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US - Latest news GMK Center

Photo – HRC prices are slowly increasing in the USA
HRC prices are slowly increasing in the USA

In the current week, the HRC price is $870-900 per short ton

Photo – EU seeks to eliminate the imbalance in steel trade with the US
EU seeks to eliminate the imbalance in steel trade with the US

The bloc wants certainty about US tariffs and tariff quotas on European steel and aluminum

Photo – Nucor has updated its carbon neutrality goals
Nucor has updated its carbon neutrality goals

The new goal of the company is more ambitious than the previous one from 2021

Photo – Demand for steel in the US will remain stable in the coming years – forecast
Demand for steel in the US will remain stable in the coming years – forecast

It will be supported by infrastructure projects, according to Wood Mackenzie

Photo – EU aims to reach a steel agreement with the US by the end of the year
EU aims to reach a steel agreement with the US by the end of the year

The parties failed to reach an agreement at the summit in October

Photo – US and the EU should overcome differences regarding the steel agreement – experts
US and the EU should overcome differences regarding the steel agreement – experts

Politicians probably need more time to agree on the details

Photo – Cleveland-Cliffs has raised HRC prices by another $100/t
Cleveland-Cliffs has raised HRC prices by another $100/t

Spot base prices for the company's hot-rolled coil rose to $1,000 per short ton

Photo – US is investing $2 billion in low-carbon construction projects
US is investing $2 billion in low-carbon construction projects

More than 150 objects have been identified, the priority is the purchase of building materials with lower carbon emissions

Photo – US steelworkers support cross-border carbon tax proposal
US steelworkers support cross-border carbon tax proposal

Bill on relevant import duties introduced in the Senate

Photo – US market expects further growth in prices for hot-rolled steel
US market expects further growth in prices for hot-rolled steel

HRC supply is expected to be limited until the end of this year

Photo – Cleveland-Cliffs for the second time in October raised HRC prices
Cleveland-Cliffs for the second time in October raised HRC prices

The new base price is $900 per short ton

Photo – USA reduced steel imports by 4.1% m/m in September
USA reduced steel imports by 4.1% m/m in September

Imports of rolled steel in the USA for the month fell by 15.1% m/m

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