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US - Latest news GMK Center

Photo – Trump announces 25% tariffs on car imports to the US
Trump announces 25% tariffs on car imports to the US

The tariffs are to enter into force on April 3

Photo – Trump’s trade war could lead to a global financial crisis
Trump’s trade war could lead to a global financial crisis

Increased trade barriers and political uncertainty always lead to huge consequences

Photo – Nucor raises prices for hot-rolled steel by $5/t
Nucor raises prices for hot-rolled steel by $5/t

The company adjusts its offers for the ninth time since the beginning of the year

Photo – Hyundai invests $5.8 billion in construction of a steel plant in the United States
Hyundai invests $5.8 billion in construction of a steel plant in the United States

The group's total investment in the United States will amount to $21 billion

Photo – EU postpones retaliatory duties on US goods until mid-April
EU postpones retaliatory duties on US goods until mid-April

Brussels seeks to minimize the negative effects of the trade conflict on the economy

Photo – The US Federal Reserve left the key policy rate in the range of 4.25-4.5%
The US Federal Reserve left the key policy rate in the range of 4.25-4.5%

The regulator raised its inflation forecast and downgraded its GDP growth expectations

Photo – US tariffs threaten the future of European steel industry – EUROFER
US tariffs threaten the future of European steel industry – EUROFER

EU steelmakers expect import situation to worsen and insist on effective safeguard measures

Photo – US tariffs on steel and aluminum imports of 25% come into effect
US tariffs on steel and aluminum imports of 25% come into effect

The European Commission announced the introduction of countervailing tariffs worth €26 billion starting in April

Photo – Nucor raises HRC prices for the sixth time since the beginning of the year
Nucor raises HRC prices for the sixth time since the beginning of the year

Starting March 3, the base price of HRC is $900 per short ton

Photo – Hot-rolled coils prices in 2025 in North America will amount to $600-800/t – survey
Hot-rolled coils prices in 2025 in North America will amount to $600-800/t – survey

This price level was mentioned by 56% of respondents surveyed by Headwall Partners

Photo – The US increased imports of rolled steel by 26.5% m/m in January
The US increased imports of rolled steel by 26.5% m/m in January

Total steel imports increased by 43.5% m/m over the month

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