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Photo – Nucor lowers hot-rolled coil prices to $875/t
Nucor lowers hot-rolled coil prices to $875/t

The offer has decreased by $15/t compared to the previous week.

Photo – The US and China have extended the tariff truce for 90 days
The US and China have extended the tariff truce for 90 days

The postponement was the expected outcome of the latest round of negotiations in Stockholm

Photo – Honda plans to increase car production in the US amid tariffs
Honda plans to increase car production in the US amid tariffs

The company will look for a way to do this with minimal additional investment

Photo – Trade war: what Trump’s tariffs will be
Trade war: what Trump’s tariffs will be

New tariffs (with certain exceptions) will take effect on August 7, with rates reduced for most countries compared to April

Photo – EU to negotiate with US on steel imports – Merz
EU to negotiate with US on steel imports – Merz

German Chancellor calls agreement painful for European industry

Photo – Trump increased tariffs for Canada to 35%
Trump increased tariffs for Canada to 35%

At the same time, the US president gave Mexico another 90 days to work on the agreement

Photo – Atlas Holdings completes acquisition of EVRAZ North America
Atlas Holdings completes acquisition of EVRAZ North America

Newly formed Orion Steel to become a key steel producer in the US and Canada with an output of up to 3.5 million tonnes

Photo – The US and South Korea have agreed on a trade deal with a 15% tariff rate
The US and South Korea have agreed on a trade deal with a 15% tariff rate

Seoul has committed to investing $350 billion in the US, while Washington has agreed to reduce the threat of tariffs on Korean goods

Photo – Spain’s Unesid calls for clarification on EU-US trade agreement
Spain’s Unesid calls for clarification on EU-US trade agreement

The lack of clear conditions continues to affect the European and Spanish steel industries

Photo – EU steelmakers criticize trade agreement with the US over 50% steel tariffs
EU steelmakers criticize trade agreement with the US over 50% steel tariffs

The industry demands fair trade conditions and protection from excessive imports

Photo – The EU and the US will form a metals alliance to counter China’s excess capacity
The EU and the US will form a metals alliance to counter China’s excess capacity

The agreement between the parties opens up clear prospects for joint action on steel, aluminum, copper, and related products

Photo – New trade agreement with the US does not protect the EU steel sector – EUROFER
New trade agreement with the US does not protect the EU steel sector – EUROFER

Despite the efforts of the European Commission, 50% tariffs on steel remain in place and threaten exports and production in the EU

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