US - Latest news GMK Center

The parties have agreed on a fixed duty, the abolition of tariffs on strategic goods, and new energy agreements

Total steel imports for the month fell by 9.6% m/m

The company uses a single-step, energy-efficient process

The company believes that US tariffs strengthen the position of local producers

The bloc could quickly impose 30% tariffs on US goods worth around €100 billion

At least three US companies, including Nucor and Gerdau, have announced price increases

US tariffs of 50% on steel and aluminum imports are not part of the agreement

Offers adjusted after two weeks of stabilization

The company sees a positive impact from Trump's tariffs and calls on Canada to take tougher protective measures

Asian seaborne scrap market weakened by strong Chinese steel exports

A 30% duty on imports from Europe threatens supply chains for EAF steel mills

The EU will continue to suspend its countermeasures until early August and insist on negotiations