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Photo – Attempts to strengthen the EU-US trade agreement are putting it at risk – Bloomberg
Attempts to strengthen the EU-US trade agreement are putting it at risk – Bloomberg

In March, the European Parliament added several amendments to the relevant legislation

Photo – Global steel producers are maintaining high HRC prices
Global steel producers are maintaining high HRC prices

Tokyo Steel has raised its offer for May sales, while Nucor has increased its offer for the 14th consecutive week

Photo – Global excess steel production capacity is undermining market discipline – AISI
Global excess steel production capacity is undermining market discipline – AISI

The industry association believes that the continued aggressive application of steel tariffs is appropriate

Photo – Prices for Turkish welded pipes rose by $60 per ton in March
Prices for Turkish welded pipes rose by $60 per ton in March

Prices for oil and gas OCTG pipes in the U.S. remained stable during the same period

Photo – Nucor has raised the price of hot-rolled coil to $1,040 per ton
Nucor has raised the price of hot-rolled coil to $1,040 per ton

Nucor and SSAB Americas will also raise prices for flat steel

Photo – Steel shipments to the US rose 5.1% y/y in February
Steel shipments to the US rose 5.1% y/y in February

Compared to the previous month, the figure fell by 2.5%

Photo – The US has adjusted tariffs on steel, aluminum, and related products
The US has adjusted tariffs on steel, aluminum, and related products

The Trump administration aims to simplify compliance and prevent the undervaluation of imports

Photo – The US is reviewing its tariff policy on steel and aluminum products
The US is reviewing its tariff policy on steel and aluminum products

The Trump administration plans to simplify the accounting process for American companies

Photo – Nucor has again raised the price of hot-rolled coil by $10 per ton
Nucor has again raised the price of hot-rolled coil by $10 per ton

The average spot price for HRC on the U.S. market is $1,020 per ton

Photo – Nucor Bar Mill Group has raised prices for bar stock
Nucor Bar Mill Group has raised prices for bar stock

The price increase for certain products is $40–60 per short ton

Photo – Gerdau is raising prices on certain types of long products in North America
Gerdau is raising prices on certain types of long products in North America

The company has raised prices for angles, channels, and steel strip by $40–60 per short ton

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