strengthens its position in the Ukrainian steel market
Turkey strengthens its position in the Ukrainian steel market

Since 2021, Turkish steel products in total Ukrainian rolled steel imports has increased from 19% to 53%.

Photo – Ukraine resumed negotiations on joint control at checkpoints with the EU
Ukraine resumed negotiations on joint control at checkpoints with the EU

The issue of security of Ukrainian seaports and sea routes was also discussed

Photo – Steel sales in Germany decreased by 8.9% m/m in May
Steel sales in Germany decreased by 8.9% m/m in May

Sales volumes of flat rolled products fell by 8.6% m/m, and of graded products – by 7.4% m/m

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