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Photo – WTO rules against Turkiye in dispute with the US over Section 232 duties
WTO rules against Turkiye in dispute with the US over Section 232 duties

Turkish measures were recognized as contrary to the norms of the World Trade Organization

Photo – Japan’s Nippon Steel to acquire U.S. Steel for $14.9 billion
Japan’s Nippon Steel to acquire U.S. Steel for $14.9 billion

The deal was unanimously approved by the NSC Board of Directors and the U.S. Steel

Photo – EU considers reopening WTO case on US steel tariffs – Bloomberg
EU considers reopening WTO case on US steel tariffs – Bloomberg

The parties continue negotiations on tariff quotas and the extension of the terms of the truce

Photo – Sentiment in the US steel industry improved amid rising prices
Sentiment in the US steel industry improved amid rising prices

A reduction in supply and an increase in order fulfillment allowed prices to stabilize

Photo – Global HRC prices continue to rise
Global HRC prices continue to rise

European steelmakers raise offers to €700-720/t, Indian export prices rise

Photo – US steel companies’ performance remains robust – Fitch Ratings
US steel companies’ performance remains robust – Fitch Ratings

The country's steelmakers continue to invest in expanding production

Photo – USA imported 62.42 thousand tons of pig iron from Ukraine in August
USA imported 62.42 thousand tons of pig iron from Ukraine in August

In January-August, American steelmakers imported 810.83 thousand tons of pig iron from Ukraine

Photo – EU calls on the US for less stringent quotas on imports of European steel
EU calls on the US for less stringent quotas on imports of European steel

The EC is striving to achieve a system that more closely reflects trade flows

Photo – USA increased imports of rolled goods by 16.2% m/m in October
USA increased imports of rolled goods by 16.2% m/m in October

Steel imports in the USA for the month fell by 0.3% m/m

Photo – USA canceled anti-dumping measures on the import of twisted wire from Ukraine
USA canceled anti-dumping measures on the import of twisted wire from Ukraine

Previously, the dumping margin was 19.3% and was effective from 2021

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