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Instead, the government is seeking to agree on a permanent guarantee of 25% tariffs

The forecast is based on expectations of high steel shipment volumes

Total steel imports for the month fell by 0.6% m/m

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

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

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

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

German Chancellor calls agreement painful for European industry

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

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

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

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