US

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Nucor cuts prices for hot rolled coils by $20/t

Supply of products fell to the lowest level since early March

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Cleveland-Cliffs shuts down three plants in the US

The shutdown threatens to lose about 950 jobs

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EU considers increasing purchases from the US by €50 billion

China is evaluating the possibility of negotiations, and Japan aims to reach a trade agreement in June

Ukraine and the United States sign an agreement on the establishment of the Reconstruction Investment Fund

The Fund will become a tool for attracting investments in the development of the domestic economy

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SSAB increased rolled steel production by 6.3% y/y in Q1

Shipments of products increased by 5.9% y/y and steel production – by 0.3% y/y.

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Donald Trump eased some tariffs for the auto sector

The step is aimed at reducing the overall level of duties, which is formed due to their layering

Tariff war: Trump’s new plans and the world’s reaction

A 90-day pause on US “reciprocal” tariffs begins on April 9

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The US increased imports of rolled steel products by 11.9% m/m in March

Total steel imports increased by 11.4% m/m over the month

Steel Dynamics notes strengthening of steel prices in Q1

The company increased steel supplies to a record 3.5 million tons in the period under review

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POSCO and Hyundai to jointly build a $5.8 billion steel plant in the US

The future plant in Louisiana is the result of Donald Trump's controversial tariff policy

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Trump’s steel tariffs to affect US energy sector

Duties will lead to increased costs and time in wind energy and electricity transmission

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