US

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The USA has extended the suspension of tariffs on Ukrainian steel for a year

The United States suspended tariffs on Ukrainian steel for one year in May 2022

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The USA increased steel imports by 9.4% m/m in April

The import of rolled steel in the USA for the month increased by 1.4% m/m

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The US imported 77% of steel in 2022 without the application of section 232 tariffs

Last year, the country reduced corresponding steel imports by 1.9% y/y

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US rolled steel prices will ease after rising in the first quarter

Service centers are currently looking to reduce inventory

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Nucor and NuScale Power will work together on a green transition

Тhe companies will explore the possibility of using SMR power plants at Nucor enterprises

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The green agreement between the US and the EU should affect Chinese steel production

The negotiations are aimed at establishing barriers for products produced with high carbon emissions

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US extends duty on round welded pipes from four countries

Tariffs apply to products shipped to the US from Brazil, Mexico, South Korea, and Taiwan

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World prices for hot-rolled coils are falling under the pressure of low demand

Global rolled steel trade is slowing due to uncertainty in the Chinese market

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The USA increased steel imports by 14.2% m/m in March

The import of finished steel products in the USA for the month increased by 9% m/m

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Nucor reported net income of $1.14 billion in the first quarter

In the fourth quarter of 2022, the company's net profit was $1.26 billion

The USA introduced sanctions against the Russian Metaloinvest

The subsidiaries of Metaloinvest Lebedynskyi and Mykhailivskyi Minings, OEMK and the Swiss Metalloinvest Trading came under the influence of Western sanctions

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