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Photo – Nippon Steel postpones deadline for closure of US Steel
Nippon Steel postpones deadline for closure of US Steel

The company extended the date to the first quarter of 2025

Photo – The USA reduced imports of rolled steel by 13.5% m/m in November
The USA reduced imports of rolled steel by 13.5% m/m in November

Total steel imports for the month fell by 13.7% m/m

Photo – Electra and Interfer to cooperate in the field of pure iron
Electra and Interfer to cooperate in the field of pure iron

In this way, Interfer will support customers in achieving their decarbonization goals

Photo – FED cuts key policy rate by 25 basis points
FED cuts key policy rate by 25 basis points

The decision coincided with the expectations of analysts and economists

Photo – Cleveland-Cliffs raises prices for hot-rolled steel up to $800/t
Cleveland-Cliffs raises prices for hot-rolled steel up to $800/t

The increase in value was driven by improved market conditions and demand

Photo – Vale completes negotiations for iron ore briquette plant in the US
Vale completes negotiations for iron ore briquette plant in the US

The company will start the first phase of the project in Louisiana

Photo – Biden plans to block the merger of Nippon Steel and US Steel – Bloomberg
Biden plans to block the merger of Nippon Steel and US Steel – Bloomberg

CFIUS is due to deliver its decision on December 22-23

Photo – US tariffs will affect regional steel trade – Ternium CEO
US tariffs will affect regional steel trade – Ternium CEO

In 2024, Mexico will have a steel trade deficit with the United States of 2.3 million tons

Photo – Cleveland-Cliffs opens January booking for hot-rolled coils at $750/t
Cleveland-Cliffs opens January booking for hot-rolled coils at $750/t

Nucor also keeps its price offers for the current week at $750/mt

Photo – US steelmakers propose a plan to strengthen the manufacturing sector
US steelmakers propose a plan to strengthen the manufacturing sector

The proposed measures include, in particular, increased tariffs to support domestic production

Photo – ECB President calls for avoiding trade confrontation between the EU and the US
ECB President calls for avoiding trade confrontation between the EU and the US

Christine Lagarde warned that a trade war would lead to a decline in global GDP

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