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Photo – Nucor reaches peak price growth for hot rolled coils
Nucor reaches peak price growth for hot rolled coils

Offers for the current week remained unchanged after 9 weeks of growth

Photo – The US steel market: no entry for outsiders
The US steel market: no entry for outsiders

New protective measures limit opportunities for importing metal products

Photo – The US reduced imports of rolled steel by 29.6% m/m in February
The US reduced imports of rolled steel by 29.6% m/m in February

Total steel imports fell by 27.2% m/m over the month

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

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