US

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Ukraine expects an additional $12.3 billion in support from the United States

The draft law will soon be sent to the House of Representatives for consideration and the signature of the US President

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The USA increased steel imports by 8.8% y/y in January-August 2022

Imports of finished steel products to the USA for 8 months of 2022 increased by 28.7% y/y

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US steel producers forecast a decline in profits in the third quarter of 2022

Steelmakers explain this by a drop in the price and volume of rolled steel shipments

Alpha Metallurgical Resources will deliver 4.5 million tons of coking coal to the US market in 2023

The company is not yet commenting on pricing as further discussions are ongoing

The share of imports in the rolled steel market in the USA is estimated at 23% in August 2022

The permitted volume of rolled steel imports into the United States in August 2022 was 2.063 million tons

International partners have provided $17.5 billion in aid to Ukraine since the beginning of the war

In the coming months, the next tranche of macro-financial assistance from the European Union in the amount of €8 billion is expected

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The USA increased steel imports by 10% in January-July

The import of finished steel products increased by 31.8% in the first half of 2022

The situation around Taiwan undermined US plans for tariffs on Chinese goods

Officials in Joe Biden's administration are weighing whether to eliminate some tariffs on Chinese goods or, conversely, impose others

The USA allocated $4.5 billion for Ukraine to cover the state budget deficit

The government of Ukraine will receive the first tranche of $3 billion in August

US steelmakers plan to increase production of rolled products by the end of the year – Argus

The four largest steel producers in the United States expect stabilization or growth in demand in the second half of the year

Chinese drills around Taiwan could disrupt global supply chains

Military exercises are taking place along the busiest sea routes on the planet

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