US

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Nucor raises prices for hot-rolled steel by $5/t

The company adjusts its offers for the ninth time since the beginning of the year

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Hyundai invests $5.8 billion in construction of a steel plant in the United States

The group's total investment in the United States will amount to $21 billion

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EU postpones retaliatory duties on US goods until mid-April

Brussels seeks to minimize the negative effects of the trade conflict on the economy

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The US Federal Reserve left the key policy rate in the range of 4.25-4.5%

The regulator raised its inflation forecast and downgraded its GDP growth expectations

US tariffs threaten the future of European steel industry – EUROFER

EU steelmakers expect import situation to worsen and insist on effective safeguard measures

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US tariffs on steel and aluminum imports of 25% come into effect

The European Commission announced the introduction of countervailing tariffs worth €26 billion starting in April

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Nucor raises HRC prices for the sixth time since the beginning of the year

Starting March 3, the base price of HRC is $900 per short ton

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Hot-rolled coils prices in 2025 in North America will amount to $600-800/t – survey

This price level was mentioned by 56% of respondents surveyed by Headwall Partners

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The US increased imports of rolled steel by 26.5% m/m in January

Total steel imports increased by 43.5% m/m over the month

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

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

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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

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