US - Latest news GMK Center

The industry demands fair trade conditions and protection from excessive imports

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

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

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