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Photo – Cleveland-Cliffs reduced steel sales by 5% y/y in 2024
Cleveland-Cliffs reduced steel sales by 5% y/y in 2024

Last year, the company's foreign sales amounted to 15.6 million tons

Photo – EU expects €28 billion in losses from US steel and aluminum tariffs
EU expects €28 billion in losses from US steel and aluminum tariffs

According to European officials, the situation is fluid, and the details and scope of duties may change

Photo – SSAB Americas raises prices for heavy plates by $100/t
SSAB Americas raises prices for heavy plates by $100/t

This is the company's third price increase in the last month

Photo – Trump administration adds steel derivatives to Section 232 list
Trump administration adds steel derivatives to Section 232 list

The US sees the need to adjust tariffs to protect local producers

Photo – Spanish Chamber of Commerce assesses the impact of US tariffs on steel exports
Spanish Chamber of Commerce assesses the impact of US tariffs on steel exports

Last year, Spanish steel exports to the US market amounted to 264.8 thousand tons

Photo – US tariffs on steel imports may have a ripple effect – Metinvest
US tariffs on steel imports may have a ripple effect – Metinvest

Implementation of this decision will cause difficulties for the company's Bulgarian subsidiary

Photo – Nucor raises prices for hot-rolled coils for the fourth time since the beginning of the year
Nucor raises prices for hot-rolled coils for the fourth time since the beginning of the year

The company also announced an increase in the cost of wire rod

Photo – Latin American steelmakers offer the US a strategic alliance
Latin American steelmakers offer the US a strategic alliance

Regional alliance to help defend against unfair trade practices and China's overcapacity

Photo – ArcelorMittal invests $1.2 billion in construction of a plant in Alabama
ArcelorMittal invests $1.2 billion in construction of a plant in Alabama

The company will produce non-grained electrical steel

Photo – EU strong enough to resist US tariffs – Scholz
EU strong enough to resist US tariffs – Scholz

European politicians consider the best way to reach an agreement

Photo – Outokumpu slows investment plans amid weak stainless steel market
Outokumpu slows investment plans amid weak stainless steel market

Finnish company cancels plans for US expansion and nuclear investments due to market difficulties

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