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US - Latest news GMK Center

Photo – US steelmakers call for updating trade defense legislation
US steelmakers call for updating trade defense legislation

The industry notes that the United States is not keeping pace with efforts by China and other countries to evade import tariffs

Photo – Hot-rolled steel prices in the US continue to fall
Hot-rolled steel prices in the US continue to fall

The price of HRC on the American market fluctuates in the range of $800-900 per short ton

Photo – US increased steel imports by 21.7% m/m in January
US increased steel imports by 21.7% m/m in January

Import of finished steel increased by 18% month-on-month

Photo – US extends sanctions on a number of Russian iron and steel companies
US extends sanctions on a number of Russian iron and steel companies

Late last week, the United States announced an update to the Russian corporate segment of the SDN List

Photo – US steelmakers propose to impose import surcharges on carbon-intensive steel
US steelmakers propose to impose import surcharges on carbon-intensive steel

Discussions focus on protection against imports and global overcapacity

Photo – US warns of possible resumption of Section 232 tariffs on steel from Mexico
US warns of possible resumption of Section 232 tariffs on steel from Mexico

The American side notes the growth of steel and aluminum exports from this country

Photo – US steelmakers expect stable steel demand in 2024
US steelmakers expect stable steel demand in 2024

At present, prices for steel coils in the country have declined from their peak at the end of 2023

Photo – US reduced pipe imports from Ukraine by 18% y/y in 2023
US reduced pipe imports from Ukraine by 18% y/y in 2023

In December, Ukrainian producers shipped 6.9 thousand tons of pipes to the United States

Photo – US increased pig iron imports from Ukraine by 74.7% m/m in December
US increased pig iron imports from Ukraine by 74.7% m/m in December

In 2023, American steelmakers imported 1.05 million tons of pig iron from Ukraine

Photo – US Steel increased steel shipments by 3.8% y/y in 2023
US Steel increased steel shipments by 3.8% y/y in 2023

The European division of the company increased the indicator by 3.7% y/y

Photo – European steelmakers call for acceleration of negotiations on the Green Steel Club
European steelmakers call for acceleration of negotiations on the Green Steel Club

Progress on the steel deal between the EU and the US has been slow

Photo – Cleveland-Cliffs tests hydrogen injection into blast furnace at Indiana Harbor
Cleveland-Cliffs tests hydrogen injection into blast furnace at Indiana Harbor

Indiana's No. 7 is the largest in North America

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