US

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USA reduced steel imports by 10.7% y/y in the first half of the year 2023

The import of rolled steel in the USA decreased by 14.9% y/y in 6 months

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EU and the US have not yet reached a consensus on the steel agreement

The parties aim to reach an agreement by the autumn 2023

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USA is in critical need of its own СВАМ analogue

The mechanism will support efforts to decarbonize American industry

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Steel Dynamics increased its net profit by 27.5% q/q in Q2

The company's net sales amounted to $5.1 billion

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The USA extended the anti-dumping duty on wire rod from Ukraine

Protective measures will apply to 9 more countries

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HRC prices in US stabilized at $900/t

Market participants report strong demand despite economic concerns

cfts.org.ua
USA increased pig iron import from Ukraine by 60.8% y/y in January-April

In four months, 419.6 thousand tons of Ukrainian pig iron were shipped to American consumers

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The ITC has launched an investigation into the intensity of emissions in the US steel industry

The investigation is being conducted at the request of US Trade Representative Catherine Tai

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The US is introducing anti-dumping duties on welded pipes from South Korea

The final anti-dumping duties for the country apply from June 30

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Government investments will boost US steel demand over next decade – Nucor

Government stimulus will increase domestic steel consumption by about 6-8 million short tons

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USA imported 2.4 million tons of steel in May

The import of rolling stock in the USA for the month amounted to 1.93 million tons

metinvest.media
Indian steel will gain greater access to the US market

The US will exempt some steel and aluminum exports from India from Section 232 duties

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