US - Latest news GMK Center

Following the introduction of a 50% tariff on Canadian steel, imports of the product into the US fell sharply

The industry association believes that the parties should discuss the possibility of duty-free quotas

The American company expects this to expand its product portfolio and geographical presence

In particular, foreign companies may be eligible for a 10% tax rate under certain conditions

The price rose by $10 per short ton compared to the previous week

The country will also advocate for a regional approach to the automotive industry

The company notes that all regulatory conditions for closing the deal have already been met

The project cost approximately $440 million

Supplies for passenger trains account for a significant portion of the company's portfolio of railway projects

Total steel imports fell by 29.5% y/y

In addition, Nucor has once again raised the spot price for hot-rolled coil

This will allow the company to export steel processed in Port Talbot to the United States